Job Description

India
Risk
Group Functions
Job Reference #


299336BR
City


Mumbai
Job Type


Full Time
Your role


Are you an expert in data analytics? Do you enjoy understanding models and their background? Are you organized with an eye for detail? We're looking for someone like that to:

- review and challenge models used in operational risk management

- assess the conceptual soundness and appropriateness of different models and perform related outcome, impact and benchmark analyses

- run analyses on implementations to assess their correctness and stability

- carry out and document independent model validation in line with regulatory requirements and internal standards

- interact and discuss with model users, developers, senior owners and governance bodies

- support regulatory exercises
Your team


You will be working in Model Risk Management & Control function within the Group Chief Risk Officer organization. Our role is to understand and assess the risks associated with the use of models throughout the bank. We focus on models which determine operational risk capital as well as models used to monitor operational risks such as money laundering, rogue trading or market manipulations. The complexity ranges from simple rules based approaches to sophisticated statistical and machine learning based methods.
Your expertise


The role requires a mix of expertise in statistics, information technology and specialist knowledge in operational risks and monitoring of compliance. Ideally, you have skills and experience in these areas but an eagerness to further develop your existing expertise is more important.


You have:

- a MSc or PhD degree in a quantitative field (e.g. mathematics, physics, statistics, engineering, economics or computer science).

- experience in model development or validation of statistical/mathematical models.

- familiarity with the global financial industry and its compliance and operational risks.

- expertise in data assembling and analysis, computational statistics, anomaly detection or machine learning including relevant programming skills, for example in R, Python, Java, C++, or SQL

- strong writing skills and a structured working style



You are:

- able to explain technical concepts in simple terms to facilitate collaboration

- willing to create your own brand in the group and companywide

- skilled at constructive criticism (you have the human touch)
About us


UBS is the world's largest and the only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors..



We have a presence in all major financial centers in more than 50 countries.
Join us


At UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.



From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we're more than ourselves. Ready to be part of #teamUBS and make an impact?
Contact Details


UBS Business Solutions SA

UBS Recruiting
Disclaimer / Policy Statements


UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.