Model Validation

2 weeks ago

Mumbai Maharashtra, India UBS Full time

India
- Risk
- Group Functions

**Job Reference #**
- 296278BR

**City**
- Mumbai

**Job Type**
- Full Time

**Your role**
- Are you an expert in analytics? Are you an innovative thinker who likes to challenge the status quo? Do you know how to work well within a team and deliver effective solutions? We're looking for someone like that to carry out independent validation of models used across different areas in UBS, by
- assessing the model's conceptual soundness and methodology
- checking appropriateness of input data, model assumptions and parameters, calibration accuracy as well as of qualitative or expert adjustments, etc.
- reviewing outcome, impact, performing benchmark and robustness analyses
- identifying model limitations and evaluating overall model risk
- documenting the assessment to required standards
- interacting and collaborating with stakeholders: model developers, users, model governance representatives in order to safeguard the quality of our model risk management framework

**Your team**

**Your expertise**
- You have:

- a MSc degree in Statistics, Mathematics, Physics, or Quantitative Economics; PhD is a plus
- knowledge of financial markets and products, strong interest in the financial services industry, preferably in risk management. Prior experience in model development or validation is a plus
- strong coding skills in R, Python, MATLAB or similar
- excellent analytical skills
- curiosity and a thirst for innovation
- You are:

- fluent in English, oral and written
- a team player with strong interpersonal skills
- motivated, well organized and able to complete tasks independently to high quality standards

**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.

**How we hire**

**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.

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