Risk Modelling amp Analytics Specialist

Job Your role Are you at ease in analytics Are you an innovative thinker who is interested in how models work and what their limitations are Are you an engaged and motivated personality For our market risk models validation team we're looking for a quantitative analyst who can carry out project-based independent model assessments in line with the UBS model governance policy and regulatory requirements, notably: . assess the model's conceptual soundness and methodology . check appropriateness of input data, the model assumptions and parameters, the accuracy of the model calibration, as well as of qualitative or expert adjustments . review outcome, impact and develop benchmark approaches . assess model risk, perform model robustness analysis, and identify and evaluate model limitations . document the assessment to required standards . interact and discuss with stakeholders. 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 Recruiting India 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. Your team You'll be working in the Market Risk team of Model Risk Management & Control (MRMC) unit in Airoli, Mumbai. Our model validation team is responsible for the independent review and challenge of market risk models used within UBS. The model universe covers but is not limited to Value-at-Risk, Risks-not-in-VaR, Market risk Stress Loss/RWA, also covering the entire suite of model changes due to FRTB, and Libor transition. Your expertise . a degree in finance, engineering, statistics, or a related quantitative field . the ability to apply quantitative techniques to solve practical problems . analytical and cognitive skills, together with an inquisitive mind . very good communication skills and the ability to explain technical topics clearly and intuitively, both written and orally . knowledge of R, Latex preferred . co-operative and team-orientated, while being able to motivate and organize yourself and complete tasks independently to high quality standards . fluent in English, oral and written #LI-SS1