Model Risk Control Analyst – Oversight (PL)
Job Reference #
Are you interested in risk management at a global bank? Ever wonder how risks associated with using models to support decisions - from credit lending to capital planning - are managed? Do you enjoy figuring out analytical solutions to business problems? Interested in risk management as well as in the roles and responsibilities of an oversight and governance function?
Given the significant growth in use of models across UBS globally in the past years, you will be joining one of the most dynamic governance functions within Risk, helping to understand and manage model risk for the Combined US Operations (CUSO) of UBS entities. We are looking for someone like you to join the CUSO Model Oversight., Governance and Resource Management team to join us in evolving our capabilities in model risk analytics, model governance and regulatory responses.
Support the maintenance and enhancement of model risk oversight processes including analytics and reporting for CUSO, to help produce high quality, value-adding model risk assessments around key performance metrics as well as status updates on the model risk control environment
Support coordinating and crafting qualitative inputs from model owners and validators to key model risk reports, including the Model Risk Appetite Framework report, Model Risk Reports and CCAR model landscape reporting
Support model risk reporting to key stakeholders including senior management, governance boards and committees as well as to auditors and regulators.
Respond to ad hoc requests for model risk information by engaging with model stakeholders to obtain the required data and support crafting responses (e.g. data analysis and commentary) suitable for senior management.
Conduct and support independent reviews and control assessments, such as independent review of overlay usage in quarterly capital planning activities to ensure every overlay requiring a review by MRMC has been reviewed by MRMC.
Management of data repositories, including SharePoint and shared drives, to ensure consistent and complete storage of reporting artefacts
Bring your ideas and perspectives for new ways to operate as a global, semi-virtual team, and to automate and simplify our work.
You will be part of the CUSO Model Oversight, Governance and Resource Management team, within MRMC US, which is the function responsible for overall model risk management and control for CUSO, including model risk appetite and oversight, model governance, model validation and resource management. You will be joining a globally diverse team, with colleagues based in the US and Poland.
Bachelor’s Degree with studies requiring data analysis, e.g. Finance, Economics, Business, Engineering, Data Science.. Relevant experience is key versus type of degree.
3+ years of experience in model or related risk management/governance, internal or external audit, regulatory reporting or similar with a role in data management and reporting is preferred.
Experience with regulatory reporting, audit/regulatory exams and /or senior management reporting ideal, including producing ad hoc analysis based on management queries.
Working knowledge of Tableau, Alteryx, Automation Anywhere or similar tools, as well as SharePoint.
Good interpersonal skill/ knows how to work across teams in a global environment.
Proficiency in the use of Microsoft Office with advanced experience in Excel and PowerPoint.
Knowledge of open sources (e.g. Python) preferred but not mandatory
Strong organizational skills are required to perform multiple tasks simultaneously to meet strict deadlines
Excellent written and communication skills, demonstrated with clear reports and presentations
Excellent English language skills – written and verbal, given this role will interact with senior stakeholders.
Ability to work independently and in a virtual and global team environment
Ability to work in a fast paced environment, with tight deadlines.
Expert advice. Wealth management. Investment banking. Asset management. Retail banking in Switzerland. And all the support functions. That's what we do. And we do it for private and institutional clients as well as corporations around the world.
We are about 60,000 employees in all major financial centers, in more than 50 countries. Do you want to be one of us?
We're a truly global, collaborative and friendly group of people. Having a diverse, inclusive and respectful workplace is important to us. And we support your career development, internal mobility and work-life balance. If this sounds interesting, apply now.
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.