
Audit Expert - Quantitative / Model Risk
UBS
Full Time
London, England
Posted 19 days ago
Job description
United Kingdom Audit Group Functions Job Reference # 279956BR City London Job Type Full Time Your role Are you a sharp evaluator of risk? Can you investigate complex situations and propose solutions? Are you familiar with regulatory expectations around model risk management? We’re looking for someone like that who can: conduct reviews and audits of models in various business areas, provide practical, innovative and value-added solutions to issues identifiedanalyze and assess risks and barriers to delivery, assumed by both the business and support functionsidentify and evaluate the effectiveness of controls designed to address those risksprepare reports of audit findings for UBS senior management, monitor the results, risk profile and developments across GIA network and provide input for planning sessions Your Career Comeback We are open to applications from career returners. Find out more about our program on ubs.com/careercomeback. Your team You will be working in the Group Internal Audit team. GIA’s role, as an independent function, is to support UBS in achieving its strategic, operational, financial and compliance objectives. We do this by assessing key processes as well as governance, risk management and the control environment within all business divisions and Corporate Center functions globally. We are independent in our work and report directly to the Chairman of the Board of Directors and the Audit Committee. We are a talent powerhouse that attracts and develops the best people by driving career growth in and outside the department. Our team is responsible for auditing the Market Risk and Valuations areas and the model risk across all risk types Your expertise a Master's degree or the international equivalent, in a quantitative field (Mathematics, Physics, etc.)ideally 5 years' experience in audit or internal risk management areas within the financial industry. This experience could have been gained at a consulting firm or in an internal audit function.strong analytical skills and willingness to keep up with industry, regulatory developments and learn new concepts and methodsa detailed understanding of banking operations and regulations as well a quantitative approach to problem solvingreliable when working independently, with sound judgment for when to escalate issuesrisk focused, and capable of using data analytics to gain insights into transactions, clients, and investment productsa flexible and committed team player willing to travel to other UBS locations for audit assignmentscurious and willing to discover all aspects of the bank, with the ambition to advance your career in an international environment #LI-Hybrid LI-GB About us UBS is the world’s largest and 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. With more than 70,000 employees, we have a presence in all major financial centers in more than 50 countries. Do you want to be one of us? 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? 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.Jobs Advertisement
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