Audit Expert - Quantitative / Model Risk
Welcome to UBS, a leading global financial services firm with a strong commitment to excellence and integrity. We are currently seeking a highly skilled Audit Expert - Quantitative/Model Risk to join our team. In this role, you will be responsible for conducting independent, comprehensive, and complex audits of our quantitative and model risk controls to ensure compliance with regulatory requirements and industry best practices. Your expertise and insights will play a crucial role in safeguarding our firm's reputation and financial stability. If you are a detail-oriented, analytical, and experienced professional with a deep understanding of quantitative and model risk, we encourage you to apply.
- Conduct independent and comprehensive audits of quantitative and model risk controls.
- Ensure compliance with regulatory requirements and industry best practices.
- Utilize expertise and insights to identify potential risks and recommend solutions.
- Safeguard the firm's reputation and financial stability through thorough and accurate audits.
- Communicate audit findings to relevant stakeholders, including senior management.
- Develop and maintain strong knowledge of industry trends and best practices related to quantitative and model risk.
- Collaborate with cross-functional teams to implement audit recommendations and improve processes.
- Provide guidance and support to junior team members.
- Maintain and update audit documentation and reports.
- Stay up-to-date with relevant regulations and ensure adherence to them.
- Identify opportunities for process improvements and efficiency.
- Conduct risk assessments and provide recommendations for risk mitigation strategies.
- Participate in training and development opportunities to enhance skills and knowledge.
- Represent the firm in a professional and ethical manner at all times.
- Adhere to UBS's code of conduct and values.
Strong Quantitative Skills: An Audit Expert In Quantitative/Model Risk At Ubs Should Possess Advanced Quantitative Skills And A Deep Understanding Of Mathematical And Statistical Concepts. This Includes Expertise In Quantitative Modeling, Risk Assessment, And Data Analysis.
Extensive Knowledge Of Financial Markets: The Ideal Candidate Should Have A Thorough Understanding Of Financial Markets, Products, And Instruments. This Includes A Strong Knowledge Of Risk Management Practices And Regulatory Requirements.
Experience In Auditing: Candidates Should Have A Minimum Of 5 Years Of Experience In Auditing, Preferably In A Financial Institution. This Should Include Experience In Auditing Quantitative Models And Assessing Model Risk.
Familiarity With Regulatory Requirements: Ubs Operates In A Highly Regulated Industry, So Familiarity With Relevant Regulations, Such As Basel Ii/Iii, Ccar, And Sr 11-7, Is Essential For This Role. The Candidate Should Also Have Experience In Implementing And Testing Model Risk Controls To Comply With Regulatory Requirements.
Excellent Communication And Collaboration Skills: As An Audit Expert, The Candidate Will Be Required To Work Closely With Various Stakeholders, Including Risk Managers, Model Developers, And Internal Auditors. Therefore, Strong Communication And Collaboration Skills Are Essential For This Role. The Candidate Should Also Have The Ability To Present Complex Quantitative Concepts To Non-Technical Stakeholders.
Risk Management
Quantitative Research
Data Analysis
Statistical modeling
Financial forecasting
Risk assessment
Regulatory compliance
Data Interpretation
Scenario Analysis
Model validation
Financial
Audit Procedures
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Problem Solving
Time management
creativity
Attention to detail
Teamwork
Adaptability
According to JobzMall, the average salary range for a Audit Expert - Quantitative / Model Risk in London, UK is between £45,000 and £80,000 per year. This range can vary depending on the specific company, years of experience, and additional qualifications or certifications. Additionally, bonuses and benefits may also be included in the overall compensation package.
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UBS is a global firm providing financial services in over 50 countries. The company provides wealth management, asset management, and investment banking services for private, corporate, and institutional clients worldwide.
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