Banking Model Risk and Analytics Specialist

Job Description

Job Reference # 314747BR Job Type Full Time Your role Support a structured, sustainable and effective system of execution, governance and control for CCAR processes, including: the assessment of stress testing results during 1st and 2nd LoD review meetings and other governance forums and; any inquiry related to Banking CCAR results Support Banking team (1st line) with management / strategic overlay process, including review of supporting documentation and required governance Prepare materials in support of BUSA 1LOD model and affiliate risk oversight efforts, which includes: schedule of risk/control deliverables; review affiliate/vendor oversight process; periodic review/enhancement to policy, procedure and controls Provide program/project management for key strategic/regulatory change initiatives Work collaboratively with others to develop strong relationships inside and outside the Banking Group Prepare and/or review documentation, supporting material and obtain sign-offs from stakeholders Develop strong working relationships with Business, Finance, Risk, Technology, Data Management Office and other counterparts across the organization Carry out activities and duties in full compliance with regulatory requirements, UBS Risk Framework and internal UBS Policies and Standards Your team The Banking Strategic Regulatory & Model Risk team, program monitors 1LOD model risk, manages the capital adequacy planning execution, bank resolution planning, and supervisory feedback remediation. This team also contributes to strategic/regulatory change initiatives in the Banking group. Banking CCAR & Strategic Regulatory Analyst will support Banking group’s CCAR and ICAAP execution, including PPNR forecasting, capital stress testing, supervisory feedback remediation, and establishment of a BAU process for execution of capital adequacy planning. In addition support affiliate risk and strategic regulatory related efforts. Develop functional understanding of Bank and CUSO capital planning and related policies, as well as regulatory guidance. Collaborate with cross-functional teams, and contribute to process improvements and other initiatives. You will have exposure to UBS Bank USA product teams and frequent interactions across functional, and cross divisional stakeholders. As a member of the team, you will bring risk, regulatory, financial industry experience and 3-5 years of relevant experience. Experience with program/project management, audit/ compliance/regulatory/controls, workflow, and risk is essential. Your expertise Undergraduate or graduate degree in finance, business, or related field 3 years or more experience in audit, financial planning and analysis, risk management, risk control, or compliance Effective communication skills, both written and spoken Strong problem solving/analytical and influencing skills, effectively work with cross-functional teams Attention to details and project management skills Experience in managing implementation or change projects CCAR experience or practical understanding of relevant regulatory environment preferred Excellent MS-Office knowledge You are: Proactive, self-driven and flexible, with ability to complete multiple tasks under tight deadlines Strong, confident self-motivated contributor who is comfortable working independently to look ahead, anticipate, challenge and manage around obstacles Comfortable with escalation and challenge Well organized, with solid decision making skills and a sharp eye for detail A critical and creative thinker who can look beyond the numbers to build a narrative about what's really going on 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 We may request you to complete one or more assessments during the application process. Learn more 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. Show more Show less