India
Risk
Group Functions

Job Reference #
332581BR

City
Mumbai

Job Type
Full Time

Your role
Are you an innovative thinker who likes to challenge the status quo? Are you interested in risk modelling? Are you wondering where the limitations of a model are?- We are looking for a Model Validator to:
assess the conceptual soundness and methodology of models
check appropriateness of assumptions, parameters, model calibrations, qualitative or expert adjustments, etc.
review outcome, impact, or benchmark analyses and develop a benchmark model (as appropriate)
assess model risk, including model robustness analysis, identification of limitations, and their assessment
document the assessment to the required standards
collaborate with model developers and communicate with key stakeholders across the bank

Your Career Comeback

Your team
You'll be working in the scenario expansion models validation team in Mumbai and play an significant role in validating all scenario expansion models used by UBS.



We carry out independent model assessments in line with the internal governance of models policy and regulatory requirements.

Your expertise
You have:
solid quantitative analytic and modelling skills
solid computing and programming (coding) skills and experience utilizing programming languages such as R or Python
valuable knowledge of econometric models used for forecasting macroeconomics and financial variables (ARIMA, VAR, ECM, PCA, etc.)
master’s or PhD degree in a quantitative field (e.g. econometrics, financial economics, financial maths, statistics, engineering, physics, mathematics) and preferably a few years of experience in risk modelling, model validation or related fields
proven project management skills, taking end-to-end responsibility regarding quality and deadlines as well as timely escalating of issues
strong communication and writing skills and the ability to explain technical topics clearly and intuitively, both written and ora

📌 Finance Model Validation Quantitative Analyst Mumbai
🏢 UBS
📍 Mumbai