UBS - Macroeconomic Stress Model Confirmation Specialist

Your role

Are you an expert in risk analysis? Are you knowledgeable in macroeconomic risk modeling and statistical data analysis? Are you an innovative thinker who likes to challenge the status quo? Do you enjoy leading and developing a specialized team to deliver solutions? For our Credit Methodology and Stress model confirmation team we- re looking for an experienced risk model specialist who can:

- Carry out model confirmation in line with the UBS Model Performance Monitoring and Confirmation Guidelines; which includes

- Confirmation of a model's conceptual soundness and methodology

- Performing an evaluation of changes to the model environment, including macroeconomic factors, etc.

- Reviewing the output of the model and the monitoring of its performance

- Performing quantitative model testing

- Maintaining documentation of the model confirmation process

Your team

You- ll be part of our Risk Methodology team in Airoli, Mumbai. Working together with our colleagues of the global Risk Methodology team it is our role to employ the latest quantitative techniques to ensure that our risk control models are fit for purpose and meet all regulatory requirements. It's an opportunity to work with and learn from some of the sharpest minds in risk control.

Your experience and skills

You have:

- At least 5 years of experience in a macroeconomic modeling environment, preferably with knowledge of regulatory practices

- Master's or PhD degree in Economics/Econometrics/Finance or a related field, with a sound knowledge of macroeconomic theory

- an established record of working with macroeconomic data, macroeconomic theory and solid knowledge of econometric models used for forecasting

- knowledge of statistical modeling software (R is a must, knowledge of Matlab, Eviews, Stata will be a plus) and LaTeX

- strong analytical, problem-solving and synthesizing skills (you know how to figure things out)

- experience working with large datasets (e.g. data mining and machine learning) is a plus

- experience involving quantitative macroeconomic analysis and/or quantitative finance for stress testing is a plus

- having produced publication quality papers with econometric content is a plus

You are:

- team-oriented but able to complete tasks independently to a high standard

- a strong communicator, able to clearly explain technical topics to non-technical audience

- structured, organized, and detail-oriented

- fluent in English