UBS Financial Services CCAR Effective Review & Challenge in Weehawken, New Jersey
Are you passionate about developing technology solutions that improve efficiency and streamline processes? Are you a risk manager with a broad understanding of the capital planning process and stress testing?
We're looking for someone who can:
develop web based technology solutions to perform sensitivity analysis of model assumptions, macro-economic indicators utilized in the capital planning process
develop a technology solution that tracks the review and challenge that occurs during the capital planning process
carry-out capital analyses, inclusive of macro indicators, PPNR and risk loss measures which calculations he/she will need to be able to decompose to assess forecast approaches and business rationale for consistency and reasonableness
ensure models / scenario outputs have been validated using analytics and industry data (by developing adequate processes and models where necessary)
review the CCAR and ICAAP documentation and execute of in-person assessments of the effective implementation of processes and governance
perform historical and peer analyses
report finding to Senior Management teams and governance committees (including ALCO) and formulate recommendations
What we offer:
Together. That’s how we do things. We offer people around the world a supportive, challenging and diverse working environment. We value your passion and commitment, and reward your performance.
Take the next step:
Are you truly collaborative? Succeeding at UBS means respecting, understanding and trusting colleagues and clients. Challenging others and being challenged in return. Being passionate about what you do. Driving yourself forward, always wanting to do things the right way. Does that sound like you? Then you have the right stuff to join us. Apply now.
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.
The Effective Review & Challenge (ERC) team is a newly formed team operating under the Americas Deputy CFO and head of the CCAR program. The team is a part of CCAR central team and works alongside the regional treasury team, risk control and other key oversight functions such as model validation and internal audit.
Your experience and skills:
a university degree in engineering, finance, economics, business administration or a numerical discipline
exposure to or detailed knowledge of significant regulatory rules/initiatives and the development of programs to address significant regulatory rule/initiatives compliance; CCAR knowledge is preferred.
several years of experience in the financial or technology services industry
knowledge of financial products and services offered by investment banks
driven by developing technology tools
a great communicator – and you know how to handle challenging situations
reliable and resilient – challenging situations and conversations don’t scare you
team-orientated, while able to complete tasks independently
motivated, diligent, organized, and able to drive tasks to closure
able to travel occasionally
Expert advice. Wealth management. Investment banking. Asset management. Retail banking in Switzerland. And all the support functions. That's what we do. And we do it for private and institutional clients as well as corporations around the world.
We are about 60,000 employees in all major financial centers, in almost 900 offices and more than 50 countries. Do you want to be one of us?
Job Reference #: 151407BR
Business Divisions: Corporate Center
Title: CCAR Effective Review & Challenge
Job Type: Full Time
Country / State: United States - New Jersey
Function Category: Finance