Transaction Monitoring Models Specialist

City

Singapore

Job Type

Full Time

Country / State

Singapore

Function Category

Compliance, Quantitative Analysis, Risk

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?

Contact Details

UBS Business Solutions SA
UBS Recruiting

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.

Your team

You'll be joining the GCRG Methodologies and Models, the model and innovation hub for UBS non-financial risk management. You'll play a driving role in ensuring our models comply with our global model risk governance framework and will shape the continuous improvement of the models and the overall function.

Your expertise

• an advanced University degree (Master or Ph.D.) in STEM (computer science, natural science, math, statistics, physics, economics, data science, electrical or mechanical engineering, financial engineering, or related domain.)
• ideally 5+ years of quantitative model development or model validation experience in financial services, risk & compliance domain with strong domain knowledge in Financial Crime Prevention, Market Surveillance, Transaction Monitoring, Financial Crime Compliance and experience in how these risks can effectively be monitored using models, including scenario optimization and testing methodologies such as Below The Line (BTL) testing
• strong analytical mindset with the ability to identify risks and opportunities including the ability to analyze data to bridge business purpose, and vice versa
• relevant, hands-on experience and understanding of model risk management / model governance requirements and processes. Role requires thorough understanding of model regulatory framework and ability to support and guide model owners and steer the portfolio of UBS transaction monitoring models efficiently and effectively
• self-starter, able to manage and prioritize multiple priorities, including the ability to independently define/design, document, and defend conceptual soundness, outcomes analysis, identify boundary conditions, weaknesses and limitations, and production of high quality of model documentation
• excellent project management, communication & presentation skills with strong focus in soft/interpersonal skills. This includes end to end project ownership, manages critical path of delivery timelines, mitigates blockers, and escalates as needed, avoids delivery surprises by managing timelines, expectations, and managing escalations early and proactively while avoiding surprises for all project stakeholders such as Financial Crime Prevention, IT, Model Validation, Business Partners, Regulatory Relations, and senior executives
• high proficiency and fluency in verbal and written English required
• the ideal candidate will also have relevant first-hand experience either supporting designated individuals or representing large financial organizations in a regulatory review setting with various regulators articulating either model development or model validation activities and attributing appropriateness of model construct and key modelling decisions from first line or second line perspective, preferably with relevant regulatory remediation experience
• candidates with Credit Risk, Market Risk, or Operational Risk quant experience, ML/AI in either model development or model validation will also be considered for these roles
• AML-relevant certifications come as an advantage (CAMS, CFA, FRM, FCICP or similar)

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.