Risk Analyst – Equity Derivatives Middle Office recruitment

This is an opportunity for a talented individual to join the Equity DMO function in London.
Arisk is the Market Risk aggregation platform used by UBS Investment Bank. Its main functions include:
- Creation of files (known as coasters) used to calculate Risk metrics such as VaR and Stress.
- Creation of Trader Sign-Off (TSO) reports that are agreed and signed off by traders in the front office.
- Production of reports at various levels of the business (Sub-DeskDeskFunction…) for senior managers in the Business and in Risk Control.
The Arisk DMO Analyst will be responsible for all daily Equities Arisk DMO processes. This mainly involves identifying and resolving Data Quality (DQ) issues in the front office risk system that impacts data in Arisk. The role involves managing relationships with Trading, Market Risk Control and extensive interaction with other functional areas such as Product Control, IT (Front Office and Risk) and downstream Operations teams.
The Equity DMO offers a challenging work environment and requires someone who is responsive and possesses exceptional communication skills and attention to detail. The successful candidate will demonstrate the highest professional behaviour, drive and commitment. They should have the ability to quickly develop business and technical expertise and establish relationships with key stakeholders.

The Arisk DMO team supports the entire Equities business and therefore this involves a diverse product range, including vanilla and exotic derivatives (OTC/Securitised), cash securities, and swaps. The individual will be expected to be very adept at picking up new processes and procedures, achieved through on the job training, time spent in other areas and also educational courses with regard to improving their technical knowledge. Knowledge of Market Risk processes and methodologies is also important.

Day to day responsibilities will include:

• Responsibility for all Arisk DMO daily processes;
- Monitoring and resolving Trader Comments left on the Arisk TSO reports.
- Identifying DQ issues within Arisk
- Investigation of other issues raised by traders and Market risk officers
- Reducing errors in the front office risk engine (GR) which impacts data in Arisk
• Continuously improving all Arisk DMO processes
• Work with other teams to generally improve Arisk
• Solving complex problems and acting as an interface to the Business, I.T., Ops and Risk control to ensure all client needs are met in an efficient manner.
• Working with Teams to resolve issues that impact Arisk, e.g. Stale curves, mis-marks, mis-bookings
• Management and escalation of issues.

Candidates must be solution focused, results orientated and a strong communicator. Successful candidates will have the ability to synthesise complex information quickly and accurately to varying audiences. The ability to establish strong relationships across key internal clients will be essential. The individual will be expected to lead the team and manage the overall team activities.
In addition to the core activities of a true Middle Office function, the role will have a strong emphasis on continuous improvement and driving efficiency gains through involvement in tactical and strategic projects. Such projects will require working with Trading, Technology, Market Risk and other Operations partners.

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.