Valuation Models and Methodologies Controller – Equities recruitment

The main responsibilities across the Models Methodology team are as follows:

• Engineering of price testing methodologies for new products and on-going review of existing ones
• Review of methodology underlying reserves and provisions
• Assessment of model application , model calibration and review of associated valuation adjustments
• Model Governance policy and reporting
• Quality assurance – ensuring policies and methodologies are consistently applied across products and regions
• Ad-hoc technical assistance to the IPV and product control teams

The successful candidate’s objective is therefore to proactively and continuously challenge and advance valuation methodologies and processes, improve model governance and develop and implement new ways to capture and represent valuation uncertainty. In addition to its quantitative nature, the position offers the opportunity to contribute to global initiatives within UBS and to interact with colleagues across functions and locations. The role demands close collaboration with IPV and product control teams in Finance, with trading and front office quants and with the model validation and market risk groups

It is essential you have completed a M.Sc. in a quantitative discipline, such as finance, mathematics, physics, engineering or other related technical field.

You must possess strong interpersonal skills and be able to work well under pressure.
Knowledge of cash equities and equity derivative products would be an advantage.
VBA, functional C/C++ or Matlab would be an advantage.

UBS can offer you an environment geared towards performance, attractive career opportunities, and an open corporate culture that values and rewards the contribution of every individual.

We can offer you an exciting, fast-paced working environment, a culture of mutual respect and teamwork and the opportunity to play a vital role in our growth. If you are attracted to joining an organization where every individual's contribution counts and where your talent will impact on our future, please apply for this position.

UBS is an equal opportunity employer. We respect and seek to empower each individual and the diverse cultures, perspectives, skills and experiences within our workforce.