Senior Audit Manager - UBS Europe SE Model Risk Audit (f/m/d)

UBS; Frankfurt; Vor Ort; EUR 80.000 - 120.000; Vollzeit

Zusammenfassung

A global financial services provider in Frankfurt is seeking an experienced professional in model risk auditing. The role involves leading audit teams, managing risks, and ensuring compliance with European regulations. Candidates should have over 8 years of experience in auditing or validating financial models, along with strong analytical skills and effective communication abilities.

Qualifikationen

• 8+ years of experience in auditing or validating financial models.
• Strong knowledge of European regulatory requirements.
• Fluent in English, German is a plus.

Aufgaben

• Conduct audits of model risk and stress testing processes.
• Lead and supervise audit teams.
• Analyze risks and evaluate controls.

Kenntnisse

Risk management

Audit experience

Analytical skills

Communication

Data analytics

Leadership

Ausbildung

Master in Mathematics, Physics, Engineering

Jobbeschreibung

Overview

Job Reference #

328835BR

City

Frankfurt am Main

Job Type

Full Time

Your role

Are you a sharp evaluator of risk? Can you investigate complex solutions? Do you have specific experience of model risk management, model development, model validation or model risk audit?

• drive, lead or work as a team member on reviews and audits of (i) model risk in various business areas and (ii) stress testing processes and controls, including thematic and front-to-back
• lead and represent the model risk and stress testing audit coverage within UBS Europe SE
• lead a team including supervising activities and supporting individual team member development
• analyze and assess risks arising from both the business and support functions
• identify and evaluate the effectiveness of controls designed to address those risks
• document and communicate audit issues, root causes and risks, and prepare reports of audit findings for UBS Group and UBS Europe SE senior management
• develop recommendations for items that solution owners should consider when finalizing their action plans
• review remediation actions submitted by the business for closure to assess whether these have addressed the original risks
• support and act as Risk SMEs the quarterly continuous risk assessment
• successfully collaborate with peers in and across global audit teams
• develop and maintain relationships with senior management, in particular within UBS Europe SE

Your team

You will be working in the Internal Audit department of UBS Europe SE in Frankfurt. Our role, as an independent function, is to support UBS in achieving its strategic, operational, financial and compliance objectives. We do this by assessing key processes as well as governance, risk management, and the control environment within all business divisions and Group Functions (GF) functions globally. We report directly to the Management Board of UBS Europe SE and are functionally aligned to Group Internal Audit (GIA), reporting directly to the Chairman of the Board and the Audit Committee

We are a talent powerhouse that attracts and develops the best people by driving career growth in and outside the department. Our team is responsible for auditing controls related to model risk in UBS Europe SE, stress testing models and other model types across the entire firm depending on our expertise. In your role, you will be involved in UBS Europe SE and global model risk related audits.

Your expertise

• 8 years+ experience in developing, validating or auditing quantitative finance, risk and treasury models within the financial industry. This experience could have been gained at a consulting firm or in an internal audit function.
• a Master in a quantitative field (Mathematics, Physics, Engineering, etc.)
• Strong knowledge of European regulatory requirements and expectations
• Experience leading and supervising a team, including coaching team members
• strong analytical skills and quantitative approach to problem solving
• you are able to quickly understand complex processes and challenge the status quo, identify risks and inadequacies in procedures.
• willingness to keep up with industry, regulatory developments and learn new concepts and methods
• ability to effectively communicate with senior stakeholders.
• risk focused, and capable of using data analytics to gain insights into model risk exposures
• reliable when working on your own, with sound judgment for when to escalate issues
• fluent in English with excellent verbal and written skills. Additionally, fluency in German would be an asset.

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.

Join us

At UBS, we know that it’s our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We’re dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. And we use artificial intelligence (AI) to work smarter and more efficiently. We also recognize that great work is never done alone. That’s why collaboration is at the heart of everything we do. Because together, we’re more than ourselves.

We’re committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.

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.