CCP Risk & Crisis Lead

UBS; Greater London; On-site; GBP 110,000 - 165,000; Full time

Job summary

UBS in London seeks a CCP Risk Manager to identify key risks arising from clearing venues and to distill complex risk drivers into actionable insights. You will help respond to CCP member defaults and contribute to decision making on auctions and porting portfolios.

The role involves building a scalable CCP crisis management framework and prototype simulation tools for scenario analysis, while reporting risk to senior management.

Qualifications

• 2 to 5 years' experience in CCPs or clearing firms in risk management.
• Broad derivatives knowledge; able to summarize risks for futures and options.
• Fluent in English.
• Bachelor, Master degree or equivalent.
• Strong data science orientation and coding ability.
• Interest in market design, game theory, regulation.
• Experience with risk models like stress tests and VaR.
• Curiosity about AI to improve workflows with policy alignment.

Responsibilities

• Develop a framework for identifying risks by clearing venue.
• Analyze CCP rulebooks and UBS requirements/alternatives in default events.
• Develop group-wide CCP crisis management framework.
• Develop scalable simulation tool prototype for scenario analysis.
• Evaluate risk/reward of UBS's CCP relationships.
• Provide transparent risk reporting to management.

Skills

CCP risk management

Derivatives knowledge

Risk models (VaR, stress testing)

Data interpretation / data science

Coding ability

English fluency

AI in workflows

Education

Bachelor/Master degree or equivalent

Job description

UBS in London seeks a CCP Risk Manager to identify key risks arising from clearing venues and to distill complex risk drivers into actionable insights. You will help respond to CCP member defaults and contribute to decision making on auctions and porting portfolios.

The role involves building a scalable CCP crisis management framework and prototype simulation tools for scenario analysis, while reporting risk to senior management.