YOUR ROLE:
Are you an innovative thinker who likes to challenge the status quo? Are you an engaged and motivated personality who likes to understand the big picture?
For our global model validation and governance team we’re looking for an Intern who can:
assess a model's conceptual soundness and methodology
check appropriateness of assumptions, parameters, model calibrations, qualitative or expert adjustments
review outcome, impact, or benchmark analyses and develop a benchmark model (as appropriate)
assess model risk, including model robustness analysis and identification of limitations
document the analysis, findings and conclusion in a validation report
interact with stakeholders (e.g. model developer/owner, model governance committees, and senior management)
YOUR TEAM:
You will be part of UBS Chief Model Risk Function (CMRO) function. Our global team is responsible for the independent validation of various models used within the firm, as well as reporting and governance over the bank’s model inventory. The model universe encompasses pricing, risk and compliance methodologies.
Our internship is an ideal way to gain the work experience you’ll need to launch your career. Your paid internship will last 3-6 months with the possibility of extension, based on a 30-40 hour week depending on your availability.
We are a department which values Diversity and Inclusion (D&I) and is committed to realizing the firm’s D&I ambition which is an integral part of our global cultural values.
YOUR EXPERTISE:
strong mathematics background (preferably Bachelor’s or Master’s degree in quantitative area)
knowledge of financial products and risk management concepts
data analytics and programming skills (i.e., Python, Excel knowledge)
good communication skills in English (oral and written): ability to communicate logically, precisely and propose solutions to complex business problems, based on proven analytical/quantitative skills
quick learner with flexibility to adapt to changes and consistently produce high-quality analysis backed by data
You don’t have to show us previous experience but if you have one, it’s 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.
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. 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.
