Model Operations Officer in Frankfurt am Main bei UBS

Model Operations Officer (f/m/d) in Frankfurt am Main bei UBS

UBS

Germany, Poland

Compliance

Group Functions

Job Reference #

279409BR

City

Frankfurt am Main, Kraków

Job Type

Full Time, Part Time

Your role

Are you passionate about owning, developing, maintaining and improving our firm’s Anti Money Laundering models?
Are you an analytical and structured individual who is ready to support a team of model owners and actively develop model governance of our global portfolio of transaction monitoring models?
Then don’t miss out on this unique opportunity to learn more about our Model Operations team and our key mandate, apply! Be part of a newly formed function with a growing mandate.

We're looking for multiple seasoned colleagues who:

have direct hands on experience with Anti Money Laundering models such as Actimize or Mantas
proficient in one or more scripting languages (SQL, R, Python. MatLab, SAS.)
ensure UBS model development documentation standards are strictly followed with regard to model data inputs, model design and execution, and model use and ongoing performance monitoring
well-versed in SR 11-7, SR 15-18, SR 15-19
will be the main contacts for senior management and stakeholders including model validation, business, and regulatory and Audit partners concerning inquiries related to transaction monitoring models supported by the individual contributors being recruited for these roles
actively contribute to the Book of Work planning & Model Validation activity lifecycle by delivering model specific tasks on time, in budget, and in scope
experience in understanding the red flag guidance provided by the regulatory bodies and come up with different risk modeling option and further optimize transaction monitoring models
experience in interpreting financial / payment data across different line of businesses such as correspondent banking, investment banking, traditional banking services etc

Your team

You'll be joining a growing Model Operations team as part of GCRG Methodologies and Models, the model and innovation hub for UBS non-financial risk management. You'll play a driving role in ensuring our models comply with our global model risk governance framework and will shape the continuous improvement of the models and the overall function.

Your expertise

an advanced University degree (Master or Ph.D.) in STEM (computer science, natural science, math, physics, economics, data science, electrical or mechanical engineering, financial engineering, operations research, or related domain.)
ideally 5+ years of quantitative model development or model validation experience in financial services, risk & compliance domain with strong domain knowledge in Financial Crime Prevention, Market Surveillance, or employee monitoring and experience in how these risks can effectively be monitored using models, including parameter testing techniques such as Below The Line testing
strong analytical mindset with the ability to identify risks and opportunities including the ability to analyze data to bridge business purpose, and vice versa
relevant, hands on experience and understanding of model risk management / model governance requirements and processes (e.g. following SR 11-7/15-18/15-19). Role requires thorough understanding of model regulatory framework and ability to support and guide model owners and steer the portfolio of UBS transaction monitoring models efficiently and effectively
self-starter, able to manage and prioritize multiple priorities, including the ability to independently define/design, document, and defend conceptual soundness, outcomes analysis, identify boundary conditions, weaknesses and limitations, and production of high quality of model documentation
excellent project management, communication & presentation skills with strong focus in soft/interpersonal skills. This includes end to end project ownership, manages critical path of delivery timelines, mitigates blockers and escalates as needed, avoids delivery surprises by managing timelines, expectations, and managing escalations early and proactively while avoiding surprises for all project stakeholders such as Financial Crime Prevention, IT, Model Validation, Business Partners, Regulatory Relations, and senior executives
high proficiency and fluency in verbal and written English required
the ideal candidate will also have relevant first-hand experience either supporting designated individuals or representing large financial organizations in a regulatory review setting with various regulators articulating either model development or model v