Are you an expert on risk? Can you judge the market risk of a portfolio or position? We're looking for someone like that to :
understand and control the market risks managed by the XVA Trading Desk and the Legacy Business
review daily trading and market activity and resulting risk profile and revenues
keep management and other control functions informed of any key risks
work with colleagues globally on projects and initiatives such as developing risk frameworks
understand the quantitative implications of pricing, valuation and risk modelling
keep in touch with Trading, Finance and other functions
You’ll be working in the XVA & Legacy Market Risk team in London. We cover the XVA trading desk, which manages the counterparty and other portfolio risks for UBS.
We focus on CVA and FVA but the suite of XVAs and other portfolio measures such as SIMM is evolving requiring us to keep close to current regulatory and industry developments.
Additionally, we cover the Legacy business, a team working on unwinding and managing the risks of complex transactions. We monitor the portfolio risk of these desks to ensure that risk exposures are appropriately diversified, that the risk profile is in line with our appetite, and that non-
standard risks are adequately identified, controlled and made transparent.
Your experience and skills
You have :
a university degree in Mathematics, Engineering, Finance, Economics or a similar discipline.
a good understanding of the financial market and key market risk measures
knowledge of market and credit risk exposure techniques, including VaR and Stress
ability to understand complicated transactions and models
strong analytical skills and the ability to apply quantitative techniques to solve practical problems
You are :
a great communicator (and you know how to handle challenging situations)
a team player, while self-motivated to complete tasks independently
good at handling a diverse workload of long-term projects and short-terms asks
curious and willing to learn new things
Expert advice. Wealth management. Investment banking. Asset management. Retail banking in Switzerland. And all the support functions.
That's what we do. And we do it for private and institutional clients as well as corporations around the world.
We are about 60,000 employees in all major financial centers, in more than 50 countries. Do you want to be one of us?
What we offer
Together. That’s how we do things. We offer people around the world a supportive, challenging and diverse working environment.
We value your passion and commitment, and reward your performance.
Keen to achieve the work-life agility that you desire? We're open to discussing how this could work for you (and us).