Your role
UBS Business Solutions US LLC is seeking an Associate Director, Finance Modelling and Methodologies Specialist in Weehawken, NJ.
Are you an innovative thinker? Are you focused on the details, even when under pressure? Do you enjoy delivering enhanced change capabilities across a range of business functions?
We're looking for an Associate Director, Finance Modelling and Methodologies Specialist to be:
* Responsible for the development of econometrics forecasting models for key Balance Sheet and Income Statement line items for capital and business planning purposes.
* Aid in the design, enhancement, and implementation of financial risk, valuation, and forecast model tools, and analytics.
* Participate in data processing and management, including data manipulation and data mining using various statistical methods including Outlier Detection, Variable Clustering, Variable Reduction, and Variable Selection.
* Prepare and manage extensive model documentation covering end to end model development, model use, and testing process.
* Recalibrate forecasting models periodically to ensure that models are in sync with the current macroeconomic situation and bank's business strategy.
* Present consolidated forecast for the investment bank to the senior management and defend numbers forecasted by these models.
* Responsible in managing complex conversations with key stakeholders to seek sign-offs on final selected models.
* Perform statistical tests to establish that models meet minimum requirements set by the model risk management committee.
Qualified Applicants apply through
[email protected]. Please reference 001552. NO CALLS PLEASE. EOE/M/F/D/V. #LI-DNI
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.
We're committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.
Your expertise
* Education & Experience Requirement
* This position requires a Master's degree or foreign equivalent in Economics, Mathematics, or a related field of study and one (1) year of experience in the job offered or as a Lead Capital Market Analyst, Senior Capital Market Analyst, Capital Market Analyst, Capital Market Intern, or a related occupation.
* Alternate Education & Experience Requirement
* The employer will alternatively accept a Bachelor's degree or foreign equivalent in a Economics, Mathematics, or a related field of study and five (5) years of experience in the job offered or as a Lead Capital Market Analyst, Senior Capital Market Analyst, Capital Market Analyst, Capital Market Intern, or a related occupation.
* This Position requires experience with the following:
* Understanding of statistical techniques including Ordinary Least Square regression (OLS), Autoregressive Models, Error Correction Models, and ARIMA Analysis
* SQL
* Creating presentation material on detailed technical topics
* Presenting consolidated financial forecast to senior business partners
* Data extraction from databases
* Financial modeling and financial services such as Comprehensive Capital Analysis and Review
* Detailed Excel spreadsheet analysis
* Understanding and explaining macroeconomic scenarios
* Coding in Python
* Statistical tools including R and SAS
* Experience may be gained through graduate-level coursework, research, or teaching experience
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.