Audit Manager

4 weeks ago


London, United Kingdom UBS Full time

This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board.

Your role

Are you a sharp evaluator of risk? Can you investigate complex situations and propose solutions?

We're looking for someone like that who can:

• act as a subject matter expert in all matters related to model risk
• conduct reviews and audits of models in various business areas and provide practical, innovative and value-added solutions to issues identified
• analyse and assess risks and barriers to delivery, assumed by both the business and support functions
• identify and evaluate the effectiveness of controls designed to address those risks
• prepare reports of audit findings for UBS senior management, monitor the results, risk profile and developments across GIA network and provide input for planning sessions

Your team

You'll be working in the Group Internal Audit team covering model risk. We do this by assessing key processes as well as governance, risk management and the control environment within all business divisions and Corporate Center functions globally. We are independent in our work and report directly to the Chairman of the Board of Directors and the Audit Committee.

Your expertise

• an advanced degree in a quantitative field (Mathematics, Physics, etc.)
• experience (at least 5 years) in audit, model development, and/or model validation within the financial industry
• ability to listen to and negotiate with stakeholders on potential issues in order to achieve the best outcome for the firm
• team manager who can support and provide guidance to people
• exposure to different areas and model types is highly preferred
• strong analytical skills and willingness to keep up with industry, regulatory developments and learn new concepts and methods
• a detailed understanding of banking operations and regulations as well a quantitative approach to problem solving
• reliable when working independently, with sound judgment for when to escalate issues
• risk focused, and capable of using data analytics to gain insights into transactions, clients, and investment products
• a flexible and committed team player willing to travel to other UBS locations for audit assignments
• curious and willing to discover all aspects of the bank, with the ambition to advance your career in an international environment

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.

Join us

At UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.

From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we're more than ourselves. Ready to be part of #teamUBS and make an impact?

Disclaimer / Policy Statements

UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.

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