Internal Auditor - Counterparty Credit Risk Internal Auditor - Counterparty Credit Risk …

in Singapore
Permanent, Full time
Be the first to apply
in Singapore
Permanent, Full time
Be the first to apply
Job Reference #239710BR
Your team
You will be working in the Group Internal Audit team. GIA's role, as an independent function, is to support UBS in achieving its strategic, operational, financial and compliance objectives. We do this by assessing key processes as well as governance, risk management and the control environment within all business divisions and Group Functions globally. We are independent in our work and report directly to the Chairman of the Board of Directors and the Audit Committee.

We are a talent powerhouse that attracts and develops the best people by driving career growth in and outside the department. Our team is responsible for auditing the credit related risks across the group. You will be directly involved in UBS firm-wide credit risk related audits and periodically assist our colleagues in other GIA teams. In that role, you will gain insight into a wide variety of risk processes across the bank and will be able to influence their effectiveness.

Diversity helps us grow, together. That's why we are committed to fostering and advancing diversity, equity, and inclusion. It strengthens our business and brings value to our clients.

Your expertise
• ideally 5 years in credit risk focusing on counterparty credit risk and FI and NBFI sectors. This experience could have been gained at a major financial institution, consulting firm or in an internal audit function.
• a detailed understanding of banking operations and regulations (e.g. A-IRB, Basel II and III, IMM & Repo VAR, Concentration risk management) as well a quantitative approach to problem solving
• a good understanding of (i) over the counter, exchange traded, securities financing transactions and collateralized lending, (ii) PD&LGD and IMM&REPO VAR models and (iii) Concentration risks including correlation and contagion risks.
• strong audit experience, preferably in an internal audit function of a comparable financial institutions
• good data analytical skills and willingness to keep up with industry, regulatory developments and learn new concepts and methods
• a university degree
• excellent command of written and spoken English; additional languages, especially German, are a plus
• reliable when working independently, with sound judgment to determine when to escalate issues
• risk focused, and capable of using data analytics to gain insights into transactions and clients
• a flexible and committed team player
• curious and willing to discover all aspects of the bank, with the ambition to advance your career in an international environment

About us
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?

Join us
We're a truly global, collaborative and friendly group of people. Having a diverse, inclusive and respectful workplace is important to us. And we support your career development, internal mobility and work-life balance. If this sounds interesting, apply now.

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.
Company Overview

UBS works with individuals, families, institutions, and corporations around the world to help answer some of life's questions – whether through award winning wealth management advisory, investment banking and asset management expertise, or private and corporate banking services in Switzerland.
We're a team of more than 66,000 colleagues, collaborating across all major financial centers in 50 countries. We strive for excellence in everything we do, and this has awarded us recognition across our businesses. We offer a collaborative, international and diverse working environment that rewards passion, commitment and success – and are regularly recognized as an attractive employer.

Together for the goals
#TOGETHERBAND raises awareness about the 17 United Nations Sustainable Development Goals for 2030 through 17 uniquely colored bracelets. Each pack contains two individually packaged bands: one to wear and one to share so you can spread the word about what goal matters most to you and give someone else the opportunity to do the same. The production and money raised from the sales of these bands will help fight injustices such as poverty and gender inequality as well as climate change and unfair labor.

Right now, #TOGETHERBAND is helping to support emergency COVID-19 relief. For the month of April, our partners at #TOGETHERBAND have created TOGETHER FUND to help fight the pandemic and provide aid to those who need it most.

UBS logo
More Jobs Like This
See more jobs