Market Risk Officer Market Risk Officer …

in New York, NY, United States
Permanent, Full time
Last application, 25 Jun 19
in New York, NY, United States
Permanent, Full time
Last application, 25 Jun 19
Job Reference # 192212BR

Your role

Are you skilled at conducting risk assessment and implementing control frameworks? Are you an expert in market risk management? 
We’re looking for a Market Risk Manager to:
-demonstrate a thorough understanding of the dynamics of financial markets with a focus on Interest Rates and FX. You will apply your insight into these local markets together with your detailed knowledge of the underlying financial market products for the identification, analysis and control of the market risk exposures. 
-understand and control the market risks taken by the LATAM and US rates trading desks, including the IR Options US trading desk.
-support the market risk control framework for the global FX businesses during New York trading hours and facilitate transaction approvals.
-create transparency for stakeholders through the preparation and provision of meaningful and timely risk information and relevant advice 
-undertake portfolio studies of the market risk within a business, perform risk assessments and approve transactions within the delegated market risk authority and in accordance with internal policies and regulations. 
-work closely with the business while, as the 2nd line of defense, act independently from the business to identify and escalate issues and concerns. 
-enhance the risk control framework and participation in corresponding projects in order to accommodate product innovation and regulatory developments.
-review the appropriateness of limits frameworks and related controls
-maintain a climate of openness, transparency and accountability in the team.

Your team

You’ll be joining the rates Market Risk team in New York, located on the trading floor. The team’s major responsibility is to identify, monitor and control the trading and non-trading portfolios market risks. to achieve an appropriate balance between the risk and return while minimizing potential risk concentrations to ensure that the risk-taking is in line with the UBS strategic priorities and values. In terms of the risk identification, the key responsibility is to ensure that the market risks are adequately identified, controlled and made transparent.

Your expertise

You have:
-excellent product knowledge and understanding of market risk and the Market Risk Control agenda.
-a Bachelor's or Master's degree in finance, economics, engineering or another quantitative discipline
-excellent communication skills with the ability to explain technical topics clearly and intuitively
-good understanding of the rates and fx markets and the key market risk measures and methodologies.
-strong technical and analytical skills with the ability to apply quantitative techniques to solve practical problems. Understand the quantitative implications of pricing, valuation and risk modeling on risk measurement and quantification.
-good presentation skills and willingness to build relationships across businesses and divisions.

You are:
-Self-motivated with the ability to drive an agenda independently.

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.