Risk Management IT Development Lead

Risk Management IT Development Lead Description UBS is a leading global financial services firm. Our Investment Bank is one of the world's top global investment banking and securities firms, providing a full spectrum of products to institutional and corporate clients, intermediaries, government and hedge funds worldwide. By combining your talent and our strengths, we can achieve great results. Background We are creating a new team of highly technical and financially knowledgeable developers to build a new analytics platform for risk management. This will include development of new frameworks for market factor simulation, trade pricing, and risk quantification. As this is a firm-wide risk management system it will need to address derivatives and securities across fixed-income, equities, commodities, credit and FX including short and long-term instruments and taking into account securitization, collateralization, and hedging. Risk measures will be used to quantify current and potential credit and market risks, risk capital, and risk sensitivities. Technologies are expected to include compute and data grids, distributed services, databases, messaging, C++, Java, and Linux and provide links into reporting and end-user systems. This critical system will be developed as part of a global team and include participants from Credit Risk, Market Risk, Finance, Trading, Data and other IT teams. Our clients include risk management and front-office users. Systems and models must be well documented, auditable, and built in accordance with external regulatory and internal control frameworks and standards such as Basel II and SOX.Scope of Role The analytics development team structure will consist of a set of technical teams reporting to a technical lead and a quantitative lead. The job described here is for the technical lead. By providing expertise in object, component, services, and distributed computing systems a person in this role will provide leadership and insure that a high performance, high quality system is delivered that can be supported and scaled to meet future needs. Working with other teams responsible for various aspects of the overall system this person must have excellent communication, management, negotiation, and consensus building skills. This person will need to build strong relationships with peer managers in IT as well as with quantitative modelling teams, and front-office sponsors. Though not necessarily an expert in financial mathematics, this person must be able to communicate well with those who are experts in these areas and understand highly technical requirements in order to translate them into an efficient computing system. Besides technical knowledge key attributes of this person should include experience in planning and managing full lifecycle develop processes, working with large development teams, and recruiting and retaining high quality employees. We can offer you an exciting, fast-paced working environment, a culture of mutual respect and teamwork and the opportunity to play a vital role in our growth. If you are attracted to joining an organization where every individual's contribution counts and where your talent will impact on our future, please apply for this position. It starts with you. UBS is an equal opportunity employer. We respect and seek to empower each individual and the diverse cultures, perspectives, skills and experiences within our workforce. Contact Details UBS Investment Banking 37583BR           http://www.ubs.com/