Poland
Risk
Group Functions
Job Reference #
276534BR
City
Kraków
Job Type
Full Time
Your role
Are you interested in quantitative risk modelling and knowledgeable of statistical, mathematical and econometrical models used in the financial industry? Are you an innovative thinker who likes to challenge the status quo and apply new analytical techniques to solve quantitative problems?
At UBS, we re-imagine the way we work, the way we connect with each other – our colleagues, clients and partners – and the way we deliver value. Being agile will make us more responsive, more adaptable, and ultimately more innovative.
We’re looking for a Quantitative Analyst to:
At UBS, we re-imagine the way we work, the way we connect with each other – our colleagues, clients and partners – and the way we deliver value. Being agile will make us more responsive, more adaptable, and ultimately more innovative.
We’re looking for a Quantitative Analyst to:
- develop and maintain stress testing models in line with international regulatory and accounting requirements
- support with ongoing and new regulatory initiatives to manage our risk
- contribute to the development, refinement and implementation of risk models
- perform and document model performance and confirmation analysis
- communicate technical information to Senior Management, Risk Officers and Subject Matter Experts
Your team
In our agile operating model, crews are aligned to products and services fulfilling client needs. You will be working in Mortgage Lending Models Crew within Credit Risk Models Stream in Kraków or Wrocław, Poland which is part of the group-wide Risk Methodology department. Our team develops, refines, implements, and maintains mathematical, statistical and stress testing models to measure credit risk of UBS’s various credit portfolios for regulatory and business steering purposes. The sub-team in which you’ll be working focusses on developing and maintaining stress testing and climate risk models for mortgage portfolios. We interact with several departments across the bank including Credit Officers & Portfolio Underwriters, Front Office, Finance, IT, Independent Validation Unit and Audit on a regular basis. For the development of our methodologies, we use techniques from quantitative risk management, financial mathematics and econometrics. Models are both developed and implemented by the team using SAS, R and Python.
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.
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
- Master's or PhD degree in a quantitative discipline (e.g. Financial Engineering, Economics, Finance, Econometrics, Mathematics, Statistics)
- coding skills with statistical modelling software such as SAS, R or Python
- experience with very large data sets / big data is a plus including sound knowledge
- prior work experience in risk or finance environment is beneficial
- familiarity of credit risk modelling (e.g. PD, EAD/CCF, LGD, A-IRB, IFRS9, stress testing) is beneficial
- fluent in English, both verbal and written form
About us
UBS is the world’s largest and 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.
With more than 70,000 employees, we have a presence in all major financial centers in more than 50 countries. Do you want to be one of us?
With more than 70,000 employees, we have a presence in all major financial centers in more than 50 countries. Do you want to be one of us?
How we hire
This role requires an assessment on application. Learn more about how we hire: www.ubs.com/global/en/careers/experienced-professionals.html
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?
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.
