Quantitative Analyst – Risk Modelling & Analytics

Job description

Your role

Working in Quantitative Risk Control (QRC) you would join a multinational team of more than 50 quantitative analysts and risk control specialists to provide independent review of models as well as oversight over model governance across the bank. As a part of QRC team in Krakow you would become an integral part of the global team with the mandate to work closely with colleagues from other locations on the multitude of projects around model risk management and control. As an analyst working in the area of model validation, you would primarily be responsible for providing independent assessment of model appropriateness and associated model risk.

The role is located in the UBS office in Zabierzow (Krakow Business Park).

Responsibilities:
• Reviewing the model's conceptual soundness and mathematics
• Checking appropriateness of modelling assumptions, parameters, calibrations
• Developing benchmark models according to best industry or academic practices
• Assessing model risk associated with uncertainty around modelling or specific modelling shortcomings
• Ongoing documentation of the findings
• Liaising with the model owners and other stakeholders to mitigate any model risk identified during the assessment

Requirements:
• Master’s or PhD degree in a quantitative field like Mathematics, Physics, Statistics or Econometrics
• Excellent written and spoken English
• Excellent knowledge of MS Office
• Sound programming skills in one of the following: VBA, R, MatLab, SAS, C++ / C#, Java or similar
• Ability to apply numerical analysis, statistics and financial mathematics techniques to solve practical problems
• Excellent written and interpersonal communication skills, in particular the ability to explain technical topics to a non-technical audience

Additional assets:
• Understanding of financial markets and products. Prior experience in a similar field together with knowledge of regulatory practice would be beneficial
• Prior experience in working as part of a global team in a multinational company

What we offer

UBS offers talented individuals around the world a challenging, diverse and supportive working environment in which passion, commitment and hard work are valued and rewarded.

Why UBS? Watch the video

Take the next step

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 now.

Contact Details

UBS
Recruitment Team

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