Overview
Join to apply for the Credit Risk Modeler role at UBS.
Job Reference #322350BR • Job Type: Full Time
Responsibilities
* Use techniques from quantitative risk management, financial mathematics, and econometrics to develop and maintain rating and LGD models used for Basel III Pillar 1 capital requirement and IFRS9 impairment losses
* Be responsible for model maintenance and execution, ensuring alignment with stakeholders’ requirements and internal policies
* Collaborate with Risk Officers, Business Managers, Risk IT and other stakeholders to support the proper implementation and execution of risk models as well as regulatory exercises
* Present methodologies to management and regulators for approval
* Contribute to the documentation of models, data, and system improvement
Your team
You will be working within our Financial Institutions & Wholesale Credit Risk Models team in London, which is part of UBS Quantitative Risk Modelling. As a Credit Risk Modeler, you will be delivering models applied to the wholesale credit portfolio (Large Corporate, Banks, Funds, etc.) across all UBS business divisions.
Your expertise
* A degree in a quantitative discipline (e.g., Mathematics, Statistics, Engineering, Econometrics, Financial, Physics)
* Sound knowledge of statistical and econometric methods and their application
* Excellent coding skills in R and Python
* Prior work experience in rating and LGD model development or validation
* Strong problem-solving skills and attention to detail
* Self-motivated with the ability to work independently, with fluent and clear communication and effective teamwork skills
About Us
UBS is the world’s largest and the 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 breadth of expertise set us apart from our competitors. We have a presence in all major financial centers in more than 50 countries.
Join us
At UBS, we know that it’s our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We’re dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. We also recognize that great work is never done alone. That’s why collaboration is at the heart of everything we do. Because together, we’re more than ourselves.
We’re committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.
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.
Details
* Seniority level: Not Applicable
* Employment type: Full-time
* Job function: Legal, Finance, and Accounting/Auditing
* Industries: Banking, Financial Services, and Investment Banking
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