UBS Financial Services Senior Quantitative Risk Specialist (Risk Methodology) in Kraków, Poland

Your role:

Does complex modeling excite you? Are you an innovative thinker? We’re looking for someone like that who can:

– bring innovation to the Risk Methodology Group in the development, refinement and implementation of risk models

– develop statistical and stress testing models for credit risks using R, C++, Matlab, and Java

– research and document best practices when working on a new model, including understanding regulatory requirements and establishing a data model

– collaborate with risk officers, business managers, Risk IT, Change Operations and other stakeholders supporting the proper implementation and execution of risk models

– support regulatory exercises

What we offer:

Together. That’s how we do things. We offer people around the world a supportive, challenging and diverse working environment. We value your passion and commitment, and reward your performance.

Keen to achieve the work-life agility that you desire? We're open to discussing how this could work for you (and us).

Take the next step:

Are you truly collaborative? Succeeding at UBS means respecting, understanding and trusting colleagues and clients. Challenging others and being challenged in return. Being passionate about what you do. Driving yourself forward, always wanting to do things the right way. Does that sound like you? Then you have the right stuff to join us. 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.

Your team:

You’ll be working in the Risk Methodology team in Krakow. We are responsible for the development and maintenance of all firm-wide credit risk models, such as portfolio models, models for assessing default probabilities (PDs), loss given defaults (LGDs), Exposure at Default (EaD).

Special projects include the development of a credit portfolio model for the regulatory capital calculations in the context of the Fundamental Review of the Trading Book.

Your expertise:

– Master's or PhD in quantitative discipline

– 5 years' experience in risk modeling with leadership experience as additional asset

  • solid understanding and experience in statistical methods in risk modeling (multi-factor portfolio models, Monte Carlo simulation techniques, regression models)

  • solid coding skills in R and C++. Knowledge of Java is a plus

  • excellent problem-solving skills and strong attention to detail

  • ability to motivate and organize yourself and complete tasks independently to high quality standards and in time– fluent in English

– a strong communication skills, from making presentations to writing technical documents in a clear and structured way

– ability to explain technical concepts in simple terms to facilitate collaboration


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?

Your colleagues:

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.

Job Reference #: 185739BR

Business Divisions: Corporate Center

Title: Senior Quantitative Risk Specialist (Risk Methodology)

City: Kraków

Job Type: Full Time

Country / State: Poland

Function Category: Quantitative Analysis, Risk