Your role:
Are you adept at risk matters and familiar with quantitative modelling? Are you an innovative thinker who likes to challenge the status quo? Do you enjoy working in a highly specialized team that develops and delivers stress testing solutions? Then we are looking for you to:
– create, develop and maintain stress testing methodologies for firm-wide risks of UBS
– use techniques from quantitative risk management, financial mathematics and econometrics to develop, assess, and change models
– implement models in R and produce clear documentation
– bring new quantitative modeling ideas to our team to push ahead key projects within UBS
– interact and discuss with key stakeholders (senior model owner, business representatives, model validation teams and model governance bodies)
– act as subject matter expert to guide junior team members
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.
Contact Details:
UBS HR Recruiting Switzerland
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 Stress Methodology team in Zurich, Switzerland. Our role is to develop, maintain, and apply UBS’ stress testing framework for assessing the impact of global macro-economic scenarios on the firm’s profitability and capital adequacy. The framework captures all risk types across all businesses world-wide. We develop and maintain a suite of scenario-aligned stress risk models, including scenario expansion models, and support diverse additional stress-related activities.
Your expertise:
You have:
– a Master's or PhD degree in a quantitative discipline (e.g., Econometrics, Statistics, Financial Engineering, Computational Science, Quantitative Finance)
– a good understanding of different banking business activities with knowledge of corresponding products, services, and corresponding risks
– an understanding in (macro-)economic mechanisms and their influence on financial markets and specific risk factors
– 3 to 5 years' experience in risk modelling with proven knowledge of statistical and econometric methods and their applications
– familiarity with regulatory guidance related to Pillar 2 models and ICAAP processes, as well as accounting standards is a plus
– strong analytical, conceptual and organizational skills with the ability to work to tight deadlines
– very good communication skills and the ability to explain technical topics clearly and intuitively, both written and orally
You are:
– experienced in creating your own models and proficient in programming with statistical software (e.g. R, Matlab, …)
– team-orientated, while able to complete tasks independently to high quality standards
– fluent in English
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:
Job Reference #: 178091BR
Business Divisions: Corporate Center
Title: Senior Quantitative Risk Specialist
City: Zürich
Job Type: Full Time
Country / State: Switzerland - Zürich
Function Category: Risk