Risk Modeling and Analytics Specialist
Job Reference #
Are you an expert in analytics? Do you know how to work well within a team and deliver sophisticated solutions? We're looking for someone like that to:
• Support the development, maintenance and refinement of all our IRB/Pillar I risk models for the real estate, corporates, and retail portfolios, in line with the regulatory and accounting requirements
• Support the development of rating tools, probability of default, loss given default, as well as exposure at default models in line with Basel III+ regulatory requirements
• Support key stakeholder with portfolio as well as single client analysis and presentations
• Support and promote collaboration with parallel risk modeling teams involved in the stress/Pillar 2, CCAR and IFRS9 regulatory projects
• Contribute to the documentation, data, and systems improvement
Within Credit Risk Methodology, which is part of Risk Methodology, we are responsible for the development and maintenance of all firm-wide credit risk models. Those include among others the Bank's models for assessing default probabilities (PDs), loss given defaults(LGDs), Exposure at Default (EaD for traded products and banking products) and associated credit portfolio models in the context of new regulatory requirements such as Basel III+, CCAR or IFRS9. It is also the team responsibility to develop and maintain all valuation tools for real estate collateral as well as any other models supporting business and underwriting processes.
• Master's or PhD degree in a quantitative discipline (e.g. Statistics, Econometrics, Financial Engineering, Computer Science). 1-3 years of professional experience is a plus
• Knowledge of the Basel capital adequacy regulation, and / or of the international real estate market is a plus
• Sound knowledge of statistical and econometric methods (knowledge in application in credit risk is a plus)
• Strong analytical, conceptual, and organizational skills
• Very good coding skills preferably in SAS, SQL, Matlab or R
• collaboration and team-orientation, while being able to complete tasks independently with a high quality standard
• pro-active approach in taking new initiatives and carrying them through completion
• English (oral and written), German is a plus
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?
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.
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.