Algo Trading Model Validation Quantitative Analyst

Poland

Risk

Group Functions

Job Reference #

249161BR

City

Kraków

Job Type

Full Time

Your role

Are you someone who likes a challenge and is willing to explore an emerging area of Risk Control in Algorithmic trading models? Are you a team-player, blending quantitative analysis with risk analysis to ensure best in class Algo model risk management is achieved in an efficient and compliant manner? We are looking to hire someone who can:

• contribute to the model validation practices of our algorithmic and electronic trading models
• perform independent reviews/validations of algo/e-trading models
• provide an expert assessment of the testing frameworks for algo/e-trading models, ensuring that new and changed algos will not have a negative impact on the markets, our clients and UBS
• contribute to the monitoring of the performance of trading algorithms versus their intended aims

Your team

You will be part of our Model Risk Management & Control (MRMC) Risk Models function in Kraków on a permanent basis and work closely with algo/e-trading stakeholders including Quants, IT Developers and Traders as well as other control functions.

Our mandate includes model validation, control, and governance activities, model risk rating, model performance review, front-to-back model governance and controls. Our core objective is to ensure that the models are fit-for-purpose for our models’ users.

Your expertise

• a degree in Mathematics, Physics, Engineering, Computer Science, Statistics, Data Science, or Financial Engineering
• proven FX, Fixed Income or Equities product knowledge
• proficient in Python coding and other general purpose programming languages (preferably Java)
• an understanding of algo/e-trading models from a quantitative development, technology, trading or model validation perspective
• strong communication skills and the ability to explain highly technical topics clearly and intuitively
• experience with Azure ML is desirable
• experience in developing pricing models or risk models is a plus; knowledge of stochastic calculus will be welcome
• experience in a Front Office role is a plus

About us

UBS is the world’s largest and 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 the breadth of our expertise set us apart from our competitors.

With more than 70,000 employees, we have a presence in all major financial centers in more than 50 countries. Do you want to be one of us?

Join us

At UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.

From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we’re more than ourselves. Ready to be part of #teamUBS and make an impact?

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.