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UBS
UBS
location iconLocations: Kraków
level iconLevel: specialist
time iconWorking hours: Full time

Economic and Credit Risk Modelling Specialist

Poland

Risk

Group Functions

Job Reference #

257258BR

City

Kraków

Job Type

Full Time

Your role

Are you interested in quantitative risk modelling and knowledgeable of statistical, mathematical and econometrical models used in the financial industry? Are you an innovative thinker who likes to challenge the status quo and apply new analytical techniques to solve quantitative problems?

We’re looking for an economic and credit risk modelling specialist to:
• Develop and maintain macro-economic forecasting models in line with international regulatory and accounting requirements
• Perform and document model performance and confirmation analysis
• Support ongoing regulatory initiatives to manage our risk e.g. Regulatory Stress Testing, IFRS9, Basel IV
• Communicate technical information to Senior Management, Risk Officers, Subject Matter Experts and Regulators

Your team

You will be working in Credit Risk Methodology in Kraków, Poland which is part of the group-wide Risk Methodology department. We develop, refine, implement and maintain mathematical, statistical and stress testing models to measure credit risk of the UBS Private & Corporate, Wealth Management International and Investment Bank portfolios for regulatory and business steering purposes. The sub-team in which you’ll be working focusses on developing and maintaining stress testing, IFRS9 and climate risk models for UBS’s Personal & Corporate and Wealth Management divisions consisting primarily of mortgage and corporate portfolios, in addition to more bespoke portfolios. We interact with several departments across the bank including Credit Officers & Portfolio Underwriters, Front Office, Finance, IT, Independent Validation Unit and Audit on a regular basis. For the development of our methodologies, we use techniques from quantitative risk management, financial mathematics and econometrics. Models are both developed and implemented by the team using SAS, R and Python.
Diversity helps us grow, together. That’s why we are committed to fostering and advancing diversity, equity, and inclusion. It strengthens our business and brings value to our clients.

Your expertise

• Master's or PhD degree in a quantitative discipline (e.g. Financial Engineering, Economics, Finance, Econometrics, Mathematics, Statistics)
• Coding skills with statistical modelling software such as SAS (preferred), R or Python
• Experience with very large data sets / big data is a plus including sound knowledge
• Prior work experience in risk or finance environment is beneficial
• Familiarity of credit risk modelling (e.g. PD, EAD/CCF, LGD, A-IRB, IFRS9), in particular stress testing and/or climate risk modelling is a plus
• Fluent in English, both verbal and written form

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?

How we hire

This role requires an assessment on application. Learn more about how we hire: www.ubs.com/global/en/careers/experienced-professionals.html

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.

Please submit your application in English

You are kindly requested to include the following clause in your application: "Wyrażam zgodę na przetwarzanie moich danych osobowych zawartych w ofercie pracy dla potrzeb procesu rekrutacji zgodnie z ustawą z dnia 27.08.1997r. Dz. U. z 2002 r., Nr 101, poz. 923 ze zm."

Details

  • iconAnalytics & Reporting, Banking
  • iconEnglish
  • iconKraków, małopolskie

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