United States - North Carolina

Quantitative Analysis

Group Functions

Job Reference #

301204BR

City

Raleigh

Job Type

Full Time

Your role

Would you like to work in dynamic environment where your opinion and expertise is heard? Do you have an analytical mind? We are looking for someone like that to:
• review and challenge models used in credit risk management
• assess the conceptual soundness and appropriateness of different models and perform related outcome, impact and benchmark analyses
• run analyses on implementations to assess their correctness and stability
• carry out and document independent model validation in line with regulatory requirements and internal standards
• interact and discuss with model users, developers, senior owners and governance bodies
• support regulatory exercises such as CECL, IFRS9, CCAR/DFAST

Your team

You will be working for Model Risk Management and Control (MRMC), a global function within the bank.
Our role is to understand and assess the risks associated with the use of models at UBS. Within the immediate team, we validate US credit risk models covering UBS's Retail, Corporate, and Trading portfolios and models for RWA forecasting.

Your expertise

• Master or PhD degree in a quantitative discipline (e.g. Statistics, Mathematics, Physics, Engineering)
• a strong theoretical grounding in advanced probability, statistics, time series analysis and related concepts
• demonstrate high standards when it comes to report writing in a structured and transparent way
• strong communication skills and the ability to explain technical topics clearly and intuitively
• experience utilizing programming languages such as R, Python, LaTeX, Markdown
• proficiency with MS Office (Word, Excel, PowerPoint)
• familiarity with Basel Regulations, CECL, IFRS9, CCAR is a plus
• familiarity with SR letters and model risk management is a plus
• a team player with strong interpersonal skills
• motivated, well organized, and able to complete tasks independently to high quality standards
• skilled at constructive criticism (you have the human touch)
• motivated, well organized, and able to complete tasks independently to high quality standards and delivering to tight timelines
• fluency in English (written and oral)

About us

UBS is the world’s largest and the 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..

We have a presence in all major financial centers in more than 50 countries.

How we hire

We may request you to complete one or more assessments during the application process. Learn more

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?

Contact Details

UBS Business Solutions SA
UBS Recruiting

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.