Product Manager, Risk Management & Overarching Models

Requisition Number

296171BR

Your role

Do you have a proven record of driving lasting business impact by developing state-of-the-art quantitative risk models and applications in counterparty risk management? Are you an innovative thinker who likes to challenge the status quo?

At UBS, we re-imagine the way we work, the way we connect with each other – our colleagues, clients and partners – and the way we deliver value. Being agile will make us more responsive, more adaptable, and ultimately more innovative.

We’re looking for a Quantitative Analyst to:

• develop, optimize and maintain various components of systematic and idiosyncratic stress testing models and prototype codes used within IB counterparty risk management

• prepare high quality model performance monitoring reports, technical model documentation, statistical analyses and portfolio overviews for senior management, regulators and risk committees

• liaise internally with various stakeholders such as risk managers, model validation, audit and IT

Function Category

Risk

Business Divisions

Group Functions

Job Type

Full Time

Your team

You’ll be working in the Risk Management & Overarching Models team within the Quantitative Risk Modelling department in Poland.

We develop and maintain the credit exposure measurement capabilities of the Investment Banking division within the UBS Group. The quantitative methods we use are closely related to sophisticated derivative pricing models.

You will have the opportunity to coordinate and become the main global contact for the improvement of methodologies, processes and parameterization of our credit exposure measures for the banking and trading book (covering credit facilities, derivatives and securities financing transactions). As a client of the Front Office exposure calculation engines, you will also be responsible for ensuring the Risk Control requirements for capturing risk are delivered correctly. Last but not least, as owners of the Risk Exposure models, we also need to ensure the calculations meet the required regulatory standards.

Your expertise

• a university degree (MSc or PhD) in mathematics, statistics, physics, computer science, engineering, quantitative finance or econometrics

• prior working experience (ideally, 3+ years) in the financial services industry, including a sound knowledge of derivatives pricing models (preferably across a range of asset classes)

• strong analytical skills combined with solid mathematical knowledge and the ability to apply techniques from numerical analysis, statistics and financial mathematics to solve practical problems

• hands-on experience and strong coding skills in Python and SQL (preferably also in R)

• experience in data engineering (affinity for automation is a plus)

• excellent communication skills with colleagues at all levels in the organization, ability writing technical model documentations and reports clearly and concisely

• pro-active in taking new initiatives, carrying them through completions and know how to handle challenging situations

• team-orientated, while able to complete tasks independently

• skilled in giving and receiving constructive feedbacks, able to explain technical topics clearly and intuitively to a non-technical audience

• fluent in English, both in oral and written form

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.

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.