Quant Analyst presso UBS Group AG

Do you have a proven record of driving lasting business impact by developing state-of-the-art quantitative models, applications and strategies? Are you an expert of the market, client needs and best practice application of trading, investment, and risk processes?

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:
• participate in the development of models for credit parameters such as probability of Default (PD) and loss given default (LGD) used in regulatory capital calculations and stress testing
• research, develop, prototype, and implement new modelling, calculation, and reporting approaches in a continuous improvement cycle; this includes choosing statistical approaches, calibrating model parameters, addressing validation feedback and approaching governance committees for approvals
• assess model performance by defining and performing quantitative / statistical tests and investigate mitigating actions as necessary
• liaise internally with risk managers, including explaining model outputs, performing portfolio analysis, and answer technical or background questions on the models and requirements
• produce high quality quantitative and statistical analyses to support discussions with regulators and senior stakeholders internally

Mumbai

Full Time

India

Risk

At UBS, we know that it's our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We’re dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. We also recognize that great work is never done alone. That’s why collaboration is at the heart of everything we do. Because together, we’re more than ourselves.

We’re committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.

UBS Business Solutions SA
UBS Recruiting

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.

You’ll be working in the Credit Corporate Risk Models Stream within Bespoke & Expert Based Corporate Credit Risk Models team in Mumbai, India. We are responsible for developing, maintaining, and documenting models used to estimate credit risk. These activities involve frequent interaction with several significant stakeholders such as front office, credit risk management, financial accounting as well as auditors and regulators.

• strong experience/knowledge in at least some of the following areas: IRB PD/LGD and/or Issuer Risk modelling, credit risk stress testing models for scenario losses, regulatory framework and rules (e.g., BASEL, CCAR etc.), statistical analysis, strong quant skills and aptitude
• experience of PD/LGD/Issuer Risk models would be an asset; experience in Basel II/III / stress-testing would be advantageous
• advanced degree in finance, mathematics, econometrics, engineering or another quantitative subject
• good programming skills (R, Python, Excel)
• ability to communicate logically and precisely, including writing technical model documentations
• quick learner, flexibility to adapt to change, and produce consistently high-quality analysis backed by data and sound judgment
• exposure to the latest in credit risk modelling and regulatory requirements across regulators and business / geographies

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.