Quant Analyst, Corporate & Retail Credit Scenario Models

UBS; Kraków; On-site; PLN 180,000 - 300,000; Full time

Job summary

UBS in Kraków is seeking a Quantitative Analyst to develop and maintain stress testing and provisioning models, leveraging quantitative risk management, econometrics and financial mathematics.

You will work within the Corporate & Retail Credit Scenario Models team to support regulatory initiatives, refine models, document performance and communicate complex results to Senior Management and Risk Officers.

Qualifications

• Master's or PhD in a quantitative discipline such as Econometrics, Economics, Finance, Mathematics, Financial Engineering, or Statistics.
• Strong knowledge of statistical and econometric methods and their application.
• 2+ years of experience in credit risk modelling with focus on Stress and IFRS9 models.
• Experience in programming with Python; knowledge of R and SQL is a plus.

Responsibilities

• Develop and maintain stress testing and provisioning models in line with regulatory standards.
• Support regulatory initiatives to manage risk.
• Develop, refine and implement risk models.
• Perform and document model performance and validation analyses.
• Communicate technical information to senior management, risk officers, and SMEs.

Skills

Credit risk modelling

Statistical methods

Econometrics

Analytical thinking

Education

Master's or PhD in Econometrics, Economics, Finance, Mathematics, Financial Engineering, or Statistics

Tools

Python

R

SQL

Job description

Key Responsibilities

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

Job Type

Full Time

Job Reference #

328140BR

City

Kraków

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 and maintain stress testing and provisioning models:

• use techniques from quantitative risk management, financial mathematics, and econometrics to develop and maintain stress testing and provisioning models in line with international regulatory and accounting standards requirements
• support with ongoing and new regulatory initiatives to manage our risk
• contribute to the development, refinement and implementation of risk models
• perform and document model performance and confirmation analysis
• communicate technical information to Senior Management, Risk Officers and Subject Matter Experts

The team

The Corporate & Retail Credit Scenario Models team within the Credit Corporate and Retail Models Stream in Krakow, Poland, is part of the group-wide Quantitative Risk Methodology department.

The team develops, refines, implements, and maintains mathematical, statistical and stress testing models to measure credit risk of UBS’s various credit portfolios for regulatory and business steering purposes.

The particular sub-team focusses on developing and maintaining stress testing and provisioning models for the bank’s Specialized Lending & International Commercial Real Estate portfolios.

Your Skills And Experience

• Master's or PhD degree in a quantitative discipline (e.g. Econometrics, Economics, Finance, Mathematics, Financial Engineering, Statistics)
• sound knowledge of statistical and econometric methods and their application
• analytical and conceptual skills combined with good statistical understanding
• 2+ years of experience in credit risk modelling with focus on Stress and/or IFRS9 models
• experience in programming and the use of statistical software (focus on Python, other languages R, SQL are a plus)
• curious to explore how AI can improve how we build, deliver, and optimize workflows. You do this with sound judgment – validating outputs and aligning with policies, risk standards, and ethical use.
• open, collaborative and pro-active personality
• diligent and detail-oriented work style
• fluent in English, both verbal and written form

About Us

UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. We also provide diversified asset management solutions and focused investment banking capabilities. Headquartered in Zurich, Switzerland, UBS is present in more than 50 markets around the globe.

We know that great work is never done alone. That’s why we place collaboration at the heart of everything we do. Because together, we’re more than ourselves. Want to find out more? Visit ubs.com/careers.

Join us

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. And we use artificial intelligence (AI) to work smarter and more efficiently. 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.

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.

Report misconduct: If you are made aware of any of our employees or individuals acting on behalf of UBS engaging in acts of misconduct under the Poland Whistleblowing Act, you may report your concerns through [e-mail]