Senior Model Validation Quantitative Analyst

UBS; Kraków; On-site; PLN 260,000 - 380,000; Full time

Job summary

UBS Kraków is seeking a highly skilled quantitative modeller to review exotic derivatives, approve bespoke transactions, and influence risk decisions in a global investment bank. You will join the Model Validation team, applying C++ and Python, Monte Carlo and PDE techniques, and leveraging AI to improve performance and accuracy.

This role requires clear communication, mentoring, and collaboration with Front Office, Market Risk, and senior stakeholders.

Qualifications

• MSc or PhD in a quantitative discipline.
• Proficiency using C++ and/or Python, with experience implementing derivative models.
• Experience with Monte Carlo and PDE techniques.
• Excellent written and interpersonal communication skills.
• Curious about applying AI to improve workflows with sound judgment.

Responsibilities

• Independently review exotic equities and commodities derivative models.
• Approve bespoke exotic derivative transactions.
• Provide expertise on model suitability, calibration, speed and accuracy.
• Represent the team at internal meetings and mentor junior team members.
• Develop testing and benchmark models in Python.
• Strategically utilise AI tools.
• Act as a trusted advisor to Front Office, Market Risk, and senior stakeholders on model risk topics.

Skills

Quantitative experience

C++

Python

Monte Carlo methods

PDE methods

Communication skills

AI exploration

Education

MSc or PhD in quantitative discipline

Job description

Your role

Does complex modelling excite you? Are you an innovative thinker? Do you enjoy working in challenging environments and influencing strategic decisions across a global investment bank? We're looking for someone who will:

• Independently review exotic equities and commodities derivative models
• Approve bespoke exotic derivative transactions
• Provide expertise on model suitability, calibration, speed and accuracy
• Represent the team at internal meetings and provide guidance and mentoring to junior team members
• Develop testing and benchmark models in PythonStrategically utilise AI tools
• Act as a trusted advisor to Front Office, Market Risk, and senior stakeholders on model risk topics.

Your role

Does complex modelling excite you? Are you an innovative thinker? Do you enjoy working in challenging environments and influencing strategic decisions across a global investment bank? We're looking for someone who will:

• Independently review exotic equities and commodities derivative models
• Approve bespoke exotic derivative transactions
• Provide expertise on model suitability, calibration, speed and accuracy
• Represent the team at internal meetings and provide guidance and mentoring to junior team members
• Develop testing and benchmark models in Python
• Strategically utilise AI tools
• Act as a trusted advisor to Front Office, Market Risk, and senior stakeholders on model risk topics.

Job Type

Full Time

Job Reference #

341614BR

City

Kraków

Your team

You’ll be working in the global Model Validation team focusing on equities and commodities derivatives. As part of Group Risk Control, the main objective of the team is the validation of the models used for valuation and management of the firm’s trading positions from a market risk perspective.

Your expertise

• working experience in a similar quantitative role
• MSc or PhD in a quantitative discipline
• proficiency using C++ and/or Python, and ideally some experience in implementing derivative models using Monte Carlo and/or partial differential equation techniques
• excellent written and interpersonal communication skills
• you’re 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.

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.

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]