Quantitative Analyst, Lombard Lending Models

Job Type
Full Time

Your role
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:

• develop and maintain Lombard Lending models for both banking and trading book in line with regulatory requirements and models used for internal monitoring used by the Credit Officers
• engage with internal and external stakeholders at all levels in the organization, including audit and regulators
• develop prototype codes that will be used in productive systems
• interact with Risk and Finance expert functions as well as business representatives across the globe to deliver efficient and regulatory compliant solutions
• collaborate with other quantitative analysts to share insights and develop global analysis frameworks and work closely with cross-functional team members to improve (digital) products and journeys iteratively and continuously
• ensure adherence to applicable regulations and internal policies via effective supervision and oversight with reference to the Principles of Good Supervision when supervising other members of staff
• understand, represent, and advocate for client needs

Your team
You’ll be working in the Lombard Lending Models Stream within Quantitative Risk Modelling Team in Zürich. We develop and maintain the credit exposure measurement capabilities of the GWM and IB divisions. The quantitative methods we use are based on econometrics and mathematical finance techniques and involve Monte Carlo-based simulations.

Diversity helps us grow, together. That’s why we are committed to fostering and advancing diversity, equity, and inclusion. It strengthens our business and brings value to our clients.

Your expertise

• experience in the quantitative modelling space or the ability to quickly learn and adapt to the demand of this function
• track record of delivering new risk models including stakeholder interactions
• a sound understanding of asset pricing and/or SFT, OTC and ETD transactions across all major asset classes
• strong analytical skills and the ability to apply techniques from numerical analysis, statistics and financial mathematics to solve practical problems
• experience within the finance sector, ideally utilizing stochastic calculus is a plus
• previous exposure to derivative pricing models (preferably across a range of asset classes) is a plus
• good IT skills in Python or R. C/C#/C++ is a plus
• MS or PhD degree or equivalent in mathematics, statistics, physics, computer science or engineering

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?

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.

Your Career Comeback
We are open to applications from career returners. Find out more about our program on ubs.com/careercomeback.