Credit Risk Pillar 2 Validation Quant

Description

Typy zatrudnienia: - FULL_TIME

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.

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.

The team

• You'll be working in the Corporate Credit Risk Pillar 2 Model Validation team within MRMC Poland. We are a team of 10 people, located in Zurich, Mumbai, and Krakow. The team is responsible for the independent validation of the Corporate Credit Risk models used for various regulatory and internal purpose e.g., Pillar-2, IFRS-9, internal credit risk controls etc.

Contact Details

• UBS Business Solutions SA

• UBS Recruiting

Your skills and experience

• at least MSc degree in quantitative Finance, Mathematics, Statistics, or quantitative Economics;

• 5+ years of working experiences in model validation or model development, preferably in a bank or a consulting firm

• knowledge of financial markets, products and stress testing regulation, strong interest in the financial services industry, preferably in risk management.

• knowledge and experiences in statistical and economic modeling techniques, ie. Linear regression, logistic regression, Probit Regression, time series, error correction model etc.

• experience in low default portfolio modelling/ validation would be preferred.

• strong coding skills in R, Python, or similar

• excellent analytical skills and curiosity for innovation as well as some experience with AI skills and their deployment

• fluent in English, oral and written

• a team player with strong interpersonal skills

• motivated, well organized and able to complete tasks independently to high quality standards

• 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.

Key responsibilities

• Do you enjoy challenging complex corporate credit risk models and making sure they perform in both business‑as‑usual and stressed conditions? Are you looking to grow your quantitative career in a global model risk team while working from Krakow?

• We’re looking for a Model Validation Quant to:

• validate Pillar 2 corporate credit risk models (PD, LGD, EAD)

• design and perform quantitative tests, back‑testing and benchmarking analyses for corporate credit models

• assess model methodology, assumptions, data quality and limitation

• prepare high‑quality validation reports and present key findings to stakeholders across the bank

• conduct ad-hoc analyses for senior management and regulators

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 Poland-Whistleblowing@ubs.com