Model Developer - Financial Institutions & Wholesale Credit Risk Model

Your role

Does quantitative modelling excite you? Are you experienced in credit risk?

We're looking for someone like you to:

• use techniques from quantitative risk management, financial mathematics, and econometrics to develop and maintain rating and LGD models used for Basel III Pillar 1 capital requirement and IFRS9 impairment losses
• be responsible for model maintenance and execution, ensuring alignment with stakeholders’ requirements and internal policies
• collaborate with Risk Officers, Business Managers, Risk IT and other stakeholders to support the proper implementation and execution of risk models as well as regulatory exercises
• present methodologies to management and regulators for approval
• contribute to the documentation of models, data, and system improvement
  
  

Job Type

Full Time

Job Reference #

328846BR

City

Mumbai

Your team

You will be working within our Financial Institutions & Wholesale Credit Risk Models team in London, which is part of UBS Quantitative Risk Modelling. As a Credit Risk Modeler, you will be delivering models applied to the wholesale credit portfolio (Large Corporate, Banks, Funds, etc.) across all UBS business divisions.

Your expertise

• a degree in a quantitative discipline (e.g., Mathematics, Statistics, Engineering, Econometrics, Financial, Physics)
• sound knowledge of statistical and econometric methods and their application
• excellent coding skills in R and Python
• prior work experience in rating and LGD model development or validation
• strong problem-solving skills and attention to detail.
• self-motivated individual with the ability to work independently, having fluent, clear, and crisp communication and effective teamwork skills
  
  

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.