United States - New Jersey

Risk

Group Functions

Job Reference #

303286BR

City

Weehawken

Job Type

Full Time

Your role

Are you an innovative thinker? Are you focused on the details, even when under pressure? Do you enjoy delivering enhanced change capabilities across a range of business functions?

We’re looking for a Associate Director, Quantitative Analyst to:

• Create, develop and maintain macro forecasting and stress testing models for credit risk of UBS.
• Use techniques from quantitative risk management, financial mathematics and econometrics to develop, assess, and change models.
• Understand credit portfolio specifics and use them to discuss requirements, modelling decisions and impacts with business, finance and risk stakeholders.
• Analyze credit and macroeconomic data and identify patterns.
• Assess and select different possible model specifications and calibrations.
• Implement model specification as prototypes.
• Engage with client advisors and risk officers across the globe to deliver risk measures and management solutions for their specific portfolios.
• Support key regulatory projects of the bank as required e.g. US CECL, CCAR/DFAST, IFRS9, Basel IV and other regulatory exercises.

Qualified Applicants apply through sh-profrecruitingcc@ubs.com. Please reference 001448. NO CALLS PLEASE. EOE/M/F/D/V. #LI-DNI

Your Career Comeback

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

Your team

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.

You’ll be working in the Risk Control team in Weehawken.

Your expertise

• This position requires a Bachelor's degree or foreign equivalent in Business Administration, Finance, Mathematics, Statistics, Econometrics or a related field of study and five (5) years of experience in the job offered or as a Risk Modeling and Analytics Specialist, Assistant Manager-Analytics, Modelling Analyst, or a related occupation.

• The employer will alternatively accept a Master's degree or foreign equivalent in Business Administration, Finance, Mathematics, Statistics, Econometrics or a related field of study plus two (2) years of experience in the job offered or as a Risk Modeling and Analytics Specialist, Assistant Manager-Analytics, Modelling Analyst, or a related occupation.

• Position requires experience with the following:
• Statistics
• Econometrics
• Macro and microeconomic relationships
• Financial markets and banking products
• CCAR/DFAST/PRA stress testing
• Sensitivity analysis and scenario forecasting
• Programming languages for statistical computing including R and Python


*LI-DNI

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.