What are the responsibilities and job description for the Associate Director, Quantitative Risk Specialist position at UBS?
United States - New Jersey
Risk
Group Functions
Job Reference #
257693BR
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?
UBS Business Solutions US LLC is seeking an Associate Director, Quantitative Risk Specialist in Weehawken, New Jersey
We’re looking for an Associate Director, Quantitative Risk Specialist to:
Qualified Applicants apply through SH-ProfRecruitingcc@ubs.com. Please reference 001232. NO CALLS PLEASE. EOE/M/F/D/V
UBS Business Solutions US LLC is seeking an Associate Director, Quantitative Risk Specialist in Weehawken, New Jersey
We’re looking for an Associate Director, Quantitative Risk Specialist to:
- Create, develop and maintain macro-forecasting and stress testing models for credit risk portfolios within UBS
- Use techniques from quantitative risk management, financial mathematics and econometrics to develop, assess and change models
- Understand credit portfolio specifics
- 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 using R
- 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
Qualified Applicants apply through SH-ProfRecruitingcc@ubs.com. Please reference 001232. NO CALLS PLEASE. EOE/M/F/D/V
Your team
You'll be working in the Risk team located in Weehawken, NJ.
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
- Master’s degree or foreign equivalent in Quantitative Finance, Financial Mathematics, Financial Engineering, Statistics, Econometrics or related field and two (2) years of experience in the job offered or as a Credit Risk Associate or related role
Position requires experience with the following:
- High-level programming language
- Knowledge of statistical modeling software
- Interpreting/challenging the outcomes of models
- Quantitative skills (regressions, probabilities and econometrics)
- Credit risk
- LI-DNI
About us
UBS is the world’s largest and 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.
With more than 70,000 employees, we have a presence in all major financial centers in more than 50 countries. Do you want to be one of us?
With more than 70,000 employees, we have a presence in all major financial centers in more than 50 countries. Do you want to be one of us?
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?
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.
Quantitative Risk Director
DTCC Candidate Experience Site -
Jersey, NJ
Model Validation Director- Market Risk/Liquidity Risk/Quantitative Research
The Caldwell Group -
Jersey, NJ
Quantitative Risk Analyst
The Windsor Consulting -
Jersey, NJ
