Job Description
India
Risk
Group Functions
Job Reference #
251113BR
City
Mumbai
Job Type
Full Time
Your role
Are you adept at risk matters? Are you interested in working in a team of quants and econometricians? Do you know how to work well within a team to develop and deliver solutions? Then we are looking for you to:
• create, develop and maintain methodologies for internal and regulatory stress scenario expansion for UBS
• use techniques from quantitative risk management, statistics, financial econometrics and macroeconometrics to develop, assess, and change models
• implement models in R and produce clear and detailed documentation for regulators across the globe
• bring new quantitative modelling ideas to our team to push ahead key projects within the bank
Your team
You’ll be working in the Scenario Models team in Mumbai with members in the US, UK, Switzerland, Poland, and India. Our role is to develop and maintain financial and macroeconometric forecast models that are used in stress scenarios, to assess the impact of macro-economic and market scenarios on the firm’s profitability and capital adequacy. Our deliveries are key to regulators across the globe, used for accounting standards, and internal capital assessments and business planning. The framework captures all risk types across all businesses world-wide.
Your expertise
• a Master's or PhD degree in applied quantitative discipline (e.g. Quantitative Economics, Econometrics, Statistics, Financial Engineering, Computational Science, Quantitative Finance)
• experience in building models from scratch (e.g., time series analysis, linear/non-linear models, Gaussian/non-Gaussian models, parametric/non-parametric models)
• sound knowledge of statistical and econometric methods and their application
• proficient in programming with statistical software (e.g. Python, R, Matlab, …) - VBA or spreadsheet macros don't count
• strong analytical, conceptual and organizational skills with the ability to work to tight deadlines
• general understanding and interest in (macro-) economic mechanisms and their influence on financial markets
• a clear understanding of the following terms: stationarity, co-integration, regression, goodness of fit, out-of-sample, null hypothesis, p-value, risk-neutral, autoregressive, quantiles, density function
• great in communicating (and you know how to handle challenging situations)
• a team-player, but able to complete tasks autonomously
• fluent in English, additional languages are welcome
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?
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.
Risk
Group Functions
Job Reference #
251113BR
City
Mumbai
Job Type
Full Time
Your role
Are you adept at risk matters? Are you interested in working in a team of quants and econometricians? Do you know how to work well within a team to develop and deliver solutions? Then we are looking for you to:
• create, develop and maintain methodologies for internal and regulatory stress scenario expansion for UBS
• use techniques from quantitative risk management, statistics, financial econometrics and macroeconometrics to develop, assess, and change models
• implement models in R and produce clear and detailed documentation for regulators across the globe
• bring new quantitative modelling ideas to our team to push ahead key projects within the bank
Your team
You’ll be working in the Scenario Models team in Mumbai with members in the US, UK, Switzerland, Poland, and India. Our role is to develop and maintain financial and macroeconometric forecast models that are used in stress scenarios, to assess the impact of macro-economic and market scenarios on the firm’s profitability and capital adequacy. Our deliveries are key to regulators across the globe, used for accounting standards, and internal capital assessments and business planning. The framework captures all risk types across all businesses world-wide.
Your expertise
• a Master's or PhD degree in applied quantitative discipline (e.g. Quantitative Economics, Econometrics, Statistics, Financial Engineering, Computational Science, Quantitative Finance)
• experience in building models from scratch (e.g., time series analysis, linear/non-linear models, Gaussian/non-Gaussian models, parametric/non-parametric models)
• sound knowledge of statistical and econometric methods and their application
• proficient in programming with statistical software (e.g. Python, R, Matlab, …) - VBA or spreadsheet macros don't count
• strong analytical, conceptual and organizational skills with the ability to work to tight deadlines
• general understanding and interest in (macro-) economic mechanisms and their influence on financial markets
• a clear understanding of the following terms: stationarity, co-integration, regression, goodness of fit, out-of-sample, null hypothesis, p-value, risk-neutral, autoregressive, quantiles, density function
• great in communicating (and you know how to handle challenging situations)
• a team-player, but able to complete tasks autonomously
• fluent in English, additional languages are welcome
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?
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.
💡 Quick Summary
Seeking a career-building opportunity? The Quantitative Risk Analyst | Econometrician position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.