Quantitative Analyst- Market Risk Methodology recruitment

You will be responsible for developing and improving the Value-at-Risk modeling framework and the measurement platform that quantifies the market risk of the banks trading positions. As an integral part of the Market Risk Methodology team, your challenge is to pro-actively and continuously
- advance the methodologies, processes and parameterization for measuring Value-at-Risk,
- improve the risk representation of the VaR model,
- develop and implement new models to capture/represent the market risk on new products.
 

You will work closely with risk officers, other business units, the reporting team as well as IT teams. You will be required to keep up-to-date on a wide spectrum of statistical models and methods, thus assessing the potential benefits of their application within the risk control context. You will be personally accountable for the challenge to ensure UBS is at the leading edge in the development of market risk models.
 

Our Offering
In addition to its quantitative nature, the position offers the opportunity to contribute to global initiatives within UBS, interact with colleagues across functions and locations, and gain a good understanding of financial products and trading activities. You will contribute to the success of a small and dynamic team of specialized professionals with a strong global presence. We will offer you an environment geared towards individual and team performance, attractive career opportunities, and an open collaborative culture that values and rewards the contribution of every individual.

Basic Qualifications:

• Masters Degree (or equivalent) in a quantitative discipline
• Strong knowledge of quantitative risk models and analytical skills
• Good understanding of financial products
• Strong prototyping skills / experience in using statistical software packages such as R, Matlab, etc. Knowledge of programming languages like Java, C++ is a plus.
• Experience in quantitative finance, risk management or risk control is an advantage.
• Excellent command of MS office. Familiarity with LaTex document creation is a plus.
• Strong communication skills, in particular the ability to explain technical topics to a varied audience, including management and regulators
• Fluent command in English (oral and written)