Quantitative Analyst, Lombard Pillar 1

Job Reference #
312175BR

Job Type
Full Time

Your role
Do you have a proven record of driving lasting business impact by developing state-of-the-art quantitative models, applications and strategies? Are you an expert of the market, client needs and best practice application of trading, investment, and risk processes?

At UBS, we re-imagine the way we work, the way we connect with each other – our colleagues, clients and partners – and the way we deliver value. Being agile will make us more responsive, more adaptable, and ultimately more innovative.

We're looking for a Quantitative Analyst to:

• develop and maintain Lombard Lending models for both banking and trading book in line with regulatory requirements and models used for internal monitoring used by the Credit Officers
• engage with internal and external stakeholders at all levels in the organization, including audit and regulators
• develop prototype codes that will be used in productive systems
• interact with Risk and Finance expert functions as well as business representatives across the globe to deliver efficient and regulatory compliant solutions
• collaborate with other quantitative analysts to share insights and develop global analysis frameworks and work closely with cross-functional team members to improve (digital) products and journeys iteratively and continuously
• ensure adherence to applicable regulations and internal policies via effective supervision and oversight with reference to the Principles of Good Supervision when supervising other members of staff
• understand, represent, and advocate for client needs

Your team
You'll be working in the Lombard Lending Models Stream within Quantitative Risk Modelling Team in Poland (Kraków or Wrocław). We develop and maintain the credit exposure measurement capabilities of the GWM and IB divisions. The quantitative methods we use are based on econometrics and mathematical finance techniques and involve Monte Carlo-based simulations.

Your expertise

• experience in the quantitative modelling space or the ability to quickly learn and adapt to the demand of this function
• a sound understanding of asset pricing and/or SFT, OTC and ETD transactions across all major asset classes
• strong analytical skills and the ability to apply techniques from numerical analysis, statistics and financial mathematics to solve practical problems
• experience within the finance sector, ideally utilizing stochastic calculus is a plus
• previous exposure to derivative pricing models (preferably across a range of asset classes) is a plus
• good IT skills in Python or R. C/C#/C++ is a plus
• capable of documenting model development in a clear way
• self-driven, organized and detail-oriented with a solid understanding of banking industry
• MS or PhD degree or equivalent in mathematics, statistics, physics, computer science or engineering

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

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.

Report misconduct: If you are made aware of any of our employees or individuals acting on behalf of UBS engaging in acts of misconduct under the Poland Whistleblowing Act, you may report your concerns through Poland-

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