Credit Risk Senior Model Validation Quantitative Analyst

Responsibilities

• Supervise and conduct independent validations of credit risk models in accordance with regulatory and internal policy frameworks.
• Collaborate with model developers and engage stakeholders across the organization to ensure model integrity.
• Define validation scope based on model use case, complexity, and materiality.
• Lead the development and maintenance of validation standards while staying updated on regulatory and market developments.
• Evaluate model risk, including robustness analysis and the identification and assessment of model limitations.
• Promote consistency in validation practices and guide/mentor junior validators.
• Drive internal initiatives and manage projects from end-to-end, ensuring quality and meeting deadlines.

Requirements

• Post graduate degree in quantitative Finance, Mathematics, Statistics, or quantitative Economics.
• 8+ years of senior experience in model development and/or validation, preferably within banking or financial services.
• Strong foundation in statistical and econometric methods, specifically within the area of credit risk.
• Familiarity with financial regulations such as Basel and IFRS9.
• Proficiency with statistical modeling tools, with a preference for R or Python.
• Excellent problem-solving skills and the ability to communicate technical findings to diverse stakeholders.
• Proven project management skills and the ability to work independently to high standards.

About the Company

UBS is a leading global wealth manager and the leading universal bank in Switzerland. We provide diversified asset management solutions and focused investment banking capabilities. Headquartered in Zurich, UBS is present in more than 50 markets around the globe, driven by a culture of collaboration and innovation.