Credit Risk Modeler

1 week ago

London, Greater London, United Kingdom UBS Full time £40,000 - £120,000 per year

Job Reference #
322350BR

Job Type
Full Time

Your role
Does quantitative modelling excite you? Are you experienced in credit risk?

We're looking for someone like you to:

  • use techniques from quantitative risk management, financial mathematics, and econometrics to develop and maintain rating and LGD models used for Basel III Pillar 1 capital requirement and IFRS9 impairment losses
  • be responsible for model maintenance and execution, ensuring alignment with stakeholders' requirements and internal policies
  • collaborate with Risk Officers, Business Managers, Risk IT and other stakeholders to support the proper implementation and execution of risk models as well as regulatory exercises
  • present methodologies to management and regulators for approval
  • contribute to the documentation of models, data, and system improvement

Your team
You will be working within our Financial Institutions & Wholesale Credit Risk Models team in London, which is part of UBS Quantitative Risk Modelling. As a Credit Risk Modeler, you will be delivering models applied to the wholesale credit portfolio (Large Corporate, Banks, Funds, etc.) across all UBS business divisions.

Your expertise

  • a degree in a quantitative discipline (e.g., Mathematics, Statistics, Engineering, Econometrics, Financial, Physics)
  • sound knowledge of statistical and econometric methods and their application
  • excellent coding skills in R and Python
  • prior work experience in rating and LGD model development or validation
  • strong problem-solving skills and attention to detail.
  • self-motivated individual with the ability to work independently, having fluent, clear, and crisp communication and effective teamwork skills

About Us
UBS is the world's largest and the 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.

We have a presence in all major financial centers in more than 50 countries.

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. 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.

  • Credit Risk Modelling Manager

    1 week ago

    London, Greater London, United Kingdom Campion Pickworth Full time £100,000 - £120,000 per year

    Our client, an established bank, is looking to recruit a Credit Risk Modelling Manager within their London office, with hybrid working. The role will involve managing existing statistical models, developing new models, understanding new and existing data sources and ensuring model compliance against regulatory standards.Role Responsibilities:Playing a key...

  • Credit Risk Analytics and Modelling

    1 week ago

    London, Greater London, United Kingdom Campion Pickworth Full time £80,000 - £120,000 per year

    Our client, a leading global consultancy, is looking to recruit a Credit Risk Analytics and Modelling Senior Manager to help clients improve and develop their credit measurement capabilities focusing on IFRS9, IRB and stress testing approaches across the full range of credit asset classes. The Senior Manager will benefit from a flexible working policy. Role...

  • Credit Risk Analytics and Modelling

    1 week ago

    London, Greater London, United Kingdom Campion Pickworth Full time £100,000 - £120,000 per year

    Our client, a leading global consultancy, is looking to recruit a Credit Risk Analytics and Modelling Assistant Manager to help clients improve and develop their credit measurement capabilities focusing on IFRS9, IRB and stress testing approaches across the full range of credit asset classes. The Assistant Manager will benefit from a flexible working...

  • Credit Risk Modelling Analyst

    2 weeks ago

    London, Greater London, United Kingdom Aimee Willow Connex Full time £50,000 - £70,000 per year

    Credit Risk Modelling Analyst Credit Control ~ AnalystLondonCredit Risk Modelling AnalystLondon Office- Hybrid workingThe RoleYoull analyse data and contribute to the development of our credit models for the enhanced underwriting segment. Youll work with analysts, data scientists, and senior stakeholders to shape our lending strategy.Learn:Build expertise in...

  • Model Risk Quant

    1 week ago

    London, Greater London, United Kingdom JPMorganChase Full time £100,000 - £120,000 per year

    DescriptionModel Risk Governance and Review (MRGR) is a global team of modelling experts within the firm's Risk Management and Compliance organization. The team is responsible for conducting independent model reviews and governance activities to identify, measure, and mitigate model risk across the firm. Within MRGR, the MRGR Credit Portfolio Group (CPG)...

  • Model Risk Quant

    1 week ago

    London, Greater London, United Kingdom JPMorganChase Full time £60,000 - £120,000 per year

    Job DescriptionModel Risk Governance and Review (MRGR) is a global team of modelling experts within the firm's Risk Management and Compliance organization. The team is responsible for conducting independent model reviews and governance activities to identify, measure, and mitigate model risk across the firm. Within MRGR, the MRGR Credit Portfolio Group (CPG)...

  • Credit Risk Manager

    1 week ago

    London, Greater London, United Kingdom Campion Pickworth Full time £60,000 - £120,000 per year

    Our client, a well-established Corporate bank, is looking to recruit a Credit Risk Manager for IFRS 9 in their London office, with hybrid working. You will be reporting to the Head of Credit Risk, and lead the production of IFRS 9 expected losses, including analysis and explanation of key drivers. This will give you the opportunity to develop your career at...

  • Credit Risk

    2 weeks ago

    London, Greater London, United Kingdom Capgemini Full time €70,000 - €120,000 per year

    GET THE FUTURE YOU WANTChoosing Capgemini means choosing a company where you will be empowered to shape your career in the way you'd like, where you'll be supported and inspired by a collaborative community of colleagues around the world, and where you'll be able to reimagine what's possible. Join us and help the world's leading organizations unlock the...

  • Director, Predictive Modeling and Machine Learning

    8 hours ago

    London, Greater London, United Kingdom Credit Acceptance Full time $208,800 - $278,300

    Credit Acceptance is proud to be an award-winning company with local and national workplace recognition in multiple categories Our world-class culture is shaped by dedicated Team Members who share a drive to succeed as professionals and together as a company. A great product, amazing people and our stable financial history have made us one of the largest...

  • IFRS 9 Credit Modelling Analyst

    2 weeks ago

    London, Greater London, United Kingdom Hampshire Trust Bank Full time £60,000 - £90,000 per year

    IFRS 9 Credit Modelling AnalystLocation:Head Office, LondonHours:Monday to Friday, 9:00am–5:30pmWorking Pattern:Hybrid (50/50)Reports to:Credit Risk Modelling ManagerDepartment:Risk & Compliance – Model Development Team About the RoleWe're looking for a technically skilled and analytically drivenIFRS 9 Credit Modelling Analystto join our Model...