Quant Internship

Job title:

Quant Internship

Company:

UBS

Job description

Business DivisionsGroup FunctionsYour roleDo you like working in an international, agile, fast changing environment? Are you familiar with risk matters and experienced in quantitative modelling? Do you enjoy working in a highly motivated team that develops and delivers stress testing solutions across the bank? 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 Quant Analyst to:

• create, develop, and maintain stress testing models for UBS Group and its local legal entities, and in particular, risk models related to treasury risks such as funding cost, leverage ratio and balance sheet exposure volumes
• use techniques from quantitative risk management, financial mathematics, or econometrics to build stress testing models which are sensitive to systematic and idiosyncratic risk factors,
• implement and test models in R or other programming languages and produce clear documentation
• bring new quantitative modelling ideas to our team to push ahead key projects within UBS
• interact and discuss with key stakeholders (business representatives, senior quants, internal and external control functions, IT and model governance bodies) with the option to participate in industry initiatives

Function CategoryRiskJoin usAt 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 alwaysContact DetailsUBS Business Solutions SA
UBS RecruitingYour teamYou will be working in the ST – Funding and Balance Sheet Risk team within the Firmwide Stress Testing Models in Krakow, which is part of the group-wide Quantitative Risk Methodology department.
Our role is to develop, maintain, and apply UBS’ stress testing framework to assess the impact of global macro-economic scenarios on the firm’s profitability and capital adequacy. The framework captures all risk types across UBS’ businesses world-wide. We develop and maintain a suite of scenario-aligned stress risk models and support diverse additional stress-related regulatory activities.Your expertiseYou have:

• a Master’s degree in a quantitative discipline (e.g. Statistics, Finance, Econometrics/Biometrics/Psychometrics, Mathematic, Physics, Engineering), a PhD is considered a plus
• 1 to 5 years of previous experience in a quantitative role
• a good understanding of financial markets and the banking business; knowledge of financial and regulatory accounting is considered a plus
• strong analytical and organizational skills with the ability to work under tight deadlines
• very good communication skills and the ability to explain technical topics clearly and intuitively, both written and orally

You are:

• experienced with statistical analysis and enthusiastic about creating your own models
• an expert user of R programming language or other related languages (e.g. Matlab, Python)
• a great communicator and you know how to handle challenging situations
• team-oriented, while able to complete tasks independently to high quality standards
• fluent in English

About usUBS 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.How we hireWe may request you to complete one or more assessments during the application process.

Expected salary

Location

Kraków, małopolskie

Job date

Fri, 04 Jul 2025 00:05:22 GMT

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