Associate Director, Quant Analyst, Product Owner

Your role

UBS Business Solutions US LLC is seeking an Associate Director, Quant Analyst, Product Owner in Weehawken, NJ.

Are you an innovative thinker? Are you focused on the details, even when under pressure? Do you enjoy delivering enhanced change capabilities across a range of business functions?

We're looking for an Associate Director, Quant Analyst, Product Owner to:

Develop and implement quantitative methodologies for probability of default (PD) and loss-given-default (LGD) modeling for the Securities Based Lending portfolio. Build and test credit risk models using Python or R, process large volumes of financial data to estimate scenario consistent loses and risk weighted assets.
Collaborate with stakeholders to explain risk models and support decision-making with ad-hoc analyses.
Adapt the input and outputs of risk model code to fit the strategic UBS cloud system. Update the inner workings of implementations to ensure a robust and error-free environment.
Collaborate with other model developers and communicate with key stakeholders, including IT, project management, and internal validation teams to accomplish goals within a highly matrixed organization.
Can work hybrid (In-office/remote).

Qualified Applicants apply through Please reference 001756. NO CALLS PLEASE. EOE/M/F/D/V. #LI-DNI

Salary & Work Schedule: $140,000 to $153,000 Per Year, 40 hrs/wk. The expected salary range(s) for this role as of the date of this posting is/are based on factors including, but not limited to, experience, qualifications, education, location and skill level. This role may also be eligible for discretionary incentive compensation. For benefits information, please visit ubs.com/usbenefits.

This notice is being posted in connection with an application for permanent Alien Labor Certification. Any person may comment or provide documentary evidence bearing on this application to: U.S. Department of Labor, Employment and Training Administration, Office of Foreign Labor Certification, 200 Constitution Avenue NW, Room N-5311, Washington,

Your team

Diversity helps us grow, together. That's why we are committed to fostering and advancing diversity, equity, and inclusion. It strengthens our business and brings value to our clients.

You'll be working in the Quant Analyst, Product Owner team in Weehawken, NJ.

Your expertise

Education & Experience Requirement
This position requires a Master's degree or foreign equivalent in Engineering (any), Finance, Econometrics, Statistics or related field of study plus four (4) years of experience in the job offered or as a Quantitative Analyst, Finance Analyst, Senior Quantitative Analyst, Junior Advisor, or related occupation.

Position requires experience with the following:
Margin lending products; stochastic calculus; computational simulations
Developing, implementing, and maintaining credit risk models; R or Python; equity-linked structured products
Mutual funds and hedge funds; quantitative risk management; financial mathematics
Implementing prototype models; scenario consistent losses and risk weighted assets forecasting

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 ubs.com/careers.

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.