Quantitative Modeling Manager Job at UBS
United States - New Jersey, United States - New York
Finance
Group Functions
Job Reference #
263519BR
City
New York, Weehawken
Job Type
Full Time
Your role
- Your role
We're looking for Quantitative Modeling Manager to:
- Manage the entire lifecycle of model development including project scoping, data collection and cleaning, model building, testing, and implementation, and performance tracking.
- Obtain data from source systems and conduct data sanity/integrity check for model development.
- Help with the development and maintenance of internal quantitative software libraries.
- Perform quantitative and statistical analysis on large and complex datasets to extract key insights.
- Coordinate with key stakeholders to understand key business metrics and their drivers to gain the knowledge needed to successfully model behavior.
- Help with developing quantitative models to forecast balance, yield and other business metrics to facilitate planning as well as for CCAR stress testing.
- Help with recalibrating models periodically to incorporate latest data, redeveloping models as performance or aging triggers are tripped
- Help with the preparation of detailed model documents, governance documents and presentations for various parties.
Your team
You’ll be working as part of in the GWMA Banking Quantitative Analysis and Data Science team within Business Partnering (WMA Division) supporting the UBS Bank USA (BUSA) legal entity, which is part of Global Wealth Management Americas (GWMA).
Your expertise
- 3-5 years of experience in quantitative modeling roles in the Financial Services industry (PPNR modeling, stress testing, risk modeling experience preferred).
- 3-5 years of experience in large and complex data handling (panel data/time series data), statistical analysis and econometric modeling.
- 3-5 years of programming experience in SAS, SQL, R, etc. (python and machine learning libraries a plus). Knowledge of principles of software development cycle (requirements analysis, version control, unit tests, etc.) also useful.
- Strong statistical and econometric modeling skills (logistic/linear regression, mixed model, generalized linear model, time series model, and segmentation analysis). Knowledge of statistical/machine learning a plus.
- Hands-on experience with model estimation and statistical analysis techniques (ordinary least square, maximum likelihood, Monte Carlo simulation, cluster analysis, decision tree analysis, etc.).
- Graduate or post-graduate degree in a quantitative field such as Economics, Financial Engineering, Statistics, Engineering or related field or equivalent experience.
- Self-starter, ability to work in a fast-paced environment and deliver solid action oriented results under tight deadline.
- Excellent problem solving analytical skills, detail-orientation, independent thinking, organizational and project management skills.
- Strong verbal and written communication skills and strong interpersonal skills with the ability to articulate assumptions, methods, and results to peers and management.
- Ability to work on multiple projects at the same time and high-level of attention to detail.
About us
UBS is the world’s largest and 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.
With more than 70,000 employees, we have a presence in all major financial centers in more than 50 countries. Do you want to be one of us?
With more than 70,000 employees, we have a presence in all major financial centers in more than 50 countries. Do you want to be one of us?
Salary information
New York City based roles only - The salary range in NYC for this role will be $125,000 to $150,000 based on experience, education and skill level of the candidate. The role may be eligible for discretionary annual incentive compensation.
Join us
At UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.
From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we’re more than ourselves. Ready to be part of #teamUBS and make an impact?
From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we’re more than ourselves. Ready to be part of #teamUBS and make an impact?
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.
Please Note :
apexdining.ca is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, apexdining.ca provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.