Job Type

Full Time

Job Reference #

339185BR

City

Mumbai

Key Responsibilities

Your role : Have you worked in a risk department and have affinity with quantitative topics? Are you experienced in credit risk methodologies and do you have the expertise to code in R? 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 are seeking a Quantitative Analyst specializing in Credit Portfolio Models and Credit Economic Capital to:

- develop quantitative methodologies to forecast credit losses for Economic Capital modeling and Stress Testing
- design and implement prototypes or automated solutions, while maintaining and enhancing existing code, primarily in R
- collaborate closely with cross-functional teams (including IT, Model Risk Management, and Reporting) to ensure timely and accurate credit risk reporting
- produce and maintain high-quality documentation for both internal and external stakeholders, covering methodologies and processes
- support the execution of risk processes, including regulatory submissions

The team You will be working in the Firmwide Stress Testing Models in Mumbai, which is part of the group-wide Quantitative Risk Methodology department. Your Skills And Experience

- a Master's degree in a quantitative discipline (e.g., Mathematics, Physics, Statistics, Engineering, Econometrics, Finance)
- strong analytical, organizational and problem-solving skills with the ability to work under tight deadlines
- programming experience, particularly in statistical languages such as R programming
- experience in handling large datasets
- ability to communicate logically and precisely, including writing rigorous and clear mathematical model documentation
- able to develop prototypes and automated processes
- experienced with statistical analysis and enthusiastic about creating your own models




- very positive communication skills and the ability to explain technical topics clearly and intuitively, both written and verbal
- English proficiency, both verbal and written, to ensure clear and effective communication within our global team
- you’re curious to explore how AI can improve how we build, deliver, and optimize workflows. You do this with sound judgment – validating outputs and aligning with policies, risk standards, and ethical use.

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.

Contact Details

UBS Business Solutions SA

UBS Recruiting

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.

📌 Quant Analyst - Credit Portfolio Models (Mumbai)
🏢 UBS
📍 Mumbai