Job Type
Full Time
Job Reference #
344060BR
City
New York
Key Responsibilities
We’re looking for Index Exotics Trader to:
- price and make markets in equity exotic option payouts including structured notes as well as institutional exotic structures
- facilitate client order flow by providing liquidity through various hedging strategies
- work closely with sales/distribution, structuring and quant teams to generate revenue and grow the franchise
- keep on top of market developments and trading opportunities
- manage trading, execution, operational and compliance risk, amongst others
- follow regulations and internal policies, including quality of execution, pricing, hedging, trading limits and compliance policies
The team
You’ll be joining a growing equity structured products franchise, specifically working in the trading team in New York. We trade a range of exotic equity products across the US markets through our global distribution channels, and manage risk across the complex spectrum of non-vanilla equity options. This benefits our institutional, retail and wealth management clients. As an exotics trader, you’ll play an important role in helping our clients access the products and liquidity they need to fulfill their investment objectives.
Your Skills And Experience
- ideally 2+ years worth of trading desk experience or quant desk experience
- familiar with how to price and trade a spectrum of exotic payouts
- an understanding of the higher order risk factors that characterize exotics books and the risk mitigation techniques around it
- programming skills and an analytical background with an undergraduate or masters in computational finance, mathematics, engineering, or computer science required
- good communication skills and a team player
- 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.
Salary information
The indicative gross base salary range as a full-time equivalent role:
- United States - New York - New York min USD 225000 - max USD 242500 /annum
The expected salary for this role will be determined by relevant factors which may include but are not limited to, role-required experience, qualifications, education, location and skill level. UBS offers a range of competitive benefits and for further information, please visit ubs.com/employee-benefits. We may, at our sole discretion, provide additional variable compensation or awards.
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.
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.
