United States - New York

Equities

Investment Bank

Your role

UBS SECURITIES LLC is seeking an Associate Director, Trader in New York, NY.

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, Trader to:

• Use computer models to analyze, simulate and price complex financial transactions.
• Use proprietary models to price derivatives for clients on a regular basis and ensure compliance of trading activities with appropriate regulations.
• Build advanced excel spreadsheets and computer programs to facilitate pricing, risk managing and trade life cycle monitoring for a wide variety of complex financial derivatives contracts on assets across equities, fixed income, foreign exchange and commodities. Interact with various systems to trade and manage risk for a portfolio of exotic and path dependent derivatives.
• Use complex systems and employ programing skills to code payoffs, improve risk management tools and program customized scenario analysis for the positions and exposures in the book. Generate trade ideas for clients and distribution teams.
• Work with institutional business clients including hedge funds, pension funds, insurance companies, retail intermediaries, and private banks. Work with Technology teams to design and implement pricing and risk management tools.

Qualified Applicants apply through sh-profrecruitingcc@ubs.com. Please reference 001462. NO CALLS PLEASE. EOE/M/F/D/V. #LI-DNI

Salary & Work Schedule: $200,000 to $225,000 Per Year, 40 hrs/wk. 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, DC 20210.

*LI-DNI

Job Reference #

322965BR

City

New York

Job Type

Full Time

Your Career Comeback

We are open to applications from career returners. Find out more about our program on ubs.com/careercomeback.

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 Investment Bank team in New York, NY.

Your expertise

This position requires a Master's degree or foreign equivalent in Computational Finance, Mathematics, or a related field of study and one (1) year of experience in the job offered or as a Research Analyst, Quantitative Research Associate, or a related occupation.

The employer will alternatively accept a Bachelor's degree or foreign equivalent in Computational Finance, Mathematics, or a related field of study and three (3) years of experience in the job offered or as a Research Analyst, Quantitative Research Associate, or a related occupation.

Position requires experience with the following:

• Building advanced excel spreadsheets and computer programs using Visual Basic, Options theory, Financial Engineering,
• Object-Oriented Python Framework, Regression Analysis, Monte Carlo Methods,
• Machine Learning, time series analysis,
• FINRA Series 63 license
• FINRA Series 7 license.

About us

UBS 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.

Salary information

US Only: The expected salary range for this role is $200,000 to $225,000 based on factors including, but not limited to, experience, qualifications, education, location and skill level. Please see «Your role» section for detailed salary information.

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. 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.