United States - New York

Investment Banking

Investment Bank

Your role

UBS Financial Services INC is seeking a Managing Director, UGM OTC Equity Solutions in New York, NY
Are you an innovative thinker? Do you enjoy delivering enhanced change capabilities across a range of business functions? Do you know how to engage different kinds of people on a variety of topics?

We’re looking for a Managing Director, UGM OTC Equity Solutions to:
• Design new equity derivative financial products, using swaps, put options, call options, path-dependent Asian options, and exotics. Structure financial products with a sophisticated understanding of fundamental quantitative and mathematic analytical techniques, including calculus, to price and trade.
• Develop models using the analytical and mathematical tools gained through work in mathematics. Analyze single stock volatility surfaces, market volatility surfaces, interest rate environments globally, and foreign exchange rates globally.
• Predict changes in the strategy’s economics from the client’s perspective and the UBS’s perspective based on changes in stock volatility, interest rates, exchange rates, and the correlation of the three. Assist non-quantitative professionals to fully understand all the risks and potential outcomes of strategies based on changes and expectations in these markets.
• Interpret client goals into equity products, equity derivatives to produce desirable economic outcomes for the client and acceptable UBS risk parameters Design equity products by manipulating the data to produce various results. Interpret results and changes value drivers to produce desired results.
• Write user-friendly interfaces for the equity derivative pricing models built, which in turn are used by other team members for pricing and risk determination for use in presenting solutions to various parties internally for approval, and for client presentations. Adapt product features, models, and marketing materials for new changes in product design, and designs mathematical formulas on product and strategy implementation.

Qualified Applicants apply through SH-ProfRecruitingcc@ubs.com. Please reference 000461. NO CALLS PLEASE. EOE/M/F/D/V

Salary Range & Work Schedule: $350,000 to $500,000 /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.

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.

Job Reference #

339641BR

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 with the Equity Solutions team in New York, NY.

Your expertise

Education & Experience Requirement:
• Bachelor’s degree or foreign equivalent in mathematics, business administration, finance, or a related field of study plus 7 years of experience in the job offered or 7 years of experience as an Executive Director, Director, Associate, in Equity Derivatives, Investment Banking or a related occupation.

Alternate Education & Experience Requirement (if applicable):
• Master’s degree or foreign equivalent in mathematics, business administration, finance, or a related field of study and 5 years of experience in the job offered or 5 years of experience as an Executive Director, Director, Associate, in Equity Derivatives, Investment Banking or a related occupation in lieu of Bachelor’s degree and 7 years of experience.

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 350000 - max USD 500000 /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.