Quant Trader

Job description

Description

UBS Investment Bank in New York City is seeking a bright, motivated Quant Trader (will consider junior / mid-level) to play an active role in the day to day trading of the Centralized Risk Book (CRB). This will be a highly visible role with global exposure on an expanding desk.

The CRB has been setup to provide a central desk for principal trading in cash equities. This includes worked single stock risk, risk portfolios and deltas arising from derivatives trades. Typical products are cash equities and ETFs.

Main responsibilities:

•Facilitate client order flow by providing liquidity, either through existing CRB inventory or utilizing the firm's capital.
•Execute trades, both on behalf of the firm and on behalf of clients, in order to support the needs of clients and generate revenue.
•Utilize strong risk management skills, which are required for managing an increasingly large central risk book. This includes proactively keeping abreast of market developments and trading opportunities as well as having a strong underlying understanding of financial markets, instruments and strategies.
•Adhere to regulations and internal policies, including, but not limited to, quality of execution (examples: 'best execution', 'fair and reasonable'), pricing, hedging, trading limits, trading mandates and compliance policies.
•Manage broad range of risks, including but not limited to market risk, execution risk, operational risk, compliance risk, etc., evaluating available options and making decisions.
•Developing software to assist with CRB efforts globally, both in terms of real-time risk management and post trade analysis and back-testing. This primarily is achieved using Java and KDB+.

UBS can offer you an environment geared towards performance, attractive career opportunities, and an open corporate culture that values and rewards the contribution of every individual.
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.

Qualifications:

•2 - 10 years' experience in a similar environment
•Trading experience
•Bachelor's Degree or international equivalent in Mathematics/Science/Economics or related field
•Quantitative background
•Some Programming Knowledge useful, but not required.

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What we offer

UBS offers talented individuals around the world a challenging, diverse and supportive working environment in which passion, commitment and hard work are valued and rewarded.

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Take the next step

Fitting in at UBS means being passionate and motivated about what you do. If you like collaborating, are used to challenging others and being challenged in return, then you have the right attitude to thrive in our environment. Want to become part of our team? Apply now.

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.