Director, Exotic Equity Options Trader

United States - New York

Trading

Investment Bank

Your role

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 a Director, Exotic Equity Options Trader to:

• Price and make markets in equity exotic option payouts including structures notes and institutional exotic structures.
• Facilitate client order flow by providing liquidity through various hedging strategies. Work closely with sales and distribution, structuring, and quant teams to generate revenue and grow the franchise.
• Monitor market developments and trading opportunities. Functionally manage trading, execution, operational, and compliance risk.
• Follow regulations and internal policies, including quality of execution, pricing, hedging, trading limits, and compliance policies.

Salary & Work Schedule: $200,000 to $275,000 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

Qualified Applicants apply through SH-ProfRecruitingcc@ubs.com. Please reference 001386. NO CALLS PLEASE. EOE/M/F/D/V. #LI-DNI

Job Reference #

320848BR

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 Exotic Equity Options team in New York, NY.

Your expertise

• Education & Experience Requirement
• This position requires Master's degree or foreign equivalent in Financial Engineering, Finance, Mathematics, or related field of study plus four (4) years of experience in the job offered or as a Quantitative Analyst, or related occupation.

• Position requires experience with the following:
• pricing, trading, and hedging an advanced and full spectrum of exotic equity payouts, hedge strategies
• monitoring higher order risk factors that characterize exotics books
• risk mitigation techniques, providing liquidity through various hedging strategies, and following regulations and internal policies
• remaining updated with market developments and trading opportunities, trading and execution, advanced coding, including python
• advance modeling frameworks, including stochastic vol models, statistical back testing of portfolio positions, and equity derivative architecture frameworks

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 $200000 to $275000 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.

Director, Exotic Equity Options Trader | UBS - Experienced professionals - job boards