Authorized Officer, Quant Developer

United States - New York

Investment Banking

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 an Authorized Officer, Quant Developer to:

• Design, develop and enhance state-of-the art risk management and pricing tools for derivative strategies and structured products.
• Trade algorithms analytics on derivatives portfolio hedging and optimization. Trade algos for low-latency trading and market-making including warrants and listed options.
• Back test hedging strategies across market regimes. Migrate derivative strategies analytics for structured products.
• Migrate Excel-based pricing, param, and risk management tools onto service-based Web apps on Azure cloud. Engage in cross-team project collaborations from requirements capture through to delivery.

Salary & Work Schedule: $118,000 to $125,000 Per Year, 40 hrs/wk. 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.

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

Job Reference #

326493BR

City

New York

Job Type

Full Time

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 quant team in New York, NY.

Your expertise

• This position requires a Master's degree or foreign equivalent in Business Analytics, Financial Engineering or a related field of study plus two (2) years of experience in the job offered or as a Quantitative Analyst, Data Analyst, or a related occupation.

• The employer will alternatively accept a Bachelor's degree or foreign equivalent in Business Analytics, Financial Engineering or a related field of study plus five (5) years of experience in the job offered or as a Quantitative Analyst, Data Analyst, or a related occupation.

• Position requires experience with the following:
• Working in the financial industry including banks, buy-side, and funds; Python and Python web-developed tools including Flask;
• R; SQL; Tableau; Statistics knowledge on linear regression, model backtesting, stress analysis, and scenario analysis;
• Machine learning algorithms; Data structure and algorithms; Web development; Equity derivatives pricing and risk management.

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: $118,000 to $125,000 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. 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.

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