UBS Financial Services Trader / Liquid Credit in New York, New York
UBS Securities LLC seeks Executive Directors, Traders / Liquid Credit in New York, NY to trade macro products across multiple asset classes including credit, rates, equities, and foreign exchange (FX). Perform market making for U.S. liquid credit portfolio products including the Credit Default Swap (CDX) family of indices, including investment grade (IG) and high yield (HY), credit based Exchange Traded Funds (ETF), and Index Options and Total Return Swaps (TRS). Provide risk management, perform trade entry to manage potential profit expectations and mitigate risk, and set and adjust pricing to maximize profitability and liquidity. Source new business opportunities, build relationships with key clients, and market financial products. Provide daily valuation estimates to the various Central Counterparty Clearinghouses (CCPs). Support re-establishment of credit derivatives trading and development of algorithmic trading in credit. Qualified Applicants apply through SH-ProfRecruitingIB@ubs.com. Please reference KD06282017EW. NO CALLS PLEASE. EOE/M/F/D/V
What we offer:
Together. That’s how we do things. We offer people around the world a supportive, challenging and diverse working environment. We value your passion and commitment, and reward your performance.
Take the next step:
Are you truly collaborative? Succeeding at UBS means respecting, understanding and trusting colleagues and clients. Challenging others and being challenged in return. Being passionate about what you do. Driving yourself forward, always wanting to do things the right way. Does that sound like you? Then you have the right stuff to join us. 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.
You will work with the Investor Client Services Group, located in New York, New York.
Your experience and skills:
Bachelor’s degree or equivalent in Business Administration, Finance, Economics or a related quantitative field and 7 years of progressively responsible experience in the job offered or related occupation: trading credit derivatives; performing market making of liquid credit products and credit indices; trading liquid credit products including investment grade and high yield credit default swaps, off-the-run indices, and credit exchange traded funds including analysis of creation/redemption process; utilizing pricing models such as Monte Carlo and Partial Differential Equation grid models; utilizing volatility parameterization models such as Local Volatility and Stochastic Volatility; and utilizing Excel and VBA to facilitate pricing, risk management and trade life cycle monitoring. Must be FINRA Series 7, 57, and 63 licensed. *LI-N
Expert advice. Wealth management. Investment banking. Asset management. Retail banking in Switzerland. And all the support functions. That's what we do. And we do it for private and institutional clients as well as corporations around the world.
We are about 60,000 employees in all major financial centers, in almost 900 offices and more than 50 countries. Do you want to be one of us?
Job Reference #: 156477BR
Business Divisions: Investment Bank
Title: Trader / Liquid Credit
City: New York
Job Type: Full Time
Country / State: United States - New York
Function Category: Investment Banking, Trading