Director, EFX Principal Trader
Apply NowCompany: UBS
Location: New York, NY 10025
Description:
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, EFX Principal Trader to:
Responsible for handling the trading risks UBS takes on as a result of making markets available electronically to clients covering Foreign Exchange (FX) spot, Non-Deliverable Forward (NDFs), and precious metal transactions.
Collaborate with the quant trader and quant development teams on system enhancements to improve performance.
Apply overrides, parameter changes and manual hedging to maximize business performance under varying market conditions and varying types of client activity.
Responsible for navigating system outages and extreme market events.
Understand and minimize daily contra-revenue items both externally and internally.
Utilize specialized knowledge with internal compliance and business procedures to ensure that the global electronic trading desk complies with all elements of local, state, federal, and international regulatory requirements.
Detailed salary information:
New York: the salary range for this role is $200000 to $250000
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.
Qualified Applicants apply through SH-ProfR[redacted]. Please reference 000699. NO CALLS PLEASE. EOE/M/F/D/V. #LI-DNI
Join us
At UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.
From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we're more than ourselves. Ready to be part of #teamUBS and make an impact?
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.
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 Investment Banking team in New York, NY.
Your expertise
Education & Experience Requirement
Bachelor's degree or foreign equivalent in Accounting, Business Management, or related field of study plus three (3) years of experience in the job offered or as an Electronic FX Principal Trader, FX Spot Trading Intern or related occupation.
Position requires experience with the following:
KDB+
Q
Tableau
macro and microstructure of financial/ Foreign Exchange markets
FX Trading
advanced statistical analysis
Systematic trading algorithms
regulatory landscape and recent developments of FX markets including the Global FX Code
*LI-DNI
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.
Your Career Comeback
We are open to applications from career returners. Find out more about our program on ubs.com/careercomeback.
Salary information
US Only: The expected salary range for this role is $200000 to $250000 based on factors including, but not limited to, experience, qualifications, education, location and skill level. Please see "Your role" section for detailed salary information.
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, EFX Principal Trader to:
Responsible for handling the trading risks UBS takes on as a result of making markets available electronically to clients covering Foreign Exchange (FX) spot, Non-Deliverable Forward (NDFs), and precious metal transactions.
Collaborate with the quant trader and quant development teams on system enhancements to improve performance.
Apply overrides, parameter changes and manual hedging to maximize business performance under varying market conditions and varying types of client activity.
Responsible for navigating system outages and extreme market events.
Understand and minimize daily contra-revenue items both externally and internally.
Utilize specialized knowledge with internal compliance and business procedures to ensure that the global electronic trading desk complies with all elements of local, state, federal, and international regulatory requirements.
Detailed salary information:
New York: the salary range for this role is $200000 to $250000
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.
Qualified Applicants apply through SH-ProfR[redacted]. Please reference 000699. NO CALLS PLEASE. EOE/M/F/D/V. #LI-DNI
Join us
At UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.
From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we're more than ourselves. Ready to be part of #teamUBS and make an impact?
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.
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 Investment Banking team in New York, NY.
Your expertise
Education & Experience Requirement
Bachelor's degree or foreign equivalent in Accounting, Business Management, or related field of study plus three (3) years of experience in the job offered or as an Electronic FX Principal Trader, FX Spot Trading Intern or related occupation.
Position requires experience with the following:
KDB+
Q
Tableau
macro and microstructure of financial/ Foreign Exchange markets
FX Trading
advanced statistical analysis
Systematic trading algorithms
regulatory landscape and recent developments of FX markets including the Global FX Code
*LI-DNI
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.
Your Career Comeback
We are open to applications from career returners. Find out more about our program on ubs.com/careercomeback.
Salary information
US Only: The expected salary range for this role is $200000 to $250000 based on factors including, but not limited to, experience, qualifications, education, location and skill level. Please see "Your role" section for detailed salary information.