U
Convertibles Trader
UBSUnited States - New York
Apply Your role
You're interested in equity markets as well as derivatives products?We’re looking for a convertibles trader with financial markets experience who can:
• Monitor markets for trading / hedging opportunities
• Manage a broad range of risks including but not limited to trading, execution, operational and compliance risk.
• Help with the back to front of the daily business, run P&L reports, and optimize processes.
• Partner with banking and sales teams to combine existing capabilities to build client solutions
• Have the technical background to be able to interact with the quant teams in developing new pricing models
• Have the programming skills to be able to be independently implement risk management and decision making tools
Detailed salary information:
• New York: the salary range for this role is $145000 to $172500
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.
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.
Your team
You will be working in the Global Markets US Convertibles trading team in New York. Our role is to provide pricing, advice, solutions, and execution to investment manages and hedge fund clients in the growing convertible asset class. We help our clients identify and execute trading strategies that match their specific goals / hedging strategies. As a trader, your primary function will be to market, price, and risk-manage the US Convertibles book on behalf of UBS.Your expertise
• Experience in and understanding of financial markets, in particular: convertible bonds, equities, credit, and derivatives.• Adept at computer systems and comfortable with adopting new technology
• An excellent communicator and a collaborative partner with clear demonstration of working across groups
• A self-starter capable of independent problem solving
• Ability to thrive in a high intensity and highly demanding trading desk role
• Credible client presence—able to convey views clearly, negotiate risk, and shape flows in fast markets.
• Commitment to the highest standards of integrity and conduct.
About us
UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. We also provide diversified asset management solutions and focused investment banking capabilities. Headquartered in Zurich, Switzerland, UBS is present in more than 50 markets around the globe.We know that great work is never done alone. That’s why we place collaboration at the heart of everything we do. Because together, we’re more than ourselves. Want to find out more? Visit ubs.com/careers.