UBS

Electronic Agency Algorithmic Trader

UBS$145K — $172K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance, business, math, or computer science.
  • Strong technical skills in Kdb+/Q, Python, and Unix.
  • Ability to multitask and solve real-time problems in a fast-paced environment.
  • 3+ years experience in producing analytics and reports for trading performance.
  • 3+ years experience creating content for electronic trading clients.
  • Series 7 and 63 certifications are a plus.

Responsibilities

  • Manage quantitative parameters to drive algorithmic behavior.
  • Interact daily with equity trading desks and clients to adjust algorithm parameters based on stock news.
  • Apply client-specific configurations to enhance algorithm behavior.
  • Manage releases and provide real-time risk management of trading algorithms.
  • Collaborate with developers and quantitative analysts to improve algorithmic products.
  • Work with execution consultants to enhance the trading experience for clients.
  • Serve as a subject matter expert in electronic trading for internal and external users.

Benefits

  • Comprehensive health insurance.
  • Retirement savings plan options.
  • Generous paid time off and holidays.
  • Opportunities for professional development and growth.
  • Access to exclusive employee discounts and perks.
Full Job Description
Your role

Do you have a strong trading / technology / analytical background with in-depth knowledge of equity markets and market micro-structure?
UBS is looking for an Electronic Agency Algorithmic Trader to:
• manage the quantitative parameters that drive the overall algorithmic behavior
• provide daily interaction with the equity trading desks, quantitative analysts, and clients to adjust parameters on the back of stock specific news and in advance of special event days to ensure algorithm behavior is aligned with client and market expectations
• apply client specific configuration that enhance client/algorithm specific behavior, manage and prioritize product enhancements, risk management, and conduct data driven analysis to automate and optimize the trading platform and workflows
• manage releases and custom algorithm solutions and provide Real Time management of trading risk and intraday monitoring of the algorithms across all business types, products, and clients
• be responsible for direct interaction with the developers and quantitative analysts surrounding improvement to the algorithmic products including analytics and research
• interact with execution consultants who work directly with external clients to optimize and improve trading experience with UBS
• act as an electronic trading subject matter expertise with ability to serve as real time source of information to users of electronic trading product both internally & externally

Your team

The algorithmic trading team is responsible for risk management, product management, execution consulting, and product knowledge expert for anything related to electronic/algorithmic trading/ low latency trading across global markets in the Americas. The algorithmic trading team works across a wide range of UBS stakeholders including: Sales & Coverage / Sector Traders / Technology & Support / QAD, & Legal/Compliance. Your role will be in our New York office.

Your expertise
• Bachelor's degree in finance, business, math, computer science, or a related field
• strong Technical Skills: preferably Kdb+/Q, Python, & Unix
• ability to multi-task and work in fast paced environment with ability to think on feet and solve real time problems
• ideally 3 + years experience producing analytics and reports to monitor and benchmark trading performance across the platform and for individual clients
• ideally 3+ years experience with the creation of differentiated content relevant to electronic trading clients
• Series 7 and 63 would be nice to have

Salary information

The indicative gross base salary range as a full-time equivalent role:
• United States - New York - New York min USD 145000 - max USD 172500 /annum

The expected salary for this role will be determined by relevant factors which may include but are not limited to, role-required experience, qualifications, education, location and skill level. UBS offers a range of competitive benefits and for further information, please visit ubs.com/employee-benefits. We may, at our sole discretion, provide additional variable compensation or awards.

About UBS

UBS Group AG is a Swiss multinational investment bank and financial services company founded in 1862 and headquartered in Zurich, Switzerland. UBS is one of the largest and most respected financial institutions in the world, with a presence in over 50 countries. The company offers a wide range of financial services to its clients, including wealth management, investment banking, asset management, and retail banking. UBS is committed to providing its clients with innovative and effective financial solutions that meet their unique needs and goals.
Learn more about UBS
Size
71,697 employees
Market Cap
$64.8 billion
Industry
Founded
1854
5 Year Trend
-6.5%
NASDAQ

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