eFX Trader

UBS Financial Services; London; On-site; GBP 60,000 - 90,000; Full time

Job summary

UBS Financial Services is seeking a skilled professional for risk management in FX and Precious Metals market-making. The role involves pricing through algorithms, collaborating with various teams, and enhancing trading systems. Ideal candidates should possess strong analytical skills, be self-starters, and have a passion for client experience.

Qualifications

• Ability to analyze large data sets and visualize results.
• Numerate and capable of working under pressure.
• Knowledge of electronic trading and relevant products.

Responsibilities

• Manage risks in electronic market-making for FX and Precious Metals.
• Coordinate with teams for pricing, hedging, and improving systems.
• Collaborate with sales for market expansion and develop product requirements.

Skills

Data Analysis

Risk Management

Communication

Entrepreneurial Mindset

Client Relationship Management

Tools

Python

MATLAB

Jupiterhub

KX systems

Job description

http://jobs.ubs.com/TGnewUI/Search/home/HomeWithPreLoad?partnerid=25008&siteid=5012&PageType=JobDetails&jobid=327605

Role Overview

Are your analytic and interpersonal skills adept at understanding complex systems? Are you savvy in managing risk? We are seeking a candidate to:

• Manage risks associated with electronic market-making in FX, Precious Metals (cash & EFPs), and non-deliverable Forwards
• Price and hedge, primarily through algorithms, with human intervention during outages or extreme market events
• Fine-tune complex systems and collaborate across teams such as sales, quant trading, and support to enhance performance
• Work with Sales to identify opportunities to expand UBS's market footprint and participate in client meetings
• Coordinate with Quant Traders and Development teams on pricing, hedging, and system improvements
• Resolve system outages by working with Global Service Delivery and support functions
• Gain understanding of market microstructure and exchange products
• Adhere to regulations, compliance policies, desk policies, limits, and guidelines
• Collaborate with stakeholders, including clients and technology teams, to develop product requirements and design specifications

Location & Team

This role is part of the Global Markets Derivatives & Solutions team in London, focusing on pricing and hedging FX, Precious Metals, and NDFs via electronic channels.

Candidate Profile

• Numerate with the ability to work under pressure
• Market understanding of relevant products
• Proficient in analyzing large data sets with visualization tools
• Self-starter, reliable, passionate about client experience
• Capable of working independently and collaboratively
• Risk-conscious, curious, and able to challenge the status quo
• Strong client network builder with an entrepreneurial mindset
• Excellent communication skills
• Interest or knowledge in Electronic Trading
• Experience with applications like Python, Jupiterhub, MATLAB, q, KX systems, etc.

About UBS

UBS is the world’s largest and only truly global wealth manager, operating in over 50 countries with major financial centers worldwide. We are committed to diversity, inclusion, and supporting our employees' growth and well-being. We welcome applications from all backgrounds and are dedicated to providing reasonable accommodations during the recruitment process.

Equal Opportunity Statement

UBS is an Equal Opportunity Employer, respecting and empowering individuals regardless of their background, skills, or experiences.