FX Options Products Trading

HypoVereinsbank; Lombardia; On-site; EUR 68,000 - 78,000; Full time

Job summary

UniCredit S.p.A in Milano seeks a quantitative professional to support the Global FX business with focus on FXO analysis, risk management, and optimization. You will develop models, pricing methodologies, and analytical tools to enhance trading competitiveness and electronic pricing quality across the global network.

The role involves collaboration with the eFX team to improve risk management and pricing across key currency pairs, requiring strong analytical skills and the ability to implement

Qualifications

• Experience in quantitative analysis for FX or options trading is preferred.
• Strong mathematical background and ability to implement models.
• Proficiency in programming and data handling for large datasets.

Responsibilities

• Develop and enhance risk metrics and quantitative tools for options trading books.
• Deliver advanced quantitative analysis and pricing models across products.
• Apply statistical techniques to analyze market behavior and identify opportunities.
• Design and maintain data models handling large datasets.
• Leverage data analytics and ML to generate actionable insights.
• Explore AI/LLM applications to address trading challenges.
• Support the trading desk in risk-managed client flow and compliance.
• Monitor global markets and translate information into trading decisions.
• Collaborate effectively and drive process improvements in pricing and risk.

Skills

Risk metrics

Quant tools

Pricing models

Statistical methods

Data modelling

AI/LLM applications

Trading support

Market monitoring

Team collaboration

Tools

Python

R

SQL

ML libraries

Job description

Job Id

114679

UniCredit S.p.A

Competence Line

Client Solutions

Markets Products

MILANO

Land

Kontakt

P&C CRM

Professionals

67.500

77.750

This role supports all aspects of the Global FX business, with a primary focus on the analysis, risk management, and optimization of the Global FX Options (FXO) book. The successful candidate will be responsible for developing and applying quantitative models, pricing methodologies, and analytical tools to optimize trading activities and enhance the competitiveness of the Bank’s FX product offering across its global distribution network.

The role also involves close interaction with the eFX business, contributing to the continuous improvement of electronic pricing, execution quality, and risk management across key currency pairs.

What you'll be doing

• ?Develop and enhance risk metrics and quantitative tools to support the effective management of options trading books
• ?Deliver advanced quantitative analysis and pricing models across the full product range, supporting global sales and distribution platforms
• ?Apply strong statistical and mathematical techniques to analyze market behavior, assess risk, and identify trading opportunities
• ?Design, develop, and maintain sophisticated data models capable of handling large and complex datasets.
• Leverage expertise in data analytics, quantitative modelling, and machine learning techniques to generate actionable insights
• ?Explore and implement AI and Large Language Model (LLM) applications to solve complex business and trading-related challenges
• ?Support the trading desk in managing client flow activity by taking measured and controlled risk positions within approved limits and in accordance with the Bank’s policies and regulatory framework
• ?Monitor and interpret developments across global financial markets, translating market information into trading and risk management decisions
• ?Demonstrate excellent organizational and time management skills, ensuring the ability to prioritize effectively and perform under pressure while maintaining a high level of accuracy and attention to detail
• ?Work effectively both independently and as part of a collaborative team environment, showing strong initiative, ownership, and motivation in achieving business objectives
• ?Contribute to the continuous improvement of trading, pricing, and risk-management processes through innovation and analytical thinking