Associate Director, Structurer

UBS; New York (NY); On-site; USD 170,000 - 175,000; Full time

Job summary

UBS Securities LLC seeks an Associate Director, Structurer in New York, NY. You will develop risk-recycling workflows, triage with trading desks, and build innovative payoff structures using quantitative methods.

You will leverage Python, ML, and volatility models to evaluate risk/reward and support exotics trading across the Americas and EMEA. Collaboration with analytics, trading, and legal teams is essential.

Qualifications

• Master’s degree or foreign equivalent in Finance, Mathematics, or related field.
• Bachelor degree or foreign equivalent in Finance/Math with 3 years of related experience.

Responsibilities

• Develop and maintain a new workflow for structured products risk recycling.
• Triage with exotics trading desks to assess risks and opportunities and design innovative payoffs.
• Perform risk/reward analysis and back tests on potential investments; support senior team on deals.
• Structure volatility dispersion baskets, run pricings, and prepare client pitches.
• Apply machine learning to optimize stock-selection algorithms and collaborate with cross-functional teams.

Skills

Python

ML

Data mining

Volatility models

Equity payoffs

Education

Master’s in Finance/Math

Bachelor + 3 years exp

Tools

kdb+/q

Bloomberg

Job description

Key Responsibilities

UBS Securities LLC is seeking an Associate Director, Structurer in New York, NY

Job Type

Full Time

Job Reference #

343473BR

City

New York

Key Responsibilities

Are you an innovative thinker? Do you enjoy delivering enhanced change capabilities across a range of business functions? Are you passionate about IT process automation using cutting edge tooling platforms?

We’re looking for an Associate Director, Structurer to:

• Develop and maintain a new workflow for structured products risk recycling. Triage with exotics trading desks in the Americas and in EMEA to assess existing risks and opportunities and arrange innovative payoffs, often with a high level of complexity requiring substantial mathematical modeling of risk and return for the client and UBS
• Utilize strong analytical and quantitative skills to perform risk/reward analysis and back tests of potential investments on a case-by-case basis. Support the senior members of the Americas Exotics and Risk Recycling Structuring Team on a deal by deal or project by project basis
• Structure custom volatility dispersion baskets and other tactical volatility trades by running selection processes, pricings and client pitches preparation. Use strong coding and quantitative skills to build and enhance internal tools, analytics and screeners
• Use machine learning techniques to optimize internal algorithm for stock selection in dispersion trades. Work with quantitative, trading and legal teams developing innovative payoffs within the equities volatility asset class
• Adhere to all applicable regulations and internal policies including relevant compliance policies. Ensure escalation and disclosure of any information of which applicable regulators would reasonably expect notice. Observe proper standards of market conduct including paying due regard to interests of customers and treating them fairly where relevant

Salary Range & Work Schedule: $170,000 to $175,000 /year, 40 hrs/wk, Monday - Friday, 8:00 a.m. - 5:00 p.m. This notice is being posted in connection with an application for permanent Alien Labor Certification. Any person may comment or provide documentary evidence bearing on this application to: U.S. Department of Labor, Employment and Training Administration, Office of Foreign Labor Certification, 200 Constitution Avenue NW, Room N-5311, Washington, DC 20210.

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.

The 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 with the Structurer team in New York, NY.

Your Skills And Experience

Education & Experience Requirement:

• Master’s degree or foreign equivalent in Finance, Mathematics, or a related field of study.

Alternate Education & Experience Requirement:

• Bachelor degree or foreign equivalent in Finance, Mathematics, or a related field of study and 3 years of experience in the job offered or 3 years of experience as a Global Markets Quantitative Trading Summer Analyst, or a related occupation in lieu of Master’s degree.

Position requires knowledge of the following:

• Python; Machine learning; Data mining; Stochastic volatility modeling including Bergomi model; Local-Stochastic Volatility model; Equity Derivatives payoffs including variance swaps, volatility swaps, autocallable notes, conditional variance swaps, geometric dispersion, barrier options, lookback options, forward volatility agreements, and cliquets; kdb+/q; Bloomberg. Skills can be gained concurrently as part of a relevant graduate degree program.

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.

Salary information

The indicative gross base salary range as a full-time equivalent role:

• United States - New York - New York min USD 170000- max USD 175000 /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.

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.

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.

EOE/M/F/D/V