Execution Trader, Asset Management

UBS; Chicago (IL); On-site; USD 145,000 - 200,000; Full time

Job summary

UBS is seeking an Equity Trader to join the Asset Management Trading Desk in the United States, based in Chicago (preferred) or New York. You will execute cash equities, ETFs, and equity derivatives while collaborating with PMs and senior traders to optimize execution and risk management.

You will analyze market conditions, develop trading strategies, and contribute to the evolution of trading processes with automation and AI tools. A strong background in institutional equity trading is required.

Qualifications

• 3–7+ years of institutional equity trading experience.
• Strong knowledge of US equity markets and market structure.
• Experience trading cash equities, ETFs, and/or listed equity derivatives.
• Strong analytical skills with data-driven decision making.
• Familiarity with OMS/EMS platforms and algorithmic execution tools.
• Interest in systematic or programmatic trading; coding is a plus.
• Excellent communication and collaboration across teams.
• Bachelor's degree required; CFA/MBA considered a plus.

Responsibilities

• Execute cash equities, ETFs, and listed equity derivatives across US and global markets.
• Collaborate with portfolio managers and investment teams to design and implement trading strategies.
• Monitor market conditions and provide insights on price action and liquidity.
• Analyze execution performance and cost data; share actionable insights with stakeholders.
• Support automation and AI-enabled trading and analytics tools.
• Ensure compliance with regulatory requirements and risk controls.
• Contribute to expanding coverage across products and asset classes.
• Build strong relationships with brokers and liquidity providers.

Skills

Equity trading

US equity markets

Market structure knowledge

Data analysis

OMS/EMS platforms

Algorithmic execution tools

TCA / trading analytics

Risk management

Communication skills

Coding skills

Education

Bachelor's degree

CFA or MBA (plus)

Tools

OMS/EMS platforms

Algorithmic execution tools

TCA

Trading analytics

Job description

Job Type

Full Time

Job Reference #

344400BR

City

Chicago

Key Responsibilities

Are you passionate about US and global equity markets? Are you an analytical, highly motivated professional with a strong understanding of market structure and a desire to develop as an institutional trader within a leading global asset manager?

We are seeking an Equity Trader to join the UBS Asset Management Trading Desk in the United States. In this role, you will partner closely with portfolio managers, research teams, and senior traders to deliver best-in-class execution across a broad range of equity strategies while helping drive innovation and continuous improvement across the trading platform.

You will:

• execute cash equities, ETFs, and listed equity derivatives across U.S. and global markets on behalf of active and index investment strategies
• collaborate with portfolio managers and investment teams to develop and implement effective trading strategies, including liquidity analysis, trade construction, sizing, and execution planning
• monitor market conditions and provide timely insights on price action, liquidity dynamics, market structure, and macroeconomic developments
• analyze execution performance and transaction cost data, communicating actionable insights to portfolio managers and other key stakeholders
• support the continued evolution of trading processes through automation, workflow enhancements, and the adoption of AI-enabled trading and analytics tools
• ensure all trading activity complies with regulatory requirements, internal controls, fiduciary obligations, and best execution standards
• contribute to the growth and development of the trading platform, including expanding coverage across products, strategies, and asset classes where appropriate
• build and maintain strong relationships with brokers, liquidity providers, exchanges, and market participants to enhance execution outcomes for clients
• participate in trading desk initiatives aimed at improving efficiency, scalability, and risk management practices

The team

You will be based in Chicago (preferred) or New York, and be part of the UBS Asset Management Americas Trading Desk, responsible for delivering execution services across a diverse range of equity investment strategies. The team works closely with portfolio managers, investment specialists, operations, compliance, and risk management functions in a highly collaborative environment focused on disciplined execution, strong controls, and superior client outcomes.

Your Skills And Experience

• ideally 3-7+ years of institutional equity trading experience
• strong knowledge of US equity markets, market structure, electronic trading, and liquidity venues
• experience trading cash equities, ETFs, and/or listed equity derivatives
• strong analytical skills with the ability to leverage data and quantitative insights to support trading decisions
• familiarity with OMS/EMS platforms, algorithmic execution tools, transaction cost analysis (TCA), and trading analytics.
• interest in systematic, quantitative, or programmatic trading approaches; coding or data analysis experience is a plus but not required
• excellent communication and interpersonal skills, with the ability to collaborate effectively across investment teams and external counterparties
• strong attention to detail, sound judgment, and a disciplined approach to risk management and controls.
• ability to perform effectively in a fast-paced, team-oriented environment
• you’re curious to explore how AI can improve how we build, deliver, and optimize workflows. You do this with sound judgment – validating outputs and aligning with policies, risk standards, and ethical use
• Bachelor's degree required; CFA designation, MBA, or other relevant professional credentials are considered a plus

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

• United States - Illinois - Chicago min USD 145000 - max USD 200000 /annum
• 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.