US Hard To Borrow Securities Lending Trader bei UBS Group AG
UBS Group AG · New York, Vereinigte Staaten Von Amerika · Onsite
- Professional
- Optionales Büro in New York
Your role
We're looking for an International Securities Lending Trader to:
• working on the Securities Lending trading team covering the US hard-to-borrow market.
• managing borrow liquidity to facilitate firm and client demand across asset classes.
• managing relationships with lenders and brokers to offer consistent liquidity, pricing and manage risk.
• liaise with sales traders and clients across regions to ensure trading coordination and information flow.
• evaluate financial risk, understand pnl and book positioning.
• work with product and technology teams to build new trading tools to enhance overall offering.
• monitor securities for news/events/ price action that may affect the SBL market dynamics.
• provide daily SBL market color on an ad hoc basis on specific securities as well as the overall market.
• identify potential trading strategies, offer ideas to improve existing trading methods and platform enhancements.
• assist in managing synthetic borrow/ loan book via option reverse conversion structures
Detailed salary information:
• New York: the salary range for this role is $225000 to $242500
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.
• working on the Securities Lending trading team covering the US hard-to-borrow market.
• managing borrow liquidity to facilitate firm and client demand across asset classes.
• managing relationships with lenders and brokers to offer consistent liquidity, pricing and manage risk.
• liaise with sales traders and clients across regions to ensure trading coordination and information flow.
• evaluate financial risk, understand pnl and book positioning.
• work with product and technology teams to build new trading tools to enhance overall offering.
• monitor securities for news/events/ price action that may affect the SBL market dynamics.
• provide daily SBL market color on an ad hoc basis on specific securities as well as the overall market.
• identify potential trading strategies, offer ideas to improve existing trading methods and platform enhancements.
• assist in managing synthetic borrow/ loan book via option reverse conversion structures
Detailed salary information:
• New York: the salary range for this role is $225000 to $242500
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.
City
New York
Job Type
Full Time
Country / State
United States - New York
Function Category
Trading
Join us
At UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.
From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we’re more than ourselves. Ready to be part of #teamUBS and make an impact?
From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we’re more than ourselves. Ready to be part of #teamUBS and make an impact?
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.
Your team
You’ll be working in the Securities Lending team in New York. We manage senior level external relationships at the world’s largest Custody Banks and brokers driving UBS’ presence in the securities lending market.
Your expertise
• 3 to 5 years SBL trading experience
• Macro analysis and modelling skills, with an ability to communicate trading ideas clearly
• experience in executing cash equity and option orders and managing delta risk in a portfolio of securities.
• experience in corporate action SBL trading (mergers, spinoffs, exchange offers)
• review transactions to ensure accuracy of information and that trades conform to regulations of governing agencies. Inform and advise management regarding fluctuations and irregularities.
• Macro analysis and modelling skills, with an ability to communicate trading ideas clearly
• experience in executing cash equity and option orders and managing delta risk in a portfolio of securities.
• experience in corporate action SBL trading (mergers, spinoffs, exchange offers)
• review transactions to ensure accuracy of information and that trades conform to regulations of governing agencies. Inform and advise management regarding fluctuations and irregularities.
About us
UBS is the world’s largest and the only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors..
We have a presence in all major financial centers in more than 50 countries.
We have a presence in all major financial centers in more than 50 countries.
Your Career Comeback
We are open to applications from career returners. Find out more about our program on ubs.com/careercomeback.
Salary information
US Only: The expected salary range for this role is $225000 to $242500 based on factors including, but not limited to, experience, qualifications, education, location and skill level. Please see «Your role» section for detailed salary information.
