Job Reference #: 144523BR
Business Divisions: Corporate Center
Your role: Are you an experienced, confident relationship builder? Are your market analysis skills second to none? We’re looking for someone like that who can:
•trade a range of repo/sbl products including USD Credit/HY/EM, Agency and Non-Agency Mortgages via sales and voice brokers
•as a sales-trading function you will be expected to have significant frequent contact with both internal and external clients
•focus on collateral optimization within Group Asset Liability & Management (GALM) and broader UBS Group.
•collaborate closely with middle and back offices on settlement and operational issues. Develop enhancements to improve our processes and controls
•assist in the forecasting and management of scarce resources (RWA/LRD/Liquidity), working towards solutions to optimize current usage across all divisions of UBS Group.
•gain experience in all three GALM teams but will have a home team of Asset Sourcing & Optimization (ASO)
Title: Sales Trader & Risk Manager - Asset Sourcing & Optimization
City: New York
Preferred Qualifications: *LI-JB2
Job Type: Full Time
Country / State: United States - New York
Function Category: Trading
What we offer: Together. That’s how we do things. We offer talented people around the world a supportive, stimulating and diverse working environment. We’ll value your passion and commitment. And reward your performance.
Why UBS? Video
Take the next step: Are you truly collaborative? Succeeding at UBS means respecting, understanding and trusting colleagues and clients. Challenging others and being challenged in return. Being passionate about what you do. Driving yourself forward, always wanting to do things the right way. Does that sound like you? Then you have the right stuff to join us. Apply now.
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 GALM (Group Asset & Liability Management) team in New York. We balance the consumption of the firm's financial resources by consolidating and managing the Group's structural risks enabling sustainable earnings generation. Within Group ALM, Cash and Collateral Resource Management (CCRM) is mandated to manage firm-wide supply and demand of cash and collateral, aiming to optimize financial resource consumption across regions and business divisions. CCRM is comprised of: Asset Sourcing & Optimization (ASO), Liability Creation, Structuring & Funding Management (LCSFM) and Funding Supply and Demand Management (FSDM).
Your experience and skills: You have:
•obtained a Bachelor's degree level education in a financial or analytical subject
•1-3 years' experience in a sales or trading function and direct familiarity of external trade execution
•solid understanding of Fixed Income and Money Market products, with particular experience in repo products and IR risk management
•a working understanding of Excel and PowerPoint applications, advanced knowledge would be a plus
•able to work under pressure and quickly assess the risk vs. reward of a trade proposition
•a self-starter, as well as a committed team player with good interpersonal skills
•able to enjoy the challenges of a fast-paced environment
About us: Expert advice. Wealth management. Investment banking. Asset management. Retail banking in Switzerland. And all the support functions. That's what we do. And we do it for private and institutional clients as well as corporations around the world.
We are about 60,000 employees in all major financial centers, in almost 900 offices and more than 50 countries. Do you want to be one of us?