Principal Algo Trading - Rates - Quant Developer

UBS, City of Westminster

Principal Algo Trading - Rates - Quant Developer

Salary not available. View on company website.

UBS, City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted 4 days ago, 29 Sep | Get your application in now to be included in the first week's applications.

Closing date: Closing date not specified

Job ref: 317e2187e6c24c1ba977da4050b03596

Location ref: City of Westminster

Full Job Description

We are seeking an experienced quantitative developer with strong core development and data skills to join our rates algorithmic trading team within UBS Global Markets. This is a fast paced and collaborative team specialized in the development and management of best-in-class automated strategies in the rates space. The role will be focused on Interest Rate Swaps and government bonds with opportunities to work on other asset class within the fixed income space.

  • Sit within the Global Markets principal e-trading business (covering FX, PM, Rates, Credit and Equities) and develop next generation algorithmic trading solutions.
  • You will be involved in every aspect of algorithmic trading: designing, back testing, implementing trading strategies and as well tracking performance.
  • Operate within a high-performing, fast paced quant development team, whose goals are directly aligned to the business
  • You will employ analysis to help optimize systematic quoting and risk management strategies.
  • Your Career Comeback We are open to applications from career returners. Find out more about our program on ubs.com/careercomeback.The team The rates electronic and systematic trading team is at the forefront of innovation in automated trading in rates and has a large mandate in the bank, covering government bonds and interest rate swaps around the globe creating automated and semi-automated strategy. We aim at maximizing automation and driving trading revenues. We're an experienced and highly technical team with strong data analysis and software development skills. The team is diverse and global, and the working environment is challenging but also enjoyable. We are passionate about solving technical problems and we strive for excellence.

  • Great problem-solving and analytical ability
  • Strong experience in Java with exposure to low latency event-processing.
  • Experience in the rates space especially Interest Rate Swaps
  • A self-starter you can work independently
  • Ready for the responsibility of real ownership of deliveries
  • Excellent communication skills including the ability to easily understand and explain business, software, and modelling issues
  • Excellent interpersonal skills
  • A person of integrity, comfortable to challenge and who collaborates naturally
  • Experience with industrial coding environments (version control, deployment, testing, compliance)
  • Knowledge of fixed income market making from previous work in algorithmic trading context.
  • Experience in electronic fixed income eco-system: trading venues and protocols
  • 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.

    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.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.

Direct job link

https://www.jobs24.co.uk/job/principal-algo-trading-rates-quant-developer-127480143