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Index Exotics Trader

Price and trade exotic equity-option structures in UBS’s New York business. The desk provides liquidity and manages the higher-order risks of structured products.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

  • Quote exotic equity payoffs and structured notes.
  • Hedge option exposures and monitor nonlinear risk changes.
  • Develop trade ideas with structuring and quantitative colleagues.

What they ask for

Required

  • Exotic payoff valuation
  • Option trading and hedging
  • Higher-order risk measures
  • Programming
  • Analytical academic background
Education
Undergraduate or master’s in computational finance, mathematics, engineering or computing.
Experience
Ideally at least 2 years on a trading or quant desk.
Markets
equities, options

How to prepare

  • Price an exotic equity payoff and test model sensitivities.
  • Explain vega, skew and correlation risks of structured notes.
  • Build a hedge analysis across large market moves.

What to study

The Volatility Quant roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on UBS’s site before applying: requirements, location and pay can change after we check them.

View the posting on UBS’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with UBS and doesn’t handle applications.

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