Execution Trader, Asset Management

UBS•Chicago, IL

1d•$145,000 - $200,000

About The Position

UBS Asset Management is seeking an Equity Trader to join its U.S. Trading Desk. Based in Chicago (preferred) or New York, the role delivers execution services for active and index equity strategies across U.S. and global markets. The trader partners with portfolio managers, research teams, senior traders, and other investment professionals to plan and execute trades, analyze market conditions and execution outcomes, and support the development of the trading platform. The position also contributes to process improvements, automation, and the adoption of AI-enabled trading and analytics tools while maintaining regulatory compliance, fiduciary obligations, internal controls, and best execution standards. The role is part of the UBS Asset Management Americas Trading Desk, which collaborates with portfolio management, investment specialists, operations, compliance, and risk management in a team-oriented environment focused on disciplined execution, strong controls, and client outcomes. UBS is a global wealth manager and diversified asset manager headquartered in Zurich, with a presence in more than 50 markets. Career returners are welcome to apply.

Requirements

Ideally 3–7+ years of institutional equity trading experience.
Strong knowledge of U.S. equity markets, market structure, electronic trading, and liquidity venues.
Experience trading cash equities, ETFs, and/or listed equity derivatives.
Strong analytical skills and ability to use data and quantitative insights to support trading decisions.
Familiarity with OMS/EMS platforms, algorithmic execution tools, transaction cost analysis (TCA), and trading analytics.
Excellent communication and interpersonal skills, with the ability to collaborate effectively across investment teams and with 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.
Curiosity about using AI to improve workflows, with sound judgment in validating outputs and aligning use with policies, risk standards, and ethical requirements.
Bachelor's degree required.

Nice To Haves

Interest in systematic, quantitative, or programmatic trading approaches.
Coding or data analysis experience.
CFA designation, MBA, or other relevant professional credentials.

Responsibilities

Execute cash equities, ETFs, and listed equity derivatives across U.S. and global markets for active and index investment strategies.
Collaborate with portfolio managers and investment teams to develop and implement trading strategies, including liquidity analysis, trade construction, sizing, and execution planning.
Monitor market conditions and provide insights on price action, liquidity dynamics, market structure, and macroeconomic developments.
Analyze execution performance and transaction cost data, and communicate actionable insights to portfolio managers and other stakeholders.
Support trading-process evolution through automation, workflow enhancements, and adoption of AI-enabled trading and analytics tools.
Ensure trading activity complies with regulatory requirements, internal controls, fiduciary obligations, and best execution standards.
Contribute to the development of the trading platform, including potential expansion of coverage across products, strategies, and asset classes.
Build and maintain relationships with brokers, liquidity providers, exchanges, and market participants to enhance client execution outcomes.
Participate in desk initiatives to improve efficiency, scalability, and risk management practices.