UBS
Principal Algo Trading - Rates - Quant Developer
Get notified of more jobs like this · No spam, ever
How your CV stacks up
Upload your CV to see how well it fits this job role
?%
Key Responsibilities
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 classes 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 tracking performance.
- Operate within a high-performing, fast-paced quant development team, whose goals are directly aligned with 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 strategies. 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.
Reasons to use Rodeo
Start with a chat, not a search bar
Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
It searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
Your Skills and Experience
- 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 who 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 modeling 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 an algorithmic trading context.
- Experience in the electronic fixed income ecosystem: 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.
About Us
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.
Get help with your application
Your very own career expert that helps elevate your application to the next level.
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. https://www.ubs.com/global/en/careers/search-jobs/support.html
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.
“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”
Jessica, London
Location