FX Options Products Trading

UniCreditMilan, LombardyOn-siteFull-timeMid level, 2–5 yearsListed 1 hour ago

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About this role

This role supports all aspects of the Global FX business, with a primary focus on the analysis, risk management, and optimization of the Global FX Options (FXO) book. The successful candidate will be responsible for developing and applying quantitative models, pricing methodologies, and analytical tools to optimize trading activities and enhance the competitiveness of the Bank’s FX product offering across its global distribution network.
The role also involves close interaction with the eFX business, contributing to the continuous improvement of electronic pricing, execution quality, and risk management across key currency pairs.

? Develop and enhance risk metrics and quantitative tools to support the effective management of options trading books ? Deliver advanced quantitative analysis and pricing models across the full product range, supporting global sales and distribution platforms ? Apply strong statistical and mathematical techniques to analyze market behavior, assess risk, and identify trading opportunities ? Design, develop, and maintain sophisticated data models capable of handling large and complex datasets. Leverage expertise in data analytics, quantitative modelling, and machine learning techniques to generate actionable insights ? Explore and implement AI and Large Language Model (LLM) applications to solve complex business and trading-related challenges ? Support the trading desk in managing client flow activity by taking measured and controlled risk positions within approved limits and in accordance with the Bank’s policies and regulatory framework ? Monitor and interpret developments across global financial markets, translating market information into trading and risk management decisions ? Demonstrate excellent organizational and time management skills, ensuring the ability to prioritize effectively and perform under pressure while maintaining a high level of accuracy and attention to detail ? Work effectively both independently and as part of a collaborative team environment, showing strong initiative, ownership, and motivation in achieving business objectives ? Contribute to the continuous improvement of trading, pricing, and risk-management processes through innovation and analytical thinking

UniCredit is a pan-European leading commercial bank providing best-in-class solutions and services across Italy, Germany, Austria, and Central and Eastern Europe. Our Vision is to be the Bank for Europe's Future. Our Purpose is to Empower Communities to Progress, delivering the best-in-class products and services for all stakeholders, unleashing the potential of our people and our clients across Europe. We serve over 20 million clients, supported by three Group product factories — Corporate, Individual and Payment Solutions — that ensure best-in-class expertise and scalable solutions across all markets. Our integrated model combines local proximity, deep client understanding and Group-wide capabilities, enabling seamless service and outstanding client experience. Digitalisation, operational excellence and a strong commitment to ESG principles underpin our journey, helping us deliver sustainable long-term value for clients, communities, employees and shareholders. Our shared Culture unites our people across all countries, empowering teamwork, driven execution and ambition through Ownership, Integrity and Caring.