UBS Financial Services Operational Product Specialist in London, United Kingdom
Do you have significant experience providing reliable trade support? Would you like to strengthen your skills and expertise as an Operational Product Specialist? We are looking for someone like that to focus on:
-performing daily trade, position and cash reconciliations on an exception basis, monitoring and ensuring that all reconciliations breaks are explained and cleared promptly.
-monitoring and resolving Prime Broker failing trades
-escalating to supervisor/manager any aging breaks, fails or operational risks that could material affect the business. Recording KPI's.
-supporting London & Asia portfolio managers during the London time zone
-liaising with the trading desk and being a point of contact for calls to and from our Prime Brokers and Fund Administrators.
-monitoring & ensuring all day’s transactions have properly flowed through all systems and populated the Risk Management System and our “Books and Records System”
-end of day trade checking and Processing of option exercise and assignments, and Affirm trades and resolve trade differences between O'Connor and our executing brokers on trade date
-helping Co-ordinate with trading, Chicago operations group, and the technology group on development, testing and implementation of new systems or upgrades
-managing the portfolio swap reset process including funding & dividend reconciliation, and cash payments/receipts processing
-covering all aspects of OTC trade life cycle processing, this includes but is not limited to: Confirmation processing and signoff, Cash flow processing , Collateral Management and OTC Lifecycle events
-booking structured OTC trades, booking and rolling FX forward trades, as well as loading fx sell down and month end rebalancing files
-processing cash payments, and trade date transaction matching using Omgeo CTM and Traiana Harmony
What we offer:
Together. That’s how we do things. We offer people around the world a supportive, challenging and diverse working environment. We value your passion and commitment, and reward your performance.
Keen to achieve the work-life agility that you desire? We're open to discussing how this could work for you (and us).
Take the next step:
Are you truly collaborative? Succeeding at UBS means respecting, understanding and trusting colleagues and clients. Challenging others and being challenged in return. Being passionate about what you do. Driving yourself forward, always wanting to do things the right way. Does that sound like you? Then you have the right stuff to join us. Apply now.
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.
You will join our team in London and will be supporting our UBS O'Connor business - part of UBS Asset Management, specialising in single manager hedge funds.
Your experience and skills:
previous reconciliation experience and worked within financial services in a similar or relevant operational position (either within an investment bank or hedge fund business)
a good working knowledge and understanding of International Equity, Fixed Income and FX Markets, including derivatives traded on them: CFD’s, Futures and Options, Swaps
a working knowledge of Omgeo CTM and Traiana Harmony would be a benefit
a good understanding of the operational risk
excellent attention to detail and high standards of accuracy
good organisational skills with the ability to balance daily tasks and project work
self-motivated and able to work independently as well as in a team
aware of your responsibilities and how your actions can and will directly affect the business
good at time management recognising priorities and managing ad-hoc tasks around the daily workflow
-able to work and produce quality work under pressure and able to offer a very high standard of client service
Expert advice. Wealth management. Investment banking. Asset management. Retail banking in Switzerland. And all the support functions. That's what we do. And we do it for private and institutional clients as well as corporations around the world.
We are about 60,000 employees in all major financial centers, in almost 900 offices and more than 50 countries. Do you want to be one of us?
Job Reference #: 158281BR
Business Divisions: Asset Management
Title: Operational Product Specialist
Job Type: Full Time
Country / State: United Kingdom
Function Category: Operations