UBS Financial Services Trade Control Middle Office Specialist in Hong Kong, Hong Kong
Do you thrive in a fast-paced environment? Are you someone who can understand the full trade lifecycle from inception to termination, and the role played by Operations in each step? Do you enjoying working with both internal and external parties from multiple disciplines to provide the Middle Office services and controls needed to support business growth? We're looking for someone like that who can:
Supporting various Flow & Exotic equity derivative products (Stocks, Warrant, ETFs, Vanilla/Exotic OTC, Listed options, Futures, Swaps, FX, CB and ELN )
Maintain reconciliation and checking of P&L reports to ensure proper control of risk management is in place
Review and solve complex trade process and flow problems and act as an interface to the Business, Operations and Finance to ensure all client needs are met in an efficient manner
The candidate will need to understand how the trade is being risk managed and to review the booking within the context of UBS booking policies.
Answering booking related queries from various groups within the bank. This involves developing relationships with a variety of internal stakeholders, including discussing booking issues with the desk, querying Trading, Sales and Quantitative Team on discrepancies identified
Support on-going process and control improvement projects
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'll be working in the Lifecycle Services function within the Integrated Middle Office in Hong Kong. We support the various Flow & Exotic Trading desks in APAC. Works would include oversight of trade from full trade lifecycle to termination or maturity. We are also responsible for monitoring key controls to ensure that there is a complete and accurate account of all trading activity in the Bank’s books and records on a daily basis. Each member of the team balances ‘business-as-usual line tasks’ while engaging in on-going tactical and strategic enhancements to booking flows, processes and controls. . The role will allow you to gain valuable insights to both internal (such as product and process knowledge) and external (such as industry practice on operations) processes.
Your experience and skills:
University degree in Finance or equivalent.
6 years+ of relevant experience, preferably in a Middle Office or Product Control area within an investment banking/brokerage/ custodian banking or accounting firms
2 years+ of supervisory experience
Working knowledge of Balance Sheet/PnL explanations (3 years+)
Proven analytical skills and an interest in the products / developing greater understanding.
Good working knowledge of Excel
The ability to pick up new tasks quickly in a fast-paced environment and able to manage own time and work to meet deadlines.
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 more than 50 countries. Do you want to be one of us?
Job Reference #: 176659BR
Business Divisions: Corporate Center
Title: Trade Control Middle Office Specialist
City: Hong Kong
Job Type: Full Time
Country / State: Hong Kong
Function Category: Operations