YOUR TEAM

You’ll be working with UBS Over The Counter (OTC) Confirmations and Settlements team. The team provides supervision for the OTC Confirmations and Settlements function and works closely with the Business for any new opportunities. We’re looking for a Trade & Processing Specialist to:

• understand what you do and how you contribute to the overall success of the organization.
• understand the risks associated with your business and function.
• interface with internal and external clients to provide operational and administrative support as needed.

ABOUT US

UBS is the world’s largest and the only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors.
We have a presence in all major financial centers in more than 50 countries.

Our vision is to always enhance the client experience now and for the future. To succeed our people must:

• deliver excellence.
• drive the organization forward by working with purpose and passion.
• support digital transformatio

YOUR ROLE

At UBS, we are the experts in how the firm operates.

Our vision is to always enhance the client experience now and for the future. To succeed our people must:

• deliver excellence.
• drive the organization forward by working with purpose and passion.
• support digital transformation

The new joiner would be working as an Subject Matter Expert for the Over-the-Counter Confirmations and Settlements team. The responsibilities include -

• timely issuance of trade confirmations of Over-the-Counter products such as Vanilla Options, Variance Swaps, Volatility Swaps, TRS and other Structured products.
• ensuring the confirmations are drafted as per legal approved templates or termsheets.
• resolving economics breaks and flagging missing/incorrect bookings to Trade Support teams and ensure timely resolution.
• verbal Affirmation, Chasing, and Execution of Over-the-Counter trade confirmation and Verification of trade queues.
• resolving language breaks on Confirmations with continuous interaction with Legal, Trading and Sales teams.
• acted as escalation point of contact for Middle Office/Sales/Trading teams for any confirmation/process related queries.
• ensuring full compliance to all laid down regulations, policies, guidelines, procedures, and practices.
• involved in projects to improve Confirmation Straight through Processing rate as well as to achieve Operational plans