Your role
The role
Do you thrive in a fast-paced environment, someone who can balance the demands to support business growth versus the need for rigorous control? Do you have an appetite to understand the front-to-back flow to come up with creative ways to solve problems and improve processes? Would you like to help us enhance the client experience now and for the future as an expert?
We're looking for an IB Operations Middle Office Specialist to:
• Provide operational support to Equity Derivatives business, including Solutions and Public Distribution Desks, for activity from initial launch to final redemption, and lifecycle events.
• Handle activities such as trade issuance and lifecycle processing, engage external parties (such as Fund Admin, Custodian, Paying Agent) and internal partners (Sales & Trading, Settlements & Confirmation, Legal, Finance, etc.) to provide operational support and independent advice on related processes.
• Review and resolve complex trade issues and acting as a bridge between stakeholders, such as Business, Operations, Compliance, Finance, and external parties.
• Analyse internal workflows across the product offering and work with internal partners to design and implement operational improvements.
• Support on-going improvement projects, drive process enhancements, participate in new business initiatives and user testing.
• Comprehend the risk and control framework for processes followed within Middle Office and ensure relevant controls are adhered to.
• Understand internal trade booking models and risk management. Be able to review bookings to ensure they are within the context of UBS booking policies and can fulfill regulatory requirements. Work with project teams and internal governance teams (COO/Compliance/IT) on new regulatory requirements.
Your team
You'll be working in the IB Operations Middle Office in Hong Kong: The team provides support for activities starting from trade inception to life cycle processing, monitoring control, preparing reports and financial audit, until trade redemption / maturity. The team acts as a business face-off to internal and external stakeholders.
This team within Operations supports various businesses in APAC, including QIS Structured Fund, SPV, and Public Distribution. We are also responsible for monitoring key controls to ensure trade's front-to-back flow is accurately represented. Each member of the team is expected to balance business-as-usual line tasks, while engaging in tactical and strategic enhancements to booking flows, processes, and controls.
Your expertise
• Bachelors / Master's degree or equivalent
• 2-4 years of experience working in IB operations, Cash Equity, Derivatives Middle Office, Settlement, or related areas
• Have general knowledge of front to back processes for Equity Derivatives or SPV products
• Ability to pick up new tasks quickly in a fast-paced environment
• Good working knowledge of Excel, possess excellent quantitative and analytical skills
• Pragmatic "can do" attitude and risk mindset, full accountability to take ownership and drive improvements
• Self-starter who learns quickly, is highly responsible and self-motivated, works well under pressure
• Dedicated team player who collaborates well with different functions
• Good communicator, who can confidently convey information, both written and verbally, appropriately with stakeholders at all levels
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.
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.
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