Are you inquisitive with analytical and risk-aware mindset? Do you have a F2B controls background?

We’re looking for a Middle Office Specialist to:

• become a key person for Finance Middle office Trade Support team and provide the support for the front office (trading, sales, COO, Prime Broker clients) functions and other operations and finance teams in managing front to back operational risk.
• partnering and collaborating with internal stakeholders on a day to day basis to assist problem solving and improve process efficiencies / automation.
• undertake exception Management using vendor platforms to reconcile products traded by the desk on a daily basis.
• conduct root cause analysis of break population to sustainably drive down exceptions and risk.
•support the production and sign-off of an accurate end of day process ensuring all risk is captured and escalated where appropriate.
•ensure trade booking practices adhere to predefined models, acting as gateway into the front-to-back infrastructure and maintaining static data maintenance.
•investigate and respond to risk, P&L, settlements, billing, confirmations, legal, credit and IT queries.
• escalate, prioritize workload and resolve risk exceptions on a timely basis.
•participate in risk review meetings with operational risk, the business and COO to review and explain key risk metrics and trending.

Detailed salary information:
• New York: the salary range for this role is $85,000 to $105,000.
The expected salary range(s) for this role as of the date of this posting is/are based on factors including, but not limited to, experience, qualifications, education, location and skill level. This role may also be eligible for discretionary incentive compensation. For benefits information, please visit ubs.com/usbenefits.

Job Reference #

323494BR

City

New York

Job Type

Full Time

Your team

You’ll be working in the IB aligned SBL Middle office team in NYC.
The Middle Office team primary control focus is ensuring the completeness and accuracy of transactions from front end risk management systems to downstream systems. As the link between the front office, prime Broker, other operations and finance functions, you'll also be involved in regulatory, client, and process improvement initiatives as required.
As an Middle Office Specialist you’ll play an important role in managing the operational risk of the Global SBL Financing Services business and improving the client experience

Your expertise

• 5+ years of experience within a middle office and or P&L control environment.
• understanding of risk management for equities.
• working knowledge of Stock Borrow product and vendor systems ( Pirum, Equilend, Global1 )
• great at problem analysis and resolution: identify and examine problems in order to understand them, provide solutions for remediation which are logical, reasonable and realistic.
• clear communication style and escalation awareness.
• collaboration across functions to deliver strategic projects and change.

About us

UBS is the world’s largest and 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.

With more than 70,000 employees, we have a presence in all major financial centers in more than 50 countries. Do you want to be one of us?

Salary information

US Only: The expected salary range for this role is $85000 to $105000 based on factors including, but not limited to, experience, qualifications, education, location and skill level. Please see «Your role» section for detailed salary information.

Join us

At UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.

From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we’re more than ourselves. Ready to be part of #teamUBS and make an impact?

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.