India

Operations

Investment Bank

Job Reference #

300364BR

City

Hyderabad

Job Type

Full Time

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 organisation forward by working with purpose and passion.
• Support digital transformation

Your team

You'll be working with UBS India OTC Confirmations and Settlements team out of Hyderabad location. 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 organisation.• Understand the risks associated with your business and function.• Interface with internal and external clients to provide operational and administrative support as needed.

Your expertise

The new joiner would be working as an SME for the OTC Confirmations and Settlements team.The responsibilities include -• Timely Settlement of OTC trades and providing the offshore team expertise on any new projects• Maintaining a good relationship with desk and MO, and ensuring escalations are done to the desk on time - Accurate reporting.• Providing training to OTC Settlements team in offshore.• Collaborate with internal stakeholders on changes impacting the function. Also, work with Business on new Business initiatives.• Confirmation of OTC derivative 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 OTC 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 MO/Sales/Trading teams for any confirmation/process related queries. • Work with the vendor team to enhance delivery, notably






in meeting Process excellence/Robotics and other targets. • Helping vendor team to increase their understanding of the product area, the front to back flow and production environment to improve delivery performance. • Maintaining Green KPIs, FED targets. • Knowing the booking model, special handling processes, industry standards and regulatory requirements and their impact on trade confirmations. • Ensuring full compliance to all laid down regulations, policies, guidelines, procedures, and practices. • Involved in projects to improve Confirmation STP rate as well as to achieve Operational plans. • Ensure all RCA (Root Cause Analysis) getting done and formulate control checks as per guidelines of compliance, client, and company policy. • Ensure all errors/break down of procedures are documented and updated in SOP’s and discussed with the team to avoid repetition.

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.

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?

Contact Details

UBS Business Solutions SA
UBS Recruiting

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.