Job Description

Business DivisionsGlobal Wealth ManagementYour role

• monitor settlement transaction to ensure timely settlement incl. pre-matching and cancel and rebook transactions
• place manual settlement and / or transfer instructions, affirm broker confirmations and handle broker enquiries
• systematically chase and resolve pending transfers/ settlements, differences and breaks (cash and security)
• administrate our securities settlement static data and standard settlement instructions (SSI) reference table
• manage our offshore unit (monitoring, enquiries, etc.)
• collaborate with interface partners as part of efficiency improvements and improve processes continuously

Function CategoryOperationsJoin usAt 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?Your teamYou\'ll be working in the team Order Room (OR)-Settlements in Pune and/or Non-Order Room. We are responsible for the Order Room settlements for UBS Switzerland AG und UBS Deutschland AG. This comprises pre-matching assistance, realignments, settlement monitoring, settlement fails management inclusive fails reporting. Investigating cash and securities are additional tasks. Through continuous process control and improvement a high quality standard and high productivity is ensured.Your expertise

• banking apprenticeship with several years of professional experience in Operations/Back-Office area/ideally in securities environment and work closely with other business units like front office middle office technology, etc. to ensure smooth conduct of Settlements\' operational tasks
• interact with the business partners oblique request on regular basis to help them manage their/our expectations along ensure existing controls are followed by team. Active participation in daily team huddle and raise all best practices
• should display in appreciation of control quality and risk related issues, proactive approach to avoid potential incidents such as buy-ins, TMPG claim, and cash management charges, late payment fees, etc. and also escalate to internal/external parties regularly for earliest & timely settlements of trades, etc.
• maintain holistic, optimistic team environment encouraging people to challenge status quo express your views and ensure updating of SOPs, issue logs/exception logs on regular intervals along with proper communication compliance of company and regulatory policies affecting areas manage
• identify, suggest, participate in process improvement related initiatives for successful execution and ensure all tasks/activities are completed well within SLA
• good understanding of settlements business domain, and experience in security trade life cycle, customer-oriented mindset / client facing
• self-motivated, responsible, adaptable, curious, eager to learn, able to self-develop, conscious of risks and to critically self-evaluate, with a solution-oriented way of thinking along with problem solving, time management, communication and excel skills
• independent, with the ability to meet tight deadlines under high pressure, with the ability to multitask due to monitoring and addressing multiple transfers and issues concurrently highly result oriented, attention to detail and quality, capability to work in a fast paced high growth environment and keen to deliver highest level of quality services
• higher graduation and fluent in English and German, will be an added advantage

About usUBS 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.How we hireWe may request you to complete one or more assessments during the application process.

UBS