Job Description

Business DivisionsInvestment BankYour roleAT 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

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?Contact DetailsUBS Business Solutions SA
UBS RecruitingYour teamYou\'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:\xe2\x80\xa2 Understand what you do and how you contribute to the overall success of the organisation.\xe2\x80\xa2 Understand the risks associated with your business and function.\xe2\x80\xa2 Interface with internal and external clients to provide operational and administrative support as needed.Your expertiseThe new joiner would be working as an SME for the OTC Confirmations and Settlements team.The responsibilities include -\xe2\x80\xa2 Timely Settlement of OTC trades and providing the offshore team expertise on any new projects\xe2\x80\xa2 Maintaining a good relationship with desk and MO, and ensuring escalations are done to the desk on time - Accurate reporting.\xe2\x80\xa2 Providing training to OTC Settlements team in offshore.\xe2\x80\xa2 Collaborate with internal stakeholders on changes impacting the function. Also, work with Business on new Business initiatives.\xe2\x80\xa2 Confirmation of OTC derivative products such as Vanilla Options, Variance Swaps, Volatility Swaps, TRS and other Structured products. \xe2\x80\xa2 Ensuring the confirmations are drafted as per legal approved templates or termsheets. \xe2\x80\xa2 Resolving economics breaks and flagging missing/incorrect bookings to Trade Support teams and ensure timely resolution. \xe2\x80\xa2 Verbal Affirmation, Chasing, and Execution of OTC trade confirmation and Verification of trade queues. \xe2\x80\xa2 Resolving language breaks on Confirmations with continuous interaction with Legal, Trading and Sales teams. \xe2\x80\xa2 Acted as escalation point of contact for MO/Sales/Trading teams for any confirmation/process related queries. \xe2\x80\xa2 Work with the vendor team to enhance delivery, notablyin meeting Process excellence/Robotics and other targets. \xe2\x80\xa2 Helping vendor team to increase their understanding of the product area, the front to back flow and production environment to improve delivery performance. \xe2\x80\xa2 Maintaining Green KPIs, FED targets. \xe2\x80\xa2 Knowing the booking model, special handling processes, industry standards and regulatory requirements and their impact on trade confirmations. \xe2\x80\xa2 Ensuring full compliance to all laid down regulations, policies, guidelines, procedures, and practices. \xe2\x80\xa2 Involved in projects to improve Confirmation STP rate as well as to achieve Operational plans. \xe2\x80\xa2 Ensure all RCA (Root Cause Analysis) getting done and formulate control checks as per guidelines of compliance, client, and company policy. \xe2\x80\xa2 Ensure all errors/break down of procedures are documented and updated in SOP\'s and discussed with the team to avoid repetition.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.

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