Trade & Processing Specialist

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At UBS, we are the experts in how the firm operates.

• Deliver excellence.
• Drive the organization forward by working with purpose and passion.
• Support digital transformation.

Full Time

324537

Nashville

You’ll be working with UBS Over The Counter (OTC) Confirmations and Settlements team. 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 organization.
• Understand the risks associated with your business and function.
• Interface with internal and external clients to provide operational and administrative support as needed.

The new joiner would be working as an Subject Matter Expert for the Over-the-Counter Confirmations and Settlements team. The responsibilities include:

• Timely issuance of trade confirmations of Over-the-Counter 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 affirmations, chasing, and execution of Over-the-Counter trade confirmations and verification of trade queues.
• Resolving language breaks on confirmations with continuous interaction with Legal, Trading and Sales teams.
• Act as escalation point of contact for Middle Office/Sales/Trading teams for any confirmation/process related queries.
• Ensure full compliance to all laid down regulations, policies, guidelines, procedures, and practices.
• Involved in projects to improve Confirmation Straight through Processing rate as well as to achieve Operational plans.

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.

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.

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.