Trade Execution Par Loan Closer

Job Reference #

332451

Raleigh

Full Time

UBS is currently seeking a syndicated loan trade closer in the Trade Execution team within the broader Global Loan Servicing (GLS) Operations team. The Loan trade Closer is responsible for the timely and accurate closing of Secondary Par, Primary, & Third Party loan trades. The Trade Closer works closely with our outsourced vendor S&P, Business/Trading desk, trade counter parties, and Agents to ensure the timely and accurate settlement of our loan trades.

The Loan Closer also works with internal teams including Onboarding, Finance, Payments, and Tax to remediate issues delaying settlements and break resolution.

• Familiar with the corporate loan product and standard documents and concepts.
• Knowledge of corporate loan product and LSTA Par loan trade settlements.
• Vendor management working closely with S&P / Clearpar Closers on trade settlement, ensuring trade activity and settlements are processed accurately and timely.
• Daily reconciliation and management of cash, position, intersystem, trade and ledger breaks.
• Partner with internal stakeholders including Traders, Sales, Bankers, Finance and various operational teams including Tax, Onboarding, & Payments to settle loan trades.
• Ensure trade economics and delayed comp, cost of carry, and fees are correct.
• Familiar with amendments processing including cashless rolls, Extensions, Waivers, Consents.
• Assist with KYC & Tax with any issues and escalations.
• Identify and elevate issues and proactively look for ways to improve processes and controls.
• Perform ad‑hoc projects and support team members.

Raleigh: the salary range for this role is $57,500 to $72,500.

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

In Group Operations 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:

• Drive the organization forward by working with purpose and passion.
• Know what our Stakeholders want and need.
• Support digital transformation.

• Bachelor’s degree.
• Ability to quickly pick up and learn the loan product, systems, and processes.
• Effectively communicate and build relationships with our Trading Desk and Investment Bankers.
• Manage our internal stakeholders and vendor relationships with S&P.
• Takes initiative to resolve issues & deep dives into root cause to prevent further problems.
• Natural curiosity and self‑motivation to learn new functions and processes.
• Effective communication and comfortable dealing with all levels of the firm and external clients; both oral and written.
• Able to think creatively, flexibly, and logically to solve problems.
• Detail oriented and able to multi‑task in a fast‑paced environment.
• Interested in digitalization and have an affinity with technology.

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. We know that great work is never done alone. That’s why we place collaboration at the heart of everything we do.

Because together, we’re more than ourselves. Want to find out more? Visit

US Only:
The expected salary range for this role is $57,500 to $72,500 based on factors including, but not limited to, experience, qualifications, education, location and skill level. Please see "Your role" section for detailed salary information.

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.