Director, IB Operations Middle Office Specialist

UBS•New York, NY

12d•$179,088 - $190,000•Onsite

About The Position

UBS Business Solutions US LLC is seeking a Director, IB Operations Middle Office Specialist in New York, NY. This role is for an innovative thinker who enjoys delivering enhanced change capabilities across a range of business functions and is passionate about IT process automation using cutting-edge tooling platforms. The position involves managing the trade lifecycle, performing trade affirmation, validation, and rejections, and handling client queries. It also requires managing the day-to-day transactional integrity and lifecycle processing for the Rates and Solutions- Americas trading desks, with direct interaction with business heads. A key aspect of the role is executing the digital transformation vision by analyzing product flows and identifying improvements to enhance client experience.

Requirements

Master’s degree or foreign equivalent in Economics, Finance, or a related field of study plus 7 years of experience in the job offered or 7 years of experience in Finance Product Management for Investment Banking, or a related occupation.
Interest Rate Derivatives and Treasury securities including calculations and validation of lifecycle events.
Front-to-back lifecycle of a trade.
Facing off to the business heads (Sales/Trading/COO) and senior operations managers.
Machine Learning.
Alteryx.
VBA and SQL programming and financial modeling.
Bloomberg.
Performing structured trade reviews and escalating discrepancies to the Front Office.
Communicating with paying agents for the market convention and settlement of both cash-settled and physical-settled structured notes.
Managing the rates fixings process and improving the STP rate of rates fixings.

Nice To Haves

Bachelor’s degree or foreign equivalent in Economics, Finance, or a related field of study and 9 years of experience in the job offered or 9 years of experience Finance Product Management for Investment Banking, or a related occupation in lieu of Master’s degree and 7 years of experience.

Responsibilities

Manage the trade lifecycle and perform trade affirmation, validation and trade rejections.
Manage client queries and deliver timely and operational risk management to our clients by leveraging excellent understanding of product portfolio.
Manage the day-to-day transactional integrity and lifecycle processing of the Rates and Solutions- Americas trading desks, through proactive risk identification and remediation, facing off directly to the business heads of the Rates, Solutions and Latam portfolios.
Closely collaborate with Trading, Sales, COO, C&ORC and the Investment Bank Operations teams to deliver risk-time risk management services and end of day controls measured by daily, weekly and monthly KPIs.
Execute the digital transformation vision through analysis of existing product flows from front to back, identifying and delivering improvements to enhance our internal and external client experience.