UBS is recruiting for the position of Securities/Settlement Specialist in Pune, India. Apply today to seize this opportunity!
About UBS :
UBS is a global financial services company that provides a wide range of services to clients worldwide. With a strong presence in the banking and wealth management sectors, UBS is known for its expertise in delivering financial solutions. The company is committed to helping clients navigate the complexities of the financial world, offering insights, advice, and innovative strategies. UBS has a global reach and a reputation for excellence in the financial industry.
Job Overview :
Job Title: Securities/Settlement Specialist
Location: Pune, India
Job Type: Full Time
Description :
As a Securities/Settlement Specialist you will be part of the Order Room (OR)-Settlements team in Pune and/or Non-Order Room. This team is responsible for handling settlements for UBS Switzerland AG and UBS Deutschland AG. Responsibilities include pre-matching assistance, realignments, settlement monitoring, settlement fails management, fails reporting, and investigating cash and securities.
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Your Role:
- Monitor settlement transactions to ensure timely settlement, including pre-matching and processing cancelations and rebook transactions.
- Place manual settlement and/or transfer instructions, affirm broker confirmations, and handle broker inquiries.
- Systematically chase and resolve pending transfers/settlements, differences, and breaks in both cash and securities.
- Administer our securities settlement static data and standard settlement instructions (SSI) reference table.
- Manage our offshore unit by monitoring activities and handling inquiries.
- Collaborate with interface partners to enhance efficiency and continuously improve processes.
Your Expertise:
- Banking apprenticeship with several years of professional experience in Operations/Back-Office, ideally in securities.
- Collaborate with various business units such as front office, middle office, and technology to ensure smooth settlement operations.
- Communicate regularly with business partners to manage expectations.
- Exhibit control quality, risk awareness, and a proactive approach.
- Ensure adherence to existing controls within the team and actively participate in daily team discussions.
- Regularly escalate issues to internal/external parties for timely trade settlements.
- Maintain and update SOPs, issue logs, and exception logs.
- Ensure compliance with company and regulatory policies.
- Foster a positive team environment that encourages innovation and challenges the status quo.
- Identify, suggest, and participate in process improvement initiatives.
- Deliver tasks within specified SLAs.
- Client-oriented mindset with previous client-facing experience.
- Strong understanding of the settlements business domain and experience in the security trade life cycle.
- Ability to work in a fast-paced, high-growth environment.
- Strong problem-solving skills.
- Higher education is advantageous.
How to apply :
To apply for this job simply click on the “Apply Now” below
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