Hybrid Trade & Processing Specialist bei UBS
UBS · New York, Vereinigte Staaten Von Amerika · Hybrid
- Senior
- Optionales Büro in New York
Your role
Required Experience:
-Familiar with LSTA / LMA standard documents and concepts including trade confirms, assignment agreements, funding memos, participation agreements, multilateral agreements, claims, proceeds letters, payout letters
-Ensure trade economics and delayed comp, cost of carry, and fees are correct
-Knowledge of Distressed Settlement / Trade Claims / Bankruptcy Distributions
-Work 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
-Familiar with amendments processing including cashless rolls, Extensions, Waivers, Consents
-Assist with KYC & Tax with any issues and escalations
-Coordinating LC issuer consent
-Familiar with BWIC, OWIC, BISO agreements and processing
-Familiar with sub-participation documentation and processing
-Identify and escalate issues and pro-actively look for ways to improve processes and controls
-Perform ad-hoc projects and support team members
Detailed salary information:
• New York: the salary range for this role is $140000 to $180000
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 ubs.com/usbenefits.
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We’re committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.
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Your team
•Drive the organization forward by working with purpose and passion.
•Know what our Stakeholders want and need.
•Support digital transformation
Your expertise
- ideally 5+ years experience closing loan trades
-Leadership and supervisory experience
-Knowledge of the corporate loan product, trading operations, and syndicated loans
-Experience with LSTA/LMA standard documentation and strong knowledge of the LSTA/LMA standard terms and conditions
Other Skills and Education:
-Takes initiative to resolve issues & deep dives into root cause to prevent further problems
-Naturally inquisitive and self-motivated 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 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
*LI-UBS
About us
We have a presence in all major financial centers in more than 50 countries.