Home
/
Accounting and Finance
/
Trade & Processing Specialist
Trade & Processing Specialist-November 2024
New York
Nov 24, 2024
ABOUT UBS
At UBS we’re reimagining the power of people and capital to create a better world for all of us. We are the largest truly global wealth manager.
10,000+ employees
Financial Services, Fintech
VIEW COMPANY PROFILE >>
About Trade & Processing Specialist

  Your role

  The Trade Closer is responsible for timely closing of Primary, Syndicated, PAR, Distressed and Claims trades and for sustained focus on clients and risk. Closing practices should meet documentation standards (LSTA & LMA). The Trade Closer is also required to work with the desk, counterparties, legal and agents to achieve timely settlement and to ensure that all functions and controls are completed on a daily basis.

  Trade settlement team settles complex transactions, Corporate Actions, & handles Global Markets Desk inquiries. Duties also include running weekly management reports to the Businesses, reconciliation of settlement breaks, vendor management, and daily interaction with clients as well as internal / external stakeholders.

  We're looking for a Par/Distressed Syndicated Loan Closer to:

  • Support the Primary and Loan Trading desk operationally settling Primary, Distressed, Par, and Private equity trades.

  • Work with the Trading desk and legal on booking and settling complex restructures.

  • Undertake preparatory work, transaction processing, control, and reconciliations tasks.

  • Work across teams and functions to get the best solution or course of action.

  • Interface with internal and external clients to provide operational and administrative support as needed.

  • Supervisory oversight of junior team members as well as vendor management.

  Join us

  At UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.

  From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we're more than ourselves. Ready to be part of #teamUBS and make an impact?

  Disclaimer / Policy Statements

  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.

  Your team

  You will be working in the Global Loan Services operations team supporting syndicated loan trade closing in the Investment Bank for our Global Banking and Global Markets businesses. We are responsible for the Primary and Secondary Loan Settlements process for syndicated corporate loans The Trade Closing team settles complex transactions, Corporate Actions, & handles Global Markets Desk inquiries. Duties also include running weekly management reports to the Businesses, reconciliation of settlement breaks, vendor management, and daily interaction with clients as well as internal / external stakeholders. You will also be a part of the Regulatory quality assurance team.

  Your expertise

  • Experience closing PAR and Syndicated corporate loans.

  • Experience with Distressed Settlement / Trade Claims / Bankruptcy Distributions

  • Experience working with booking and settling amendments and restructures.

  • Experience negotiating and executing participation agreement.

  • Trade Affirmation, Allocation and Confirmation

  • Delayed Compensation & Cost of Carry

  • Funding Memos / Purchase Pricing Letters / Payout Letters

  • Bachelors / Master's degree or equivalent.

  About us

  UBS is the world's largest and only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors.

  With more than 70,000 employees, we have a presence in all major financial centers in more than 50 countries. Do you want to be one of us?

Comments
Welcome to zdrecruit comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
SIMILAR JOBS
Financial Consultant - Tulsa, OK
Job Description: Financial Consultant If you no longer want to spend your time on sourcing new clients and would rather have the time to deepen relationships and create complex financial plans, then
Healthcare Implementation Benefit Analyst
Job Description: Health & Welfare Center of Excellence -Implementation Benefits Analyst Role The Health & Welfare Implementation Benefit Analyst is a key member of the Health & Welfare (H
Senior Internal Audit Analyst - Hybrid in Minnetonka, MN
At UnitedHealthcare, we're simplifying the health care experience, creating healthier communities, and removing barriers to quality care. The work you do here impacts the lives of millions of people
Financial Analyst I
Job Description 1. About Thermo Fisher Thermo Fisher Scientific Inc. (NYSE: TMO) is the world leader in serving science, with annual revenue of approximately$40 billion. Our Mission is to enable our
Medicare Sales Field Agent - Orange County, CA
Become a part of our caring community and help us put health first Are you passionate about the Medicare population, looking for an opportunity to work in sales with the ability to directly impact yo
Ocean Marine Cargo Sr Claims Representative/Consultant
Sr Representative Claims - CH08BE Consultant Claims - CH08CE We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here
Fund Accounting & Administration, AVP
Who we are looking for: This role will serve business operations from risk governance, service governance and project management perspective. Such as leading and driving multiple governance committee
Medicare Sales Field Agent
Become a part of our caring community and help us put health first Are you passionate about the Medicare population, looking for an opportunity to work in sales, and wanting the ability to directly i
Insurance Agency Owner - Springfield, MO
Business owner. Community leader. Protector of dreams. That's what makes an American Family Insurance Agency Owner. It's a highly rewarding opportunity that allows you to create financial stability w
Bilingual (English/Spanish) Billing Representative - Little Rock, AR
Cuando se trata de salir adelante y tienes la voluntad de ganar, vamos a llamarlo gran potencial de carrera! Imagine being able to get answers to your health plan questions from someone who speaks th
Copyright 2023-2024 - www.zdrecruit.com All Rights Reserved