Business Unit Controller – Equity Derivatives / Structured Rates recruitment
UBS is a leading global financial services firm. Our Investment Bank is one of the world’s top global investment banking and securities firms, providing a full spectrum of products to institutional and corporate clients, intermediaries, government and hedge funds worldwide.
The Finance Department at UBS Investment Bank is organised via a matrix of regional and global functions. Regional
Controllers ensure the accuracy and integrity of our legal entity accounts and that all accounting, legal, tax and
Regulatory requirements are met. Global Business Unit Controllers are business aligned to provide product, valuation
and accounting control as well as value added management information and decision support. Taken together, they
ensure that standards, policies and procedures are applied efficiently and effectively across the Investment Bank.
The Equities Business Unit Control team are primarily responsible for the controlling and reporting of the global equities
Business, a substantial business unit of the Investment Bank, and to provide management information support to senior
heads of the equities business. This global team has over 240 staff based in London, Stamford, Sydney, Hong Kong, Tokyo and Zurich.
This team will also engage in implementations required to deliver enhanced control processes around the GGL.
The controller will operate within the Equity Derivatives Structured team (Exotics/ Alternative Investment Products) in the London-based group.
The main elements of the role are:-
Daily PL production and validation to traders and senior management.
Daily PL analysis of the attributed PnL, review of the risk exposures on the book
Daily and MTD Commentary relating back to opening Risk and Market movements
Reconciliation of reported PL to underlying ledgers.
Balance sheet review and analsysis.
Liaison with trading desk, Valuations, Operations, financial Reporting etc to discuss and resolve ad hoc issues concerning bookings, valuations, new business and other areas.
The role will include liaison with the Market Risk department and the candidate should develop a detailed understanding of underlying valuations and the risk systems. The role should also develop to incorporate process review and innovation; this may be in the form of relevant project work.
Strong analytical and communication skills required combined with a good understanding of the business environment.
Requirements
- Graduate with honours degree.
- Qualified Accountant preferable (ACA,CIMA, ACCA or similar), or substantial controlling experience in an investment bank.
- Business unit controlling experience preferred / Equity Derivatives knowledge preferred.
UBS can offer you an environment geared towards performance, attractive career opportunities, and an open corporate culture that values and rewards the contribution of every individual.
We can offer you an exciting, fast-paced working environment, a culture of mutual respect and teamwork and the opportunity to play a vital role in our growth. If you are attracted to joining an organization where every individual's contribution counts and where your talent will impact on our future, please apply for this position. It starts with you.
UBS is an equal opportunity employer. We respect and seek to empower each individual and the diverse cultures, perspectives, skills and experiences within our workforce.