Manager, Prime brokerage clearing and settlements recruitment
The PB Clearing Settlements (CS) Utility covers the clearing and settlements of APAC cash equities settlement of prime brokerage business.
Key tasks and responsibilities include:
- Supervise the team who looks after cash equities settlements in APAC markets for the bank. The team is composed of UBS members in HK and vendor members in Shanghai.
- Manage relationship with top tier hedge fund clients of UBS in Asia Pacific
- Manage and oversee daily settlement activities which include settlement pre-matching, funding projection, payment, fails follow-up, inter-system reconciliation, nostro and depot reconciliation, internal / external and specific regulatory reporting.
- Drive CS related initiatives and projects on process improvement, new business initiatives and system implementation through close interaction with other areas within / outside Operations (e.g., Asset Servicing, Ops Change, Front Office, IT, Finance).
- Develop and enforce the internal control procedures within the team to minimize operational risks.
- Work with CS teams in other regions / locations to implement global / regional initiatives.
- Understand the capacity of team and manage the resources available to support the business.
- Act as the vendor manager of processes that are offshored to external vendor and manage the vendor performance to ensure they meet the UBS benchmarks.
- Monitor the cost incurred and strike for the most efficient way to support the Business.
- Develop and train up the talent members in Operations to increase management bandwidth and avoid any key-person dependency.
Our ideal candidates should have the following requisites:
- Degree qualified with superior people skills.
- 5 years and above of experience in Prime Brokerage settlements.
- Broad understanding of Operations flow
- Ability to work under pressure
- Excellent client service, interpersonal skills and Good communication skills
- Possess leadership skill and good problem solving skills
- Team worker and proactive
It starts with you:
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.
To read more about this opportunity and to submit your application, please click on the Apply for Job button. You will be redirected to the UBS career website where you can submit your CV. All applications will be reviewed and responded to by the UBS recruitment team.
Disclaimer/ Policy Statement: 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.