Reconciliation controller recruitment
This role sits within the Global Asset Management Operations team, it involves expertise in a number of activities including trade loading, pricing, corporate actions, security master and reconciliation.
Key tasks and responsibilities include:
- Trades from clients and external parties such as Prime Brokers are loaded into Fund Services systems via automated load to FTP or manually.
- Fully Validated data is received from data/pricing vendor [IDAMA]. Securities are automatically set-up in a security master database. Data is enriched and maintained in agreed parameters.
- All trades are priced using validated pricing. Corporate action information also validated by IDAMA.
- Trades are posted to accounting system and exceptions recorder.
- Failed trade files are investigated and matters resolved or escalated.
- Cash, holding positions and market values are reconciled within prescribed frequency guidelines using InstaRecon – a proprietry reconciliation tool. The roles also requires data [security master] enhancement through a pricing and security master vendor. Reconciliation breaks reviewed and cleared. Breaks which cannot be cleared are forwarded to client services accountant.
- MIS reporting is required to provide management oversight and control of daily processes and efficiencies.
This team will service demanding internal clients. Understanding and appreciation of excellence in client delivery is an essential attribute.
Our ideal candidates should have the following requisites:
- Experience with accounting systems and reconciliation tools.
- Extensive relevant experience in back office/operations.
- Has a good understanding of operational risks and the associate impact on business
- Must have customer service focus and emphasis on delivering timely and accurate responses to client inquiries.
- Preference given to those candidates that have reconciliation, cash management, risk controlling and or trade settlement experience.
- Knowledge of financial instruments (equities, fixed income, derivatives) is essential
- Good PC skills especially Excel skills.
- Good communication skills.
- A team player approach
- Good analytical skills and ability to suggest changes/solutions and voice opinions
- Experience in funds industry and advantage
- Experience in financial services and understanding financial instruments is essntial
- Client focus essential
- Business graduate or third level qualifications important
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.