At a Glance
- Tasks: Support front office functions and manage operational risk in a dynamic team.
- Company: Join UBS, the world's largest global wealth manager with a diverse culture.
- Benefits: Flexible working options, opportunities for growth, and a supportive team environment.
- Why this job: Make a real impact in finance while collaborating with talented professionals.
- Qualifications: Understanding of prime brokerage and strong problem-solving skills required.
- Other info: Inclusive culture focused on collaboration and innovation.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Job Reference # 328266BR
City London
Job Type Full Time
Your role
Are you inquisitive with an analytical and risk-aware mindset? Do you have a F2B controls background?
- Become a key team player within the Financing Middle office Trade Support team providing support for the front office functions (trading, sales, COO, Prime Broker account managers and clients), operations, and finance teams in managing the front to back operational risk.
- Partnering and collaborating with internal stakeholders on a day-to-day basis to assist problem solving and improve process efficiencies / automation.
- Be able to undertake exception Management tasks using vendor platforms to reconcile products traded by the desk and PB clients daily.
- Conduct root cause analysis of break population to sustainably drive down exceptions and risk.
- Investigate and collate responses to transactional risk, P&L, settlements, confirmations and IT queries.
- Escalate, prioritise workload and resolve risk exceptions on a timely basis.
- Participate in risk review meetings with operational risk, the business and COO to review and explain key risk metrics and trending.
Your team
You will be working in the IB aligned Finance Middle office team in London with alignment to teams in India.
The Middle Office teams primary control focus is to ensure the completeness and accuracy of transactions from front end risk management systems to downstream systems. As the link between the front office, prime Broker, other operations, and finance functions, you will also be involved in regulatory, client, and process improvement initiatives as required.
As a Middle Office Specialist, you’ll play an important role in managing the operational risk of the Global Financing Services business and enhancing the client experience.
Your expertise
- Ideally some understanding of Prime brokerage within a middle office and P&L control environment.
- Some understanding of risk management within an equities environment.
- Some working knowledge of finance and cash equity products.
- Good problem solving skills with the ability to analyze and provide solutions: identify and examine problems to understand them, provide solutions for remediation which are logical, reasonable, and realistic.
- Clear communication style and escalation awareness.
- Collaboration across functions to deliver strategic projects and change.
About us
UBS is the world’s largest and the 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.
We have a presence in all major financial centers in more than 50 countries.
Join us
At UBS, we know that it\’s our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We’re dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. And we use artificial intelligence (AI) to work smarter and more efficiently. We also recognize that great work is never done alone. That’s why collaboration is at the heart of everything we do. Because together, we’re more than ourselves.
We’re committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.
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.
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PB Middle Office (PBMO) Specialist employer: UBS
Contact Detail:
UBS Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land PB Middle Office (PBMO) Specialist
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and middle office space. Attend industry events or webinars, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of prime brokerage and risk management. Be ready to discuss how you can contribute to improving process efficiencies and managing operational risks. Show them you’re not just a candidate, but a solution provider!
✨Tip Number 3
Practice your problem-solving skills! Think of real-life scenarios where you’ve tackled issues in a previous role. Being able to articulate your thought process during interviews will set you apart from the competition.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team at UBS. Let’s make it happen together!
We think you need these skills to ace PB Middle Office (PBMO) Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the PB Middle Office role. Highlight your analytical mindset and any relevant F2B controls background to catch our eye!
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're the perfect fit for the team. Share specific examples of how you've tackled operational risks or improved processes in the past.
Showcase Your Problem-Solving Skills: In your application, don’t shy away from discussing challenges you've faced and how you resolved them. We love candidates who can think critically and provide logical solutions!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role without any hiccups!
How to prepare for a job interview at UBS
✨Know Your Stuff
Make sure you brush up on your understanding of prime brokerage and P&L control environments. Familiarise yourself with the key concepts in risk management, especially within equities. This will help you answer technical questions confidently and show that you're genuinely interested in the role.
✨Show Off Your Problem-Solving Skills
Prepare to discuss specific examples where you've identified problems and provided logical solutions. Think about times when you’ve conducted root cause analysis or improved processes. This will demonstrate your analytical mindset and ability to drive down exceptions and risk.
✨Communicate Clearly
Practice articulating your thoughts clearly and concisely. You’ll need to explain complex ideas to various stakeholders, so being able to communicate effectively is crucial. Consider doing mock interviews with a friend to refine your communication style.
✨Be Ready to Collaborate
Since this role involves working closely with different teams, be prepared to discuss how you’ve successfully collaborated in the past. Highlight any experiences where you’ve partnered with others to deliver strategic projects or improve processes, as this aligns perfectly with the team’s focus.