Back Office Operations Analyst

United States - Illinois


Job Type
Full Time

Your role
Do you have experience in securities trade processing, settlements, and reconciliations? Are you detail oriented, even when multitasking? Do deadlines not scare you? Are you interested in applying your expertise to help our clients meet their investment objectives? If so, we are looking for someone like that to:
• Resolve daily Trade Affirmation breaks and fails between UBS O'Connor and external executing brokers / prime brokers and custodians
• Processing of trade amendments at direction of Portfolio Managers/Traders
• Daily communication within the Operations team and Prime Brokers regarding reconciliations of position, trade, cash activity breaks and trade settlement issues
• Resolution of daily cash activity breaks between internal Accounting system and the Prime Brokers and custodians
• Proactively identifying and resolving potential trade/position, fail, operations risks before they arise and escalate issues
• Responsible for all aspects of trade lifecycle process from trade date through and past settlement date
• Ensuring all trade affirm/settlement deadlines are met throughout the day and trade/positions discrepancies are resolved in a timely manner
• Process early listed derivative exercise/assignment activity between our system versus the Prime Brokers. Coordination/processing Option Expiration contra exercise process. Processing listed derivative exercise/assignment activity. Communicating with Prime Brokers any early or contrary exercises. Reconciliation of exercise/assignment activity between our system versus the Prime Brokers
• Back-up coverage for other members within the Operations Product Support team
• Liaison for the Operations group to Fund's administrators and Service Providers to assist them in completing month end NAV reporting as necessary
• Project work at the direction of management
• User testing of systems and application upgrades and development enhancements

Your team
The O'Connor Product Support Operations team based in Chicago, IL supports all aspects of trade processing, settlements, and reconciliations for the our hedge fund trading strategies (Equities / Convertibles / Risk Arbitrage / Long-Short / Credit Trading Strategies / Fixed Income). Your role dictates considerable contact with trading desk portfolio managers, logistics, executing brokers and Prime Brokers.

Your experience and skills
You have:
• a Bachelor's degree
• 2 / 5 years trade support/trade lifecycle experience in equity, fixed income, listed derivatives and trade, cash activity, and position reconciliations
• high level of accuracy and attention to detail while demonstrating excellent communication skills
• great computer skills
• have ability to work independently and within a team in completing daily job tasks
• motivated, self-directed and driven

What we offer
Together. That's how we do things. We offer people around the world a supportive, challenging and diverse working environment. We value your passion and commitment, and reward your performance.

Take the next step
Are you truly collaborative? Succeeding at UBS means respecting, understanding and trusting colleagues and clients. Challenging others and being challenged in return. Being passionate about what you do. Driving yourself forward, always wanting to do things the right way. Does that sound like you? Then you have the right stuff to join us. Apply now.