Friday , March 1 2024

UBS Jobs – XVA Middle Office

Website UBS

Job Description:

Are you keenly aware of the importance of an effective control framework? Do you thrive in a dynamic and collaborative environment? We’re looking for someone like that to:

Job Responsibilities:

  • collaborate effectively with partner functions to enhance the process and eliminate recurring issues / exceptions
    be responsible for running daily reconciliations and exception reports, flagging and resolving any errors in daily process, identifying and escalating risks
  • facilitate new business initiatives, projects and other change related work.
    take responsibility for appropriate exception escalation and coordinate resolution delivery with relevant parties
  • more specifically you would be responsible for monitoring a new control that looks at day on day cash flow movements for OTC derivatives that is generated by the in-house risk system. The cash flows are used by group treasury for the Liquidity coverage ratio calculation.
  • identify significant drivers of exceptions to facilitate the timely resolution of breaks
    ensure T0 trade data integrity (completeness, accuracy and timeliness)
  • facilitate break / exception remediation with Front Office functions, Finance, and other Operations teams
    be responsible for a suite of controls, facilitating support aimed at the accurate and timely identification of risk exceptions

Job Requirements:

  • a good understanding of OTC derivatives valuations
  • an awareness of when to escalate
  • a good understanding of financial markets, products and processes
  • some familiarity and knowledge of XVA’s and Counterparty Risk
    the ability to identify root causes of issues and drive/ implement changes as required
  • having a pragmatic “can do” attitude
  • a clear communication style
  • an innovative approach to solving day-to-day process problems
  • knowledge of automation tools i.e. Alteryx, Python etc. is beneficial.

Job Details:

Company: UBS

Vacancy Type:  Full Time

Job Functions: Administrative

Job Location: Bengaluru, Karnataka, India

Application Deadline: N/A

Apply Here