Are you a dynamic team player with a passion for financial markets? Do you thrive in a multi-product environment with an analytical and risk-aware mindset? Are you eager to expand your expertise beyond cash equities into derivatives, structured products, and financing solutions?
We are seeking a proactive and meticulous candidate to join our South Africa Operations and Trade Support team. This role offers an exciting opportunity to support a diverse range of financial products, including cash equities, derivatives, and financing solutions. In this role, you will:
ensure completeness, accuracy, and timeliness requirements for trade allocations, confirmations, and settlement processes across transaction/position/cash levels, for all asset classes, in accordance with the JSE Rules and Directives
have working/advanced knowledge of equities and derivatives, including options, futures, swaps, and other financial instruments
perform reconciliations by monitoring transactions, identifying breaks, and conducting root cause analysis to sustainably drive down exceptions
provide reporting to internal and external clients, and support projects (including process reviews and change requests)
support the implementation of new products/business requirements, assist with data analysis including testing and rollout
increase STP and efficiency rates by actively engaging with IT and Operations Change teams for digital transformation initiatives thereby reducing risks and strengthening controls
partner with Front Office trading desks for lifecycle issues and queries, acting as the subject matter expert across all asset classes
commit to a culture of continuous learning, transforming, and adapting while remaining client centric
emulate the pillars, principles, and behaviors of UBS
Your team
You'll be working in the Operations and Trade Support team in Rosebank, South Africa. We work closely with all colleagues and key stakeholders to manage the effective booking, settlement and reconciliation of multiple products as well as timely, accurate processing of transactions and events, including booking and handling of queries. Your team plays a vital role in the front to back trade lifecycle.
Your expertise
bachelor's or Honours degree in a related field
3-5 years' experience in financial operations with exposure to derivatives and/or financing solutions (equity and fixed income)
understanding of derivatives products and their confirmation and settlement processes
proficient computer skills including [MS office], with advanced MS Excel
experience of working with middle and front offices to resolve trade queries and issues
good written and verbal communication. Adaptable, organized, and able to adjust communication style to audience
excellent attention to detail and accuracy
ability to demonstrate flexibility, being able to deliver to tight deadlines and manage several priorities at once
Your Advantage
exposure to ETD and prime brokerage services and/or structured products
JSE Settlement Officer Certification
JSE Equity, Derivatives, Bond Certification, or equivalent derivatives knowledge
understanding of JSE regulatory frameworks and their impact on trade processing
Your Skill
proficiency in MS Office (advanced Excel), familiarity with trade platforms (BDA, SLAMS) and tools like Python or SQL is a plus
ability to multitask, work under pressure, and manage competing priorities while maintaining accuracy
adaptable mindset with willingness to engage in digital transformation and process improvement initiatives
good risk awareness and pro-active in managing risk
LI-GB
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. 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.
Contact Details
UBS Business Solutions SA
UBS Recruiting
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.
Beware of fraud agents! do not pay money to get a job
MNCJobs.co.za will not be responsible for any payment made to a third-party. All Terms of Use are applicable.