What are the responsibilities and job description for the Trade & Processing Specialist position at UBS?
Your role
Are you interested in making an impact in the fast-paced world of foreign exchange? Join a team where your attention to detail and problem-solving skills play a valuable role in global financial markets. Find out how you can make an impact.
You will play a key role in ensuring accurate and timely processing of FX & MM transactions. In this role, you will support the business, manage post-trade processes, mitigate operational risk, and adhere to control frameworks while maintaining compliance with internal policies and regulatory requirements.
Responsibilities:
Full Time
Job Reference #
334524BR
City
Raleigh
Your team
You will be a part of the Investment Bank (IB) Foreign Exchange and Money Market team based in Raleigh, North Carolina, collaborating with global teams to support all pre-settlement, settlement, and post-settlement FXMM Operations processes.
Your expertise
UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. We also provide diversified asset management solutions and focused investment banking capabilities. Headquartered in Zurich, Switzerland, UBS is present in more than 50 markets around the globe.
We know that great work is never done alone. That’s why we place collaboration at the heart of everything we do. Because together, we’re more than ourselves. Want to find out more? Visit ubs.com/careers.
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.
Are you interested in making an impact in the fast-paced world of foreign exchange? Join a team where your attention to detail and problem-solving skills play a valuable role in global financial markets. Find out how you can make an impact.
You will play a key role in ensuring accurate and timely processing of FX & MM transactions. In this role, you will support the business, manage post-trade processes, mitigate operational risk, and adhere to control frameworks while maintaining compliance with internal policies and regulatory requirements.
Responsibilities:
- Trade Settlement & Confirmation
- Ensure accurate and timely settlement of FX (spot, forward, swap, NDF, options) and MM transactions.
- Perform trade validation.
- Manage confirmation processes—including paper, SWIFT, and electronic confirmations (e.g., FXAll, Mysis, GTSS)
- Resolve trade breaks and unmatched confirmations promptly.
- Intraday Payment Processing
- Generate and release settlement payments (MT103/202) through the payment platforms.
- Monitor incoming/outgoing cash flows to ensure settlement obligations are met on value date.
- Coordinate with Reconciliation teams to investigate and resolve cash breaks.
- Business & Stakeholder Interaction
- Communicate professionally with internal partners (Trading, Sales, Middle Office).
- Interact with external counterparties, custodians, and settlement banks regarding trade or payment inquiries.
- Risk & Controls
- Identify, escalate, and mitigate settlement risk, operational risk, and market cut off risk.
- Ensure adherence to regulatory requirements related to reporting, confirmations, and recordkeeping.
- Break Investigation & Resolution
- Investigate and resolve settlement discrepancies, fails, and breaks.
- Work with senior analysts, counterparties, and internal teams to resolve issues promptly.
- Process Improvement & Technology
- Participate in process improvement initiatives.
- Support control enhancements and participate in deliveries.
- Learn and adopt new tools, technologies, and best practices over time.
Full Time
Job Reference #
334524BR
City
Raleigh
Your team
You will be a part of the Investment Bank (IB) Foreign Exchange and Money Market team based in Raleigh, North Carolina, collaborating with global teams to support all pre-settlement, settlement, and post-settlement FXMM Operations processes.
Your expertise
- Bachelor’s degree in Finance, Business, Economics, Accounting, or related field.
- ideally 1–2 years of relevant internship/work experience
- Understanding of FX derivative and Money Market products and settlement processes
- Experience with trade validation and confirmation methods (paper, SWIFT, and electronic platforms)
- Ability to identify, investigate, and resolve trade breaks and unmatched confirmations promptly
- Familiarity with payment platforms and MT103/202 settlement instructions
- Excellent organizational skills, attention to detail, and ability to work under pressure in a dynamic environment
- Strong communication skills to partner effectively across functions
- Competency with Excel (pivot tables, filters, formulas).
- Team player with willingness to learn and take on new responsibilities.
UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. We also provide diversified asset management solutions and focused investment banking capabilities. Headquartered in Zurich, Switzerland, UBS is present in more than 50 markets around the globe.
We know that great work is never done alone. That’s why we place collaboration at the heart of everything we do. Because together, we’re more than ourselves. Want to find out more? Visit ubs.com/careers.
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.