Business Unit Controller: Equity Derivatives

Description UBS is a client-driven global financial services firm. Corporate Center partners with the business divisions to ensure that the firm operates as an effective and integrated whole with a common vision and set of values.DescriptionUBS Investment Bank is seeking a financial analyst (preferably with equity/control experience) to work as part of the Equity Derivative Business Unit Control team. This role is part of a ten person team responsible for:

• Verifying, analyzing and reporting daily P&L
• Valuation of OTC options, structured trades, ETD and listed products
• Accounting for all aspects of the equity derivative business
• Ensuring all systems correctly represent trading positions
• Ad hoc projects driven by BUC and the equity business
• Furthermore, there is potential for supervisory of up to four

The initial responsibilities of the role will include verification of bookings in settlement systems and accounting for the following products relating to the trading of the Structured Products and Market Making trading books: Exotic options, Equity linked notes, Equity structured trades, vanilla OTC options, Equity swaps, Interest Rate swaps, Stocks, ETD options, ETF's, Equity, Currency and Interest Rate futures, and Term Loans. Other responsibilities of the role include:

• Preparation, analysis and reporting of daily P&L and daily/monthly commentary as required
• Interaction with Business Mgmt, Traders, Operations, IT, Tax, Regulatory, Accounting, Reporting and Risk Management and building relationships with these groups
• Recommending ways to improve information flow, P&L reporting, and value to management is key.

Monthly closing tasks include:

• Reconciliation of bookings to operational systems to ensure accuracy of numbers feeding the ledger.
• Monthly Reconciliation of P&L Reports.
• Review of Ops reconciliations to ensure material items are appropriately adjusted to books and records.
• Review and signoff of business unit balance sheets.
• Ad hoc requests and analysis.

The business is fast moving and is growing in terms of size and complexity, thus requiring a proactive, dynamic, innovative and motivated individual to join the team and to quickly take on the above responsibilities. To add maximum value, the role will also require an understanding of and contribution to the other functions of the wider BUC/Finance group.Requirements

• Four year bachelors degree or international equivalent
• 3 to 5 years of accounting or audit experience, preferably in the banking sectorPreferred Qualifications
  • Familiarity with Microsoft Office suite (Word, Excel, Access)
  • Knowledge of Microsoft Excel
  • ndergraduate Degree (or equivalent) in Accounting/Finance or Economics
  • CPA or equivalent is preferred but not mandatory
  • Public accounting experience desired
  • Knowledge of Microsoft Access would be helpfulOur OfferingUBS can offer you an environment geared towards performance, attractive career opportunities, and an open corporate culture that values and rewards the contribution of every individual.It starts with youWe can offer you an exciting, fast-paced working environment, a culture of mutual respect and teamwork and the opportunity to play a vital role in our growth. If you are attracted to joining an organization where every individual's contribution counts and where your talent will impact on our future, please apply for this position. It starts with you.Disclaimer / Policy StatementsUBS is an equal opportunity employer. We respect and seek to empower each individual and the diverse cultures, perspectives, skills and experiences within our workforce.