Network Manager - Market Management London, England
UBS
Full Time
London, England
71218 - 87789 GBP ANNUAL Today
Job description
United Kingdom
Operations
Group Functions
Job Reference #
270639BR
City
London
Job Type
Full Time
Your role
Do you have a commercial mindset? Are you interested in strategic market developments? Are you keen to challenge and uphold best in class service from our providers? We’re looking for someone like that who can:
- manage commercial ownership of all securities and cash product related spend, managing fee negotiations, cost avoidance and reduction. Achieving spend and unit cost transparency leading to accurate forecasting.
- executing securities related project with multiple stakeholders, both internal and external
- manage interfaces to business stakeholders and provide cross divisional coordination and support
- actively engage with internal stakeholders to understand business requirements, supporting and coordinating initiatives and enabling access to providers' product developments and initiatives.
- maintain and manage relationships with providers (agents, market counterparties and market infrastructures), allowing a holistic view of relationships across all entities and products
- through active stakeholder engagement, project and change management, achieve commercial best practices for the group. Extracting improved risk/service/innovation value from the managed supplier relationships (providers and utilities) as well as cost reductions.
- analyze impact on industry regulatory changes for the UBS group, maintain awareness of current market activity, keeping an eye on how this aligns with key risks
Your team
You’ll be working in the Network and Market Infrastructure Market Management team in London.
We are responsible for the network of relationships with third party post trade providers' including agent banks and market utilities (CSD, CCP) that UBS contracts with to provide custody, clearing, and settlement services. NMI is responsible for provider strategy, commercial management, delivery of cost savings, account inventory maintenance (including opening and closure), processing of invoices, market intelligence, and adherence to regulatory requirements.
You will be required to manage Agent Banks and Markets within the EMEA region, in accordance with UBS policy, Operations Risk framework and regulatory requirements
We are responsible for the network of relationships with third party post trade providers' including agent banks and market utilities (CSD, CCP) that UBS contracts with to provide custody, clearing, and settlement services. NMI is responsible for provider strategy, commercial management, delivery of cost savings, account inventory maintenance (including opening and closure), processing of invoices, market intelligence, and adherence to regulatory requirements.
You will be required to manage Agent Banks and Markets within the EMEA region, in accordance with UBS policy, Operations Risk framework and regulatory requirements
Your expertise
- an understanding of post-trade banking operations and third party provider landscape
- an appreciation of the impact of regulatory guidelines and requirements, especially FCA CASS rules
- focused on risk management and remediation
- keen to synergize ideas within a global forum
- able to assess new ideas and provide implementable solutions
- a strong communicator and comfortable in challenging peers and senior stakeholders
#LI-Hybrid
- LI-GB
About us
UBS is the world’s largest and 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.
With more than 70,000 employees, we have a presence in all major financial centers in more than 50 countries. Do you want to be one of us?
With more than 70,000 employees, we have a presence in all major financial centers in more than 50 countries. Do you want to be one of us?
Join us
At UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.
From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we’re more than ourselves. Ready to be part of #teamUBS and make an impact?
From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we’re more than ourselves. Ready to be part of #teamUBS and make an impact?
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.
