Apprenticeship - Product operation specialist

About the role

This apprenticeship role involves managing Private Equity product operations including transaction processing, reconciliation, settlement, and corporate actions within UBS's Securities Operations team in Paris.

Responsibilities

• Monitor capital calls following client subscriptions.
• Execute and register transactions with issuers and registrars.
• Process subscription transactions and update commitments and capital calls.
• Handle distribution payments and related cash events.
• Coordinate onboarding and security setup of new Private Equity products.
• Update Net Asset Values (NAVs) timely with Static Data team coordination.

Additional Responsibilities

• Reconcile positions in UBS systems against issuer and registrar records.
• Coordinate asset transfer activities and ensure accurate booking and settlement.
• Manage settlement activities and follow up on outstanding transactions.
• Process and monitor Corporate Actions for Private Equity and alternative investments.
• Investigate and resolve breaks, discrepancies, and exceptions.
• Ensure compliance with operational procedures and escalation processes.

Team

• Part of the OPS back office Securities team based in Paris.

Candidate Expertise

• Strong understanding of Securities Services and Asset Servicing activities.
• Knowledge of settlement and custody processes in domestic and international markets.
• Familiarity with equities, bonds, funds, Private Equity, and alternative investments.
• Understanding of Corporate Actions processing and operational impacts.
• Experience in Asset Transfers and settlement processes is advantageous.

Skills and Attributes

• Strong attention to detail and accuracy.
• Ability to manage complex cases and resolve issues.
• Strong organizational skills and ability to work under tight deadlines.
• Effective communication with internal and external stakeholders.
• Team-oriented with strong collaboration skills.
• Analytical and problem-solving abilities with critical thinking mindset.