Middle Officer

Union Bancaire Privée · Geneva, Switzerland (TI)
Categoria: Altro Contratto: full-time Salario: CHF 49'500 - 75'000

Role overview

## Missione The Middle Officer in Asset Management acts as the central point of contact for operational queries, ensuring timely client responses and smooth transaction processing. Key responsibilities include trade matching, settlement follow-up, daily reconciliations, collateral management, and issue resolution. The role also involves producing activity reports, collaborating with counterparties, and implementing new processes to enhance operational efficiency.

## Mansioni principali - Act as the central point of contact for operational queries, and always available to respond to our client queries in a timely manner - Securities & FX trade matching, instruction to relevant third parties and settlement follow-up - OTC & ETD trade matching, and clearing monitoring - Produce the daily activity reports to third parties - Perform daily reconciliations of portfolio positions, cash balances and transactions - Breaks analysis, investigation until resolution - Participation in the implementation of new processes and controls - Oversee the daily management of collateral for derivatives - Perform daily reconciliations of collateral balances with counterparties, resolving discrepancies in a timely manner - Collaborate with counterparties, clearing brokers, and custodians to ensure smooth collateral movements and settlements

## Il tuo profilo - +5 years of experience in Asset Management / Operations or FX activities - University degree(s) in accounting, finance and/or business management - Strong knowledge of fund structures, share class operations, and regulatory frameworks (e.g., EMIR, UCITS, AIFMD) - Deep understanding of currency markets, hedging instruments (e.g., forwards, swaps), and collateral management practices

Description

## Missione The Middle Officer in Asset Management acts as the central point of contact for operational queries, ensuring timely client responses and smooth transaction processing. Key responsibilities include trade matching, settlement follow-up, daily reconciliations, collateral management, and issue resolution. The role also involves producing activity reports, collaborating with counterparties, and implementing new processes to enhance operational efficiency.

## Mansioni principali - Act as the central point of contact for operational queries, and always available to respond to our client queries in a timely manner - Securities & FX trade matching, instruction to relevant third parties and settlement follow-up - OTC & ETD trade matching, and clearing monitoring - Produce the daily activity reports to third parties - Perform daily reconciliations of portfolio positions, cash balances and transactions - Breaks analysis, investigation until resolution - Participation in the implementation of new processes and controls - Oversee the daily management of collateral for derivatives - Perform daily reconciliations of collateral balances with counterparties, resolving discrepancies in a timely manner - Collaborate with counterparties, clearing brokers, and custodians to ensure smooth collateral movements and settlements

## Il tuo profilo - +5 years of experience in Asset Management / Operations or FX activities - University degree(s) in accounting, finance and/or business management - Strong knowledge of fund structures, share class operations, and regulatory frameworks (e.g., EMIR, UCITS, AIFMD) - Deep understanding of currency markets, hedging instruments (e.g., forwards, swaps), and collateral management practices

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Information for cross-border workers

Union Bancaire Privée is located in Geneva, Switzerland, Canton of Ticino. Cross-border workers need a G Permit, renewable annually, to work in Switzerland. The Canton of Ticino applies withholding tax at variable rates on gross income, and since 2024 the New Tax Agreement introduces concurrent taxation between Italy and Switzerland.

Swiss social contributions include AVS (5.3%), unemployment insurance (1.1%) and LPP (occupational pension). Use our free tax simulator to calculate your net salary and compare the cost of living between Switzerland and Italy.

Frequently asked questions

What is the net salary for a cross-border worker in Ticino?
Net salary depends on gross income, marital status and number of children. In the Canton of Ticino, withholding tax ranges from about 2% to 15%. In the administration sector in Ticino Use our simulator for a personalised calculation.
Do cross-border workers need Swiss LAMal health insurance?
New cross-border workers since 2024 must enrol in Swiss LAMal within 3 months of starting work. Premiums vary by canton, insurance model and deductible. Compare premiums with our LAMal comparator.