Mutual Funds Core Processing Specialist

Overview

Mutual Funds Core Processing Specialist sought to guide and oversee the Mutual Fund Operations teams. This role is pivotal in ensuring operational excellence, resolving complex mutual fund and 529-related issues, and managing escalations with precision and care.

• Lead resolution of complex mutual fund and 529-related client issues, ensuring high-touch service delivery for top-tier advisor teams.
• Manage and triage escalations from advisors and internal stakeholders, driving timely and effective resolution.
• Investigate and resolve breaks and discrepancies, escalating as needed to maintain service continuity.
• Oversee daily reconciliation of mutual fund positions and transactions at both the CUSIP and account level.
• Provide oversight and guidance to offshore teams, ensuring adherence to SLAs, quality standards, and process documentation.
• Facilitate cross-functional communication with operations, technology, and compliance teams to support reconciliation and issue resolution.
• Engage with external parties such as fund companies, custodians, and counter parties to resolve inquiries and exceptions.
• Support audits, internal controls, and process improvement initiatives related to reconciliation and transfer processes.
• Document procedures and contribute to training materials for both onshore and offshore teams.

• Bachelor’s degree in Finance, Accounting, Business, or related field.
• Ideally 5+ years of experience in an operations environment; knowledge of reconciliation, trade corrections, 529 plan processing, and/or ACAT processing is a plus.
• Strong understanding of mutual fund products, CUSIP-level data, and account structures.
• Experience working with offshore teams and managing cross-functional communication.
• Excellent problem-solving, organizational, and interpersonal skills.
• Ability to work independently and manage multiple priorities in a fast-paced environment.

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

US Only:
The expected salary range for this role is $90,000 to $120,000 based on factors including, but not limited to, experience, qualifications, education, location and skill level. Please see the Your role section for detailed salary information.

At UBS, our people with diverse skills and experiences drive our ongoing success. We’re dedicated to our craft, with 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. We also recognize that collaboration is at the heart of everything we do.

We’re committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can contact us.

UBS is an Equal Opportunity Employer. We respect and empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.