WM US Operations Restricted Securities Specialist

UBS - Weehawken, NJ

Part-time

Weehawken, NJ

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

As a Restricted Securities Specialist at UBS, you will play a crucial role in assisting branches with the sale of restricted and control securities in compliance with SEC regulations and insider trading rules. Your responsibilities will include reviewing documents and approving sales requests in accordance with Rule 144, 145, and 701, as well as managing verbal approvals. You will be required to liaise with the company's legal counsel to obtain necessary legal opinions and work collaboratively with branches globally on legend removal requests. This position demands a high level of collaboration across various functions to ensure effective results and compliance with regulatory requirements. In addition to document review and approval, you will be responsible for monitoring daily reports and taking appropriate actions as needed. You will also prepare comprehensive reports for management, ensuring that all transactions are documented accurately. A key aspect of your role will involve Edgar 144 electronic filing, which is essential for maintaining compliance with regulatory standards. The Restricted Sales team, which you will be a part of, is dedicated to performing due diligence and reviewing the necessary documentation to facilitate the removal of legends on restricted stock, ensuring that we provide an excellent client experience, especially given the high dollar and large quantity nature of the transactions involved.

Responsibilities

• Review documents and approve sales requests pursuant to Rule 144, 145, and 701.
• Contact the company's counsel to obtain legal opinions.
• Work with branches globally on legend removal requests.
• Collaborate across functions to achieve results.
• Review daily reports and take necessary actions.
• Prepare reports for management.
• Handle Edgar 144 electronic filing.

Requirements

• 5 years of experience in financial industries.
• 3-5 years of experience in a similar Restricted Sales role.
• Knowledge of the Brokerage and/or Custody industry.
• Effective communication skills, particularly in dealing with the company's counsel and transfer agents.
• Ability to multitask in a demanding environment.
• Strong collaboration skills with internal and external partners.
• Proficiency in Word, Excel, and PowerPoint.