Junior Middle Officer - Oversight External Manager (temporary mission)

UBP - Union Bancaire Privée; Genf; On-site; CHF 15,000 - 23,000; Full time

Job summary

UBP - Union Bancaire Privée seeks a Middle Officer for External Portfolio Manager Oversight in Geneva. The role supports daily and periodic controls on an alternative investment platform and strengthens oversight of external portfolio managers.

You will engage in NAV validation, P&L reviews, fee verification, and regulatory reporting, gaining practical exposure to investment operations and risk management. Fluent in French and English required.

Qualifications

• First internship or initial experience in Finance, Asset Management, Investment Operations, Fund Accounting or a related field.
• Fluent in French and English; good communication with internal and external stakeholders.
• Ability to follow procedures rigorously and identify operational risks.

Responsibilities

• Review NAV calculations from fund administrators and external portfolio managers, investigate discrepancies and resolve within deadlines.
• Review investment book P&L and explain movements, differences and variances.
• Monitor share class performance, hedging ratios, and related calculations.
• Validate management fees, performance fees, fund expenses and other billing elements.
• Oversee risk and regulatory reporting and monitor capital activity.
• Liaise with portfolio managers, custodians, and internal departments to resolve operational issues with data quality.

Skills

Excel knowledge

Analytical mindset

Detail-oriented

Education

University degree or ongoing studies in accounting/finance/economics

Tools

Microsoft Excel

Job description

Middle Office Asset Management Team

The Middle Office Asset Management team supports the operational activities of the alternative investment platform and ensures that the activities performed by external portfolio managers and other service providers are properly monitored and controlled.

Middle Officer – External Portfolio Manager Oversight

The Middle Officer – External Portfolio Manager Oversight will support the team in performing daily and periodic operational controls. The role offers the opportunity to develop practical knowledge of alternative investments, fund structures, investment operations and the oversight of external portfolio managers.

Main responsibilities

• Reviewing and challenging NAV calculations received from fund administrators and external portfolio managers, investigating material discrepancies and ensuring that issues are resolved within the required deadlines.
• Reviewing the investment book P&L and investigating unexplained movements, valuation differences and other material variances.
• Monitoring share class performance and ensuring that performance information is consistent. Reviewing hedging ratios and related calculations.
• Validating management fees, performance fees, fund expenses and other billing elements.
• Overseeing risk and regulatory reporting.
• Monitoring capital activity.
• Reviewing counterparty exposure reports.
• Reviewing invoices and billing information and ensuring that discrepancies are investigated and resolved.
• Liaising with external portfolio managers, fund administrators, custodians, clearing brokers, counterparties and internal departments to resolve operational issues
• Monitoring collateral and derivatives margin requirements, including margin calls, collateral movements and related reconciliations.
• Contributing to the review and improvement of procedures, checklists and operational controls.

Your Profile

• First internship or initial experience in Finance, Asset Management, Investment Operations, Fund Accounting or a related field.
• University degree or ongoing studies in accounting, finance, economics, business administration or a related discipline.
• Interest in alternative investments and investment operations.
• Good knowledge of Excel and ability to work with data.
• Interest in using technology, automation and artificial intelligence tools to improve processes and controls.
• Strong analytical and detail-oriented aptitude, with a willingness to learn and develop.
• Ability to follow procedures rigorously and identify and escalated operational risks.
• Good communication skills, both written and verbal, and ability to collaborate effectively with internal and external stakeholders.
• Good team player, enthusiastic and committed to learning.
• Ability to work under pressure and deliver results within tight deadlines.
• Fluent in French and English.
• Others- Swiss Residence

Core Competencies

Core Competencies : Adherence to the company’s values: Dedication, Conviction, Agility and Responsibility - Compliance with regulations and internal directives