All of our operations jobs in financial services firms are listed within this section.
Unlike the people working in the front office of an investment bank, fund manager or alternative investment house, operational finance professionals don't have direct contact with clients to drive revenues and gain profits for the organization. The operations division exists to support the rest of the business - operations professionals support the other employees and deal flows in the front office to guarantee everything works smoothly so the bank gets paid.
The primary duties of an operations job are clearing and settling trades. Clearing trades is checking that the records one bank has kept of the sale of a financial security match those of the bank or organization that has bought the security. Usually, simple trades are cleared automatically through immense electronic systems such as the Brussels-based Euroclear.
It's the job of settlements professionals to check that stocks or shares bought and sold by the bank's traders are exchanged for the right amount of money. A settlements job is basically a processing and controlling position. They are required to match instructions with counterparties and set up and monitor payments.
Settlements is a wide-ranging job, involving everything from preparing the documentation needed for a sale to checking the bank gets paid for all the shares it has sold and bought. Settlements professionals solve any problems with counterparties and review unsettled trades to speed along completion. For many of these jobs, you'll need knowledge of systems such as CCASS, DCCASS and SWIFT, as well as Euroclear/Clearstream.
Because financial services operations are becoming more automated, most operations jobs only require involvement when electronic systems fail ("exceptions") or developing new, more efficient processes and systems.
Clearing and settlements junior staff includes those who spend much of their time handling the exceptions. Their job is to discover what went wrong. Most simple clearing and settlements work now occurs in more economical centers such as Mumbai or the Philippines.
The position of trade support officer is closer to the trade floor. This position can handle many different asset classes, from equities and bonds to commodities or derivatives. Trade support officers answer any questions a trader could have, including anything from reconciliation problems to discrepancies between the various counterparties involved in a trade.
More advanced operations jobs higher up the career ladder involve much more strategy. Operations departments recruit project managers and business analysts who, for example, work on streamlining the exceptions process or work with off-shore teams to make processes more efficient and cost effective.
Settlements staff are hired in other financial institutions besides banks - as an example, hedge funds settlements professionals check that trades are booked and reported to the prime broker or custodian.
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| Personal Assistant - Management Consulting - Adelaide | PWC Competitive | Australia-Adelaide | 20 Jun 13 |
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See job description for details
| Facilities Assistant - 12 month contract, Core Business Services, Canberra | Ernst & Young Competitive | Australia-Canberra | 18 Jun 13 |
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See job description for details
| Settlements Officer | Macquarie Competitive | Australia-Melbourne | 18 Jun 13 |
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See job description for details
| Analyst, Portfolio Operations | AustralianSuper Negotiable depending upon experience | Australia-Melbourne | 18 Jun 13 |
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Join a leading superannunation and be a key part of the growth of our internal investment team.
| Derivatives Client Service Manager | Northern Trust Company (SG) Competitive with benefits | Australia-Melbourne | 18 Jun 13 |
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The Derivative Consultant ("DC") team has an immediate opening for a Derivatives Client Services Manager. The ...
| Investment Operations Analyst | Randstad Competitive Salary | Australia-Melbourne | 07 Feb 13 |
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A great opportunity to work in a key role for this well regarded organisation
| Executive Assistant | Macquarie Competitive | Australia-Sydney | 20 Jun 13 |
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See job description for details
| Manager, Online business banking solutions - CommBiz | Commonwealth Bank Highly competitive | Australia-Sydney | 20 Jun 13 |
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Develop our Online Business offering into a variety of value adding interactions.
| Senior MoneyOne Support Officer - ANZ Wealth - Wollongong | ANZ Competitive | Australia-Sydney | 20 Jun 13 |
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See job description for details
| Resourcing Assistant, Advisory, Sydney or Melbourne | Ernst & Young Competitive | Australia-Sydney | 20 Jun 13 |
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See job description for details
| Executive Assistant, PCM | HSBC Competitive | Australia-Sydney | 19 Jun 13 |
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See job description for details
| Senior Manager/Associate Director - Transactions Team, Financial Management Group | Macquarie Competitive | Australia-Sydney | 18 Jun 13 |
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See job description for details
| Junior Executive Assistant | Ernst & Young Competitive | Australia-Sydney | 18 Jun 13 |
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See job description for details
| Executive Assistant, Advisory, Sydney | Ernst & Young Competitive | Australia-Sydney | 18 Jun 13 |
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See job description for details
| Executive Assistant - Sydney; 12 month contract | Ernst & Young Competitive | Australia-Sydney | 18 Jun 13 |
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See job description for details
| Executive Assistant - Transaction Advisory - Sydney | Ernst & Young Competitive | Australia-Sydney | 18 Jun 13 |
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See job description for details
| Manager, Online business banking solutions - CommBiz | Commonwealth Bank Highly competitive | Australia-Sydney | 18 Jun 13 |
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Develop our Online Business offering into a variety of value adding interactions.
| Options Administrator | Shaw Stockbroking Competitive | Australia-Sydney | 18 Jun 13 |
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Largest independently owned full service stockbrokers in Australia - immediate start - Sydney CBD location.
| Department Manager, Officer | State Street Not Specified | Australia-Sydney | 30 May 13 |
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As a Department Manager, you will be responsible for the overall management and motivation of your team to m...
| Business Controller | Profiler SA competitive | Belgium-Brussels Region | 18 Jun 13 |
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Our client is a world leader in their industry. To reinforce their Worldwide Headquarters in Brussels, they ar...
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LOOKING FOR A DIFFERENCE, LOOK FOR WIKITREE! We are a young, fast-growing, Business and IT Consulting Compan...
| SA - Sales | Calypso Technology Competitive | Brazil | 29 Apr 13 |
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Sales Executive with direct work experience in the financial markets, enterprise software and/or trade proces...
| Firmwide Operations: Associate, Operations Specialist - Morgan Stanley Canada | Morgan Stanley Competitive | Canada-ON-Toronto | 18 Jun 13 |
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See job description for details
| Process Management and Quality Manager | Michael Page Beijing Competitive salary | China-Beijing | 20 Jun 13 |
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Our client is one of the major players in Auto Financing industry based in Beijing. They are looking for senio...
| Collections Senior Manager | Michael Page Beijing Salary+bonus+allowance | China-Beijing | 20 Jun 13 |
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Our client is a tier one leasing company provides financial solutions to corporate and private clients. They a...
| Head of Business Department | China Minsheng Banking Corporation Limited competitive | China-Beijing | 19 Jun 13 |
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Excellent opportunity to join China Minsheng Banking ( Beijing) as Head of Business Department with mini 8 yea...
| Head of sub-branch | China Minsheng Banking Corporation Limited competitive | China-Beijing | 19 Jun 13 |
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Excellent opportunity to join China Minsheng Banking as Head of sub-branch (available for multiple sub-branche...
| Operations Analyst | UBS Securities Market Competitive | China-Beijing | 27 May 13 |
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The role & responsibility of the candidate mainly covers the day-to-day Clearing & Settlement support for vari...
| Treasury Operations Analyst | UBS Securities Market Competitive | China-Beijing | 10 May 13 |
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Junior Treasury Operation Staff of commercial banks with 3 years of working experience
| Operations Internal Control Analyst | UBS Securities Market Competitive | China-Beijing | 10 May 13 |
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Junior Operations Internal Control Staff