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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SunGard a Fortune 500 Company and Global Leader in Financial Systems Software are currently seeking a Procurem...
| Client Support Specialist | TradingScreen Inc Competitive | UK-London | 23 May 12 |
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Focus on providing technical and business support for TradingScreen's electronic trading platform service for ...
| AVP level Reference Data Business Analyst (operations change management) | Alexander Ash Consulting 45,000-75,000 depending on experience (A... | UK-London | 23 May 12 |
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This Tier 1 Investment Bank are looking for a strong business analyst (BA) to join their reference data team w...
| Reconciliations Cash and Stock Supervisor | Ambition £40000 - £50000 per annum | UK-London | 23 May 12 |
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Reconciliations Supervisor opportunity with an established City Asset Manager .
| Junior Operations Trade Support – Leading Global High Frequency Trading Firm – London | NJF Search International Up to £70k base + bonus | UK-London | 23 May 12 |
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This is a unique opportunity to join a leading player in the high frequency trading space at a junior level, o...
| Managing Director - Corporate Services | NEST (National Employment Savings Trust) Market Competitive | UK-London | 23 May 12 |
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Reporting directly to the Chief Executive, the Managing Director of Corporate Services is a crucial role for N...
| Business Support Manager - Operations | NEST (National Employment Savings Trust) competitive | UK-London | 23 May 12 |
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Responsible for providing operational and strategic support to the Director and has a central role ensuring th...
| Infrastructure Windows Linux Project Manager | Huxley Associates £50000 - £70000 per annum + BONUS | UK-London | 23 May 12 |
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Infrastructure Windows Linux Project Manager/ Programme Manager Banking/ Finance London £65k Immediate and exc...
| Transaction Reporting Analyst | UBS AG Competitive | UK-London | 23 May 12 |
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We're seeking a transaction reporting specialist with great appreciation for change and process improvement.
| Operations Analyst | O'Connell Resourcing £30 - £40k range | UK-London | 23 May 12 |
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Opportunity to work as part of a small and very busy operations team supporting a well-established and diverse...
| Change Program Manager – COO/Risk | UBS AG Competitive | UK-London | 23 May 12 |
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We are looking for an experienced Programme Manager with exposure to complex change programmes within Investme...
| COO Commodities - Base Metals & Agriculture (VP/ED) | Morgan Stanley competitive | UK-London | 23 May 12 |
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Morgan Stanley is looking for a talented Chief Operations Officer (COO) to support the Base Metals and Agricul...
| FSA Transaction Reporting Analyst | Standard Chartered Bank Competitive daily rate | UK-London | 23 May 12 |
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Operations - FSA Transation Reporting - Regulatory Reporting - Maternity Cover - City of London - Bank
| OTC DCC Clearing Trade Support | Morgan Stanley Competitive | UK-London | 23 May 12 |
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This is an exciting opportunity for an Analyst or Associate to join the growing Derivative Client Clearing Op...
| Business Analyst Needed (Payments, Back Office, Investment Banking, Global) URGENT! | McCabe & Barton £500 per day | UK-London | 23 May 12 |
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A global Investment Bank require a strong Business Analyst to define strategy, gather requirements and creatin...
| Senior Regulatory Reporting Business Analyst £110k | Huxley Associates £50000 - £90000 per annum + BONUS | UK-London | 23 May 12 |
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Senior Regulatory Reporting Business Analyst London £110k Senior Regulatory Reporting Business Analyst Commodi...
| Transition Coordinator | Morgan McKinley NA | UK-London | 23 May 12 |
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A Leading Asset Manager requires a Transition Coordinator to join its London based Operations management team.
| Freelance Trainer - Financial Training | Euromoney Financial Training UK & Ireland Excellent | UK-London | 23 May 12 |
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Euromoney Financial Training is looking for experienced external trainers to develop and deliver financial tra...
| Business Analyst - Operations Migration | Alexander Ash Consulting Day Rate | UK-London | 23 May 12 |
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Our client is a leading tier 1 investment bank looking for a detailed Business Analyst within their Emerging M...
| TS Client Service - Client Service Representative (Russian Speaker) - Clerical - Based in Bournemouth | J.P.Morgan Competitve | UK-South West | 23 May 12 |
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Please see the job description
| Client Reporting Clerk | Cameron Kennedy £3500 - £40000 per annum + Bonus and Ben... | UK-London | 23 May 12 |
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Top London Investment Manager is looking for a Client Reporting Administrator with strong industry knowledge t...
| Fund Administrator | Morgan McKinley NA | UK-London | 23 May 12 |
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A Global leading Asset Manager requires a Fund Administrator to join in London based team.
| Corporate Actions/ Dividends BUY SIDE and Custody | Kennedy Pearce excellent | UK-London | 23 May 12 |
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My client, a top AM house are looking for a corporate actions/ Dividends person.
| Analyst, Operations - Cobham, Surrey | Wells Fargo Excellent package | UK-London | 23 May 12 |
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Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, m...
| Rates Exotics Middle Office Specialist | Hays Financial Markets Up to £60k | UK-London | 23 May 12 |
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Leading Investment Bank is currently recruiting for a Rates Exotics Middle Office Specialist. Candidate would...
| Contracts Administrator | Commodity Appointments Ltd Market rate | UK-London | 23 May 12 |
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A metals trading company require a Japanese speaking Contracts Administrator to join their team in London. The...
| Rates Exotics Bookrunner | Not Disclosed £45 - 55 | UK-London | 22 May 12 |
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My client a leading investment bank is looking to hire Exotics bookrunner to join their EMEA Exotics Risk Mana...
| BA Regulatory Strategy | Alexander Ash Consulting £540 p/d | UK-London | 22 May 12 |
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Our Client – Large Global Tier One Investment Bank is looking for individual for a role – Business Analysis fo...
| VP Risk Manager | Hays Financial Markets £Highly Competitive | UK-London | 22 May 12 |
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Major Investment Bank in the City is looking to hire someone to join their newly established Credit Risk team.
| Business Analyst - Contact Centres | Change International NA | UK-Glasgow | 22 May 12 |
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Business Analyst - Contact centres programme .