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Operations


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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Showing 1-30 of 255 jobs
Director of PMO - Portfolio of Change Alexander Ash Consulting Contract daily rate up to 1000 per day UK-London 21 May 13

*** Director level individual to create a business case and develop a target operating model (TOM) to create a...

Head of Infrastructure/Infrastructure Manager - Banking - £90K Empiric GBP85000 - GBP90000 per annum + bonus UK-London 21 May 13

Head of Infrastructure/Infrastructure Manager - Investment Banking - £85-90K + bonus Permanent - London

Dealer Trade Support Mason Blake £40,000 - £50,000 UK-London 21 May 13

Looking for at least 5 years experience gained in a buy-side trade support function to support this clients De...

Commodities Director with strong EMIR / Dodd-Frank Reporting knowledge and Project Experience - £80K-£100K Bramwith Consulting £80K-£100K + Benefits + Bonus UK-London 21 May 13

Commodities Director with strong EMIR / Dodd-Frank Reporting knowledge and Project Experience - £80K-£100K

Director - FI Settlements Change International £Excellent UK-Glasgow 21 May 13

Director - FI Settlements - Glasgow

Director Position Services Change International £Excellent UK-Glasgow 21 May 13

Director Position Services - Glasgow

Snr Management Reporting Analyst, PMO Northern Trust £Competitive UK-London 21 May 13

The primary objectives of the role are to ensure that the organization is reporting on all statuses of capital...

Collateral Analyst Cameron Kennedy GBP45000 - GBP50000 per annum + Bonus UK-London 21 May 13

An exciting role within an established AM to be a part of a new collateral function offering the right candida...

HR Manager, Large International Private Equity and Debt Investment Firm, London - 3730 /2F Private Equity Recruitment Competitive UK-London 21 May 13

A large, established international principal investment firm is looking for a HR manager to join its team in L...

Investment Operations Manager Capital Generation Partners £50-£70k + benefits + discretionary bonu... UK-London 21 May 13

A private investment office is seeking to recruit an Investment Operations Manager whose primary responsibilit...

Fixed Income - Senior Investment Liaison Not Disclosed £45,000 - £55,000 UK-London 21 May 13

US Investment Management business are looking to recruit a Fixed Income Senior Investment Liaison Analyst into...

Business Analyst - Regulatory Change Portfolio Newedge competitive + bens + bonus UK-London 21 May 13

DEPARTMENT: PPM JOB TITLE: Business Analyst – Regulatory Change Portfolio RESPONSIBILITIES: Role Specific ...

Analyst - Fixed Income Cash Client Processing Morgan Stanley Competitive UK-Glasgow 21 May 13

See job description for details

Fixed Income Cash Client Processing - Analyst Morgan Stanley Competitive UK-Glasgow 21 May 13

See job description for details

HR Information and Compensation Analyst BGC Partners Competitive UK-London 21 May 13

BGC Partners and Cantor Fitzgerald Europe are seeking an HR Information Analyst. The role involves the manage...

Account Mainenance Change Manager HSBC Global Services Center Competative UK-London 21 May 13

GFX Operations currently seeks a change manager to join the Account Maintenance function. Based in London the...

KYC Analyst - Fluent Italian Charles Levick Excellent + Benefits UK-London 21 May 13

Our client a global investment bank are looking for a number of KYC Analysts to join their expanding team. Suc...

Operations Analyst Orgtel GBP180 - GBP230 per day UK-London 21 May 13

This role is to support all collateral functions including margin calls and disputes interest so previous expe...

Strategy Director Not Disclosed £Competitive UK-London 21 May 13

A FTSE100 Bank seeks to appoint a Strategy Director to assist in the development of a group wide restructuring...

Underwriting Assistant XL Group Competitive Package UK-North West 21 May 13

Due to regional expansion, XL Group are currently recruiting for an Underwriting Assistant for the new Manches...

Global Standards Programme Lead HSBC Global Services Center Competitive UK-London 21 May 13

We are looking for a Programme Lead to work within the global standards group. You will have experience of del...

Operations Analyst - Hedge Fund Hays Specialist Recruitment GBP40000.00 - GBP45000.00 per annum UK-London 21 May 13

A newly created opportunity to work for this highly reputable hedge fund has arisen to support new business.

Chief Operating Officer, leading Special Situations Hedge Fund Not Disclosed up to CHF 150,000 plus excellent bonus UK-London 21 May 13

COO for a highly successful Geneva-based hedge fund. Full management of all operational aspects of the busi...

Oil Risk Analyst Robert Half GBP250 per day UK-London 21 May 13

London based Commodity trading company is looking to hire someone with previous working experience of Physical...

Administrative Assistant, S&P Capital IQ - London TheMcGraw-HillCompanies Not Specified UK-London 21 May 13

S&P Capital IQ combines two of our strongest brands--S&P, with its long history and experience in the financia...

LME Operations Specialist (Metal Exchange / Clearing / VBA) Societe Generale Competitive UK-London 21 May 13

LME Operations Specialist (London Metal Exchange / Clearing / VBA) required by Societe Generale to support the...

Business Analyst – Settlements –Cross Asset Class – Cash Movements – (Contract) S&H Consulting Ltd day rate UK-London 21 May 13

Our Client is a Tier One Global Investment Bank. There is a committed major Change and Transformation initiat...

Business Analyst – Derivatives Clearing - Listed Derivatives - ETD S&H Consulting Ltd day rate UK-London 21 May 13

Business Analyst – Derivatives Clearing - Listed Derivatives - ETD (Contract) Our Client is a tier one bank. ...

Financial Analyst Nomura Competitive UK-London 20 May 13

An opportunity to join Nomura as a Financial Analyst within the Operations CAO Services team.

PnL Analyst / Middle Office - Top 5 Global Hedge Fund Options Financial Recruitment £50-60k + Very Strong Bonus UK-London 20 May 13

Top 5 global Hedge Fund is looking for an accomplished Middle Office Professional to join a small dynamic team...

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