Operations: currently 788 jobs.The latest job was posted on 22 Oct 14.
This section contains all our operations jobs in financial services firms.
Unlike the people working in the front office of an investment bank, fund manager, or alternative investment house, operational finance professionals don’t liaise with clients to generate revenues and profits for the bank. Instead, the operations division is a support function – operations professionals support people and deal flows in the front office to make sure everything works smoothly and the bank gets paid.
The main business of an operations job is clearing and settling trades. Clearing trades involves making sure that the records one bank has kept of the sale of a financial security match those of the bank or organisation it sold the security to. In most cases, simple trades are cleared automatically through huge electronic systems such as the Brussels-based Euroclear.
Settlements professionals ensure that stocks or shares bought and sold by the bank’s traders are exchanged for the correct amount of money. A settlements job is essentially a processing and controlling position. It involves matching instructions with counterparties, and arranging and monitoring payments.
Settlements covers everything from preparing the documentation required for a sale to making sure the bank has been paid for all the shares it has sold and bought. Settlements professionals also resolve any problems with counterparties if they arise, and they review unsettled trades to ensure timely completion. Many jobs require knowledge of systems such as CCASS, DCCASS and SWIFT, and Euroclear/Clearstream.
With financial services operations increasingly automated, most operations sector jobs involve intervening when electronic systems fail (so-called ‘exceptions’), or devising new ways of making technology systems and operations processes work more efficiently.
Clearing and settlements junior staff spend a lot of time dealing with the exceptions. Their role is to work out what went wrong. A large proportion of simple clearing and settlements work takes place in low cost centres such as Mumbai or the Philippines.
Closer to the trading floor is the role of the trade support officer. This can cover a whole range of different asset classes, from equities and bonds to commodities or derivatives. Trade support officers deal with any queries a trader might have – everything from reconciliation issues to any discrepancies between the various counterparties involved in the trades.
Advanced operations jobs higher up the hierarchy are more strategic in nature. Operations departments employ a lot of project managers and business analysts who look at, for example, ways of streamlining the exceptions process, or working with off-shored teams to determine how to make processes work more efficiently and (further) reduce costs.
It’s not only banks that employ settlements staff – hedge funds settlements professionals, for example, ensure trades are booked and reported to the prime broker/custodian.
• Processing of Account & Check Services products which include but not limited to:
• Account Opening/Maintenance AIX verification and quality review
• eFBS Fees and Charges
• Core Deposit Rate maintenance and Maturity
• Manual/Corporate Payments
• Quality Assurance and related inquiries
• Archival and scanning of documentation
• Anti Money Laundering awareness and reporting it as it relates to your job
• Management and updates of DOIs
• Red Flag awareness and…
My client is a Multi-Bill Multi-Strategy Hedge Fund in Chicago, IL that is looking to identify an Operations Generalist - Corporate Action. The person will be the primary contact for corporate action s(mandatory & voluntary) as well as performing settlements and reconciliation for various securities.
The successful candidate will be working with team members, execution traders and various back office departments. S(he) will be an integral part of the operations team being the primary contact for corporate actions (m…
My client is a Global Investment Bank that is looking for VP - Reporting & Governance. The VP will work with others to implement enhancements to reporting and analysis packages for senior management plus the implementation of improved reporting and data mining tools and metrics.
The VP will work with senior management and other team members to implement enhancements to reporting and analysis packages for senior management forums and committees plus the implementation of improved reporting and data mining tools and metrics. T…
An innovative financial firm is looking for a QA Tester to join their Real Time Market Data team for a full time role located in Princeton, NJ!
Send across to Ivan Murillo at Futures Group via email at email@example.com or call him at 212-244-4220 for more info!
Please Note: Candidates must have prior U.S. work authorization to qualify for this role (U.S. Citizen, Greencard, EAD, Transferable H1B, etc.)
If you do not have prior U.S. work authorization, you will not be considered!
Pioneering Financial firm is seeking a QA Tester …
My client a looking for a highly motivated Middle office individual to join them based in the West End of London.
Ideal candidates need to come from either a Hedge Fund background and have strong product expsosure on as many products as possible - Products include OTC Derivatives/FX/FX Options/Swaps/Swaptions/CAPS/Commodities/Indesx Options/Interest Rate Derivatives - Candidates need to also have strong Pnl Expereince !! This is a fantastic role working for a well respected Hedge Fund - Please send Cv's ASAP
A successful candidate must have the ability to work independently, resourcefully and in an organized manner. They should have experience in the financial services industry, preferably in the area of mutual funds and/or 529 plans. In addition, this candidate must have excellent written and verbal communications skills and a strong work ethic. The position requires the candidate to work extensively with many individuals in different departments across our organization and those of our service provide…
Education media in DC Metro area is currently seeking a Senior AP & AR Analyst. A thorough understanding of the entire month-end/year-end accounting process is key.
We are looking for a detail-oriented individual with a minimum five (5) years of Account Receivable and Accounts Payable experience who will take full ownership of these functions. The applicant should display a positive and proactive attitude, strong organizational skills, the ability to prioritize and multitask, and be a strong communicator, both paper and over the phone. …
Education company in DC Metro area is seeking a Senior Accountant. A thorough understanding of the entire month-end/year-end accounting process is key.
We are looking for a detail-oriented individual with a minimum five (5) years of accounting experience who will be a key member of the existing team. The applicant should display a positive and proactive attitude, strong organizational skills, the ability to prioritize and multitask, and be a strong communicator, both paper and over the phone. This is an experienced (non-manager), full-t…
A hedge fund that have raised significant AUM this year are looking to make a key hire in to its non-investment function.
This is both a unique and hybrid remit for a current operations / trade support analyst. You are to support PM’s directly in a role that is more operations focused in the morning and TA focused in the afternoon. There are juniors that take on more standard operational type responsibilities, ie. cash recs, so your role has the freedom to be more market focused and based around business analysis. The hire is also going t…
A boutique brokerage that expect to double in size next year require a key hire in to its support function.
The directly role directly supports the founder and execution team. You are to be trained up by the hiring manager who is to eventually move in to an alternative function leaving you solely responsible for this remit and with the opportunity to bring in a junior yourself further down the line. In its simplest form you are to book and settle global trades, but beyond this you’ll work closely with a number of external stakeholders / c…
Director – Operations – Process Modelling. A top tier investment bank are undertaking a strategic initiative to improve their front-to-back business processes within their operations function and have a fanatics opportunity for a Director-level Process Modeller to provide modelling expertise across all operations departments.
As a Process Modelling Director you will be responsible for both deep-diving into individual processes to understand their mechanics as well as structuring and leading a large scale change programme to optimise busin…
Would you like to work for a market leading Asset Manager in the City? This firm has a global reach, a phenomenal internal mobility programme and the strongest benefits of all our clients.
Requires someone that can take on a hands on Data Management/Pricing role, ideally you will have strength in the Fixed Income and OTC space.
This is a broad role and therefore should you have exposure to Trade processing, NAV, OTC Derivative valuation experience would be advantageous.
Proven ability to grow into a leadership role would also be…
The Senior Compliance Associate (Guidelines & Data) handles substantive responsibilities relating to monitoring systems and software
The Senior Compliance Associate (Guidelines & Data) handles substantive compliance responsibilities relating to the implementation and management of compliance monitoring systems and software. In addition to monitoring client investment guidelines, the Associate will act as a technology and data liaison between the Compliance Department and other business units utilizing a range of software applications to f…
Macquarie is looking for a Trade Processing & Clearing Reconciliations specialist to join our Fixed Income, Currencies and Commodities team in Chicago
Macquarie's Fixed Income, Currencies and Commodities (FICC) group operates across global physical and financial commodity markets, and primary and secondary financial markets, providing finance, risk solutions and market access to producers and consumers as well as financial institutions and investors.
FICC's comprehensive platform provides trading, risk management, sales, structuring, fin…
A brand new opportunity has arisen in Group Audit for a Head of Audit, Operations and will report into Group Audit COO. The vacancy is ideal for an experienced operations / business manager and offers a rare chance to work at the heart of Tier 1 bank’s control model.
The role offers the successful candidate an excellent opportunity to demonstrate general management capability and evidence potential and readiness for an executive-level COO role.
The Head of Audit Operations role has direct management respon…
My Client, a leading Fund Administration Organisation, is looking for a Depositary Analyst for an immediate start.
I am looking for a Depositary Analyst to take responsbility for a portfolio of different clients. The role will involve elements of Transaction Monitoring, Capital Reconciliation, Investment Reconciliation, Cash Reconciliation, Investment Valuation Review, Investment Ownership Verification, Regulatory Reporting, Safekeeping and New Business (supporting take on of new clients).
The right candidate will have a good grasp of com…
Our client, a well-established Private Equity players in Russia is looking for experienced Chief Operating Officer (COO) - (Operational department and IT), to join the team in Moscow.
Chief Operating Officer (COO) will be responsible for the company’s overall strategic and day-to-day operating activities of the company (Operational department and IT), including revenue and sales growth; expense, cost and margin control; and monthly, quarterly and annual financial goal management.
Work closely with the Heads of the …
Large bank based in Dubai is seeking a Head of Banking Operations for it's expanding banking business - Candidates with International experience is preferred.
"Head of Operations" is responsible for the efficient and effective delivery of repeatable and reliable operations activities covering the following areas:
- Central Operations - Account Services, Clearings, Payments, Cash Management and Reconciliation
- Card Operations - Account Services, Chargeback & Fraud & Reconciliation of the Bank's debit card activities
- Trade Finance Ope…
USD280000 - USD300000 per annum + Benefits + Bonus
Seeking AVP Fund Accountant with end to end fund accounting experience for global fund administrator. Opportunity to work with Hedge, Mutual and Private Equity Funds. Very unique to Dublin Market.
Our client, a boutique fund administrator, is currently seeking an Assistant Vice President - Fund Accountant to join their growing team. This is a highly unique opportunity to join a well-established organisation at a senior level. This role offers significant career progression, a complete client facing service model, as well as a world leadin…
Excellent with Benefits, including Bonus, Pension, Healthcare, Gym and more
Operations is a 200 people department within Global COO supporting all expertise (except REIM) and Client Group in all locations. Our teams are located in all AXA-IM offices: Paris, London, Frankfurt, Luxembourg, Zurich, Orinda, Greenwich, Singapore, Honk Kong and Tokyo
This role is to support client and regulatory reporting production process in the UK : On board new /change of reporting requirements, coordination of reporting design and contribution, control or produce reporting, ensure monitoring and oversight of production and quali…
Middle Office/Operations/Client Services professional with Rates and FX product knowledge sought by international financial institution. NYC.
Our client, an international financial institution, is seeking to hire a middle office and client services professional to join their team in NYC.
The Senior Associate will join a team responsible for managing the daily operations for the firm's US Rates and FX business.
The successful candidate will have 4-5 years relevant financial services experience covering Rates and FX products, and spanning C…
Prestigious Financial Institution is seeking a Bilingual Japanese Sales Assistant to handle Front-Office Operations and to be responsible for creating reports and analysis.
Perform daily Corporate Desk operations and establish strong relationships with other departments (Back Office and Mid-Office) to ensure smooth handling of Money Market and Foreign Exchange transactions
Confirm and input Foreign Exchange and Money Market transactions
Operate booking, risk management, and trading systems as applicable to customer trans…
An exciting Edinburgh based position has arisen within a highly successful asset management organisation.
An exciting Edinburgh based position has arisen within a highly successful asset management organisation. The role holder will be responsible for managing the Business Relationships and Service Delivery from Custodian, Third-Party Investment Administrator, and other appointed agents.
Participate in management of service delivery from Primary Custodian and Third-Party Investment Administrator (TPA), …
A leading investment management business in Edinburgh is looking to recruit an Asset Reconciliation and Operations Associate on a permanent basis.
A leading investment management business in Edinburgh is looking to recruit an Asset Reconciliation and Operations Associate on a permanent basis.
The role holder will be responsible for reconciling Custody positions and OTC trade attributes on a daily basis, researching and resolving any differences in a timely manner and recommending process improvements to ensure efficient and a…
Edinburgh, Scotland, United Kingdom
Permanent, Full time
Updated on: 22 Oct 14