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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| Senior Quant Risk Specialist - Operational Risk – Risk Management - Investment Bank - New York, NY | GQR Global Markets Up to $150,000 USD (DOE) + competitive b... | New York, NY, 10001 | 21 May 12 |
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This group is expanding and looking for a Senior Quantitative Analyst within their Risk Management group. The ...
| Back Office / Middle Office - Data Manager | Not Disclosed competitive | Italy-Lombardia | 21 May 12 |
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Independent and international firm focused on delivering a wide set of state-of-the-art wealth management serv...
| Data Manager Financial Risque Management (h/f) | Banque Internationale à Luxembourg Compétitive | Luxembourg | 21 May 12 |
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Nous recherchons un/une : « Data Manager Financial Risque Management » au sein du Département : « Risk Manage...
| Change Manager - Relocations | Change International £300 - £400 per day | UK-Glasgow | 21 May 12 |
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Change Manager - Relocations/Migrations .
| Reconciliation Analyst | Robert Half Financial Service Group DOE | Chicago, IL, 60601 | 21 May 12 |
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Reconciliation Analyst
| Operations Manager From Credit Products Background Required For Leading Hedge Fund | Selby Jennings Risk Team Excellent Competitive Base Salary + Bonu... | UK-London | 21 May 12 |
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- Senior Operations Manager | credit products - London - Excellent Competitive Base Salary + Bonus & stock o...
| Operational Risk Manager – EMEA Operations | Hudson Banking £55,000 - £75,000 | UK-London | 21 May 12 |
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Due to an international internal movement my investment banking client has an opening in their Operational Ris...
| CDD Gestionnaire BO crédit corporate (H/F) | Crédit Foncier Fixe | France-Paris | 21 May 12 |
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Le Crédit Foncier recherche pour une mission de 4 mois (CDD) un gestionnaire back office sur le financement de...
| Trade support/Middle Office | Mirage Recruitment Limited Competitive | UK-London | 21 May 12 |
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A middle office position has become available at an extremely well established (multi billion $) Hedge Fund. A...
| IT Portfolio and Governance Director/Executive Director –Investment Bank | Aptitude Asia Excellent | Hong Kong SAR | 21 May 12 |
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A top-tier investment bank is hiring a IT Portfolio and Governance Director/Executive Director to drive the in...
| Institutional Client Reporting | Kennedy Pearce excellent | UK-London | 21 May 12 |
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My client, a top AM firm are looking to fill and institutional client reporting role.
| Equity Index Corporate Action Maintenance Team Lead | MSCI Inc. . | Philippines | 21 May 12 |
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We are currently seeking a Team Lead to join our "Equity Index Corporate Action Maintenance" team in Manila, P...
| Middle-Office Rétrocessions – (H/F) | FED Finance fixe | France-Paris | 21 May 12 |
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Fed Finance, cabinet entièrement dédié à l'intérim et au recrutement des métiers de la finance recherche pour ...
| Chief Operations Officer - Leading Hedge Fund - Hong Kong | Not Disclosed Excellent + bonus + benefits | Hong Kong SAR | 21 May 12 |
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One of Europe's largest and most successful hedge funds seeks a highly business focused and talented Chief Ope...
| Senior Operations Analyst - Global Top Tier Hedge Fund | Not Disclosed Industry Leading | UK-London | 21 May 12 |
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One of Europe's largest and most profitable hedge funds seeks a bright, professional Operations Analyst with p...
| Middle Office Contrôle de ratios en CDI (H/F) | FED Finance fixe + variable | France-Paris | 21 May 12 |
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Fed Finance, cabinet entièrement dédié à l'intérim et au recrutement des métiers de la finance, recherche pour...
| Head of Banking Technology and Operations | Not Disclosed Competetive | UAE-Dubai | 21 May 12 |
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Technology and Operations Head will oversee all areas of relevance within the banking group.
| Corporate Actions Specialist, ?ustody and Clearing Operations, Temporary - based in Moscow | J.P.Morgan Competitve | Russia-Moscow | 21 May 12 |
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Please see the job description
| Corporate Actions Specialist, ?ustody and Clearing Operations - based in Moscow | J.P.Morgan Competitve | Russia-Moscow | 21 May 12 |
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Please see the job description
| TS Technology - Database Consultant / Application Developer - VP - Based in Bournemouth | J.P.Morgan Competitve | UK-South West | 21 May 12 |
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Please see the job description
| Account & Reference Data Analyst - Officer (Based in Bournemouth) | J.P.Morgan Competitve | UK-South West | 21 May 12 |
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Please see the job description
| Product Specialist - Direct Custody & Clearing - AVP (Based in Riyadh, Saudi Arabia) | J.P.Morgan Competitve | Saudi Arabia-Riyadh | 21 May 12 |
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Please see the job description
| Assistant Trustee Manager -- Officer/ AVP (Based in Stockholm, Sweden) | J.P.Morgan Competitve | Sweden-Stockholm | 21 May 12 |
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Please see the job description
| IB F&BM - Branch Financial Controller - Associate - Riyadh, Saudi Arabia | J.P.Morgan Competitve | Saudi Arabia-Riyadh | 21 May 12 |
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Please see the job description
| Custody & Clearing Product Delivery: Program Manager for DCC MENA Expansion - VP (Based in London) | J.P.Morgan Competitve | UK-London | 21 May 12 |
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Please see the job description
| Regional Head Operational Risk Top Tier bank Location; | Singapore | | Carlton CP excellent | Singapore | 21 May 12 |
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My client is a leading global Top Tier bank who is currently searching for a Regional Head of Operational Risk...
| Payments Officer – Zurich Centre | Swisslinx AG Very Competitve | Switzerland-Zurich | 21 May 12 |
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On behalf of our client, a well known financial bank based in central Zürich, Swisslinx is currently seeking a...
| Audit Manager | Oliver James Associates £50000 - £55000 per annum | UK-London | 21 May 12 |
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A leading payment and merchant services provider with global operations is currently looking to bolster their ...
| CFO / Head of Finance | Switzerland / Zurich | | Not Disclosed Highly competitive | Switzerland-Zurich | 21 May 12 |
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Zurich: My client is a top Hedge Fund that is looking for a head of finance / CFO.
| Commodity Operations Manager | Specialized Group Singapore (Licence No. 10C3700) Basic + Bonus | Singapore | 21 May 12 |
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Leading Global Private Trading House is looking for a experience team leader to manage their regional operatio...