OTC Derivative Operations

2 months ago


London, United Kingdom Leverton Search Full time

A leading and successful asset manager is hiring a Derivative Operations Analyst. The role includes managing OTC settlements and lifecycle events for OTC derivative products. Day to day involves trade capturing, lifecycle processing, daily reconciliations, and new product implementation. If you currently work in investment operations, within the derivatives space, this could be a great opportunity for you.


The role:

  • Manage OTC derivative settlements, including resets, unwinds, and lifecycle events
  • Handle trade and reconciliation discrepancies
  • Collaborate closely with brokers, vendors, service providers, client teams, trading, and tech departments to ensure accurate trade capture and event processing
  • Review OTC trade communication for accurate trade capture and amendments
  • Resolve queries from dealers, service providers, and client agents
  • Support internal teams with OTC derivative queries and audit requests
  • Process exceptional events impacting OTC derivatives, such as credit events and corporate actions
  • Assist with margin, collateral, and clearing activities.
  • Identify and implement process improvements
  • Maintain high work quality and accuracy, adhering to risk and control frameworks


The ideal candidate:

  • Experience in back or middle office operations within asset management
  • Collateral and Margins experience is preferable.
  • Must have extensive derivatives experience, this is essential
  • Excellent interpersonal skills for teamwork and management interaction
  • Organized, motivated, and strong problem-solving abilities
  • This role requires a proactive approach to improving workflows and technology for efficiency.
  • Technical proficiency in Excel and SQL


At our company, we prioritise equity throughout the entire recruitment process. We are committed to ensuring fairness and equal opportunities for all candidates. If there is anything we can do to make the process more accessible to you, please don't hesitate to let us know.


Unfortunately, due to the large number of applications for this role, we may not be able to contact you if you don’t fit the role.



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