Senior Operations Associate

1 month ago


London, UK, United Kingdom Marlin Selection Recruitment Full time

A great opportunity to join a Financial Services Firm in a Senior Operations role across Stock loan, Repo, Payments and Settlements based in London.


Senior Operations Associate

Location: London, UK

Experience Level: 5+ years

Industry: Financial Services

Department: Operations

Job Overview:

We are seeking a highly motivated and experienced Senior Operations Associate to join our dynamic team in London. The ideal candidate will have over 5 years of experience in settlements, payments, stock loan, and repo operations within the financial services industry. This role is integral to ensuring the efficient execution and processing of transactions, and you will play a key part in optimizing our operations and maintaining our high standards of service.

Key Responsibilities:

  • Settlements:
  • Oversee the end-to-end settlement process for equities and derivatives.
  • Ensure timely and accurate processing of trades, resolving any discrepancies or issues that may arise.
  • Liaise with internal and external stakeholders to ensure seamless trade settlements, minimizing risk and enhancing operational efficiency.
  • Payments:
  • Manage the processing of large-scale payments, including cash movements, margin calls, and collateral management.
  • Ensure compliance with all regulatory requirements and internal policies regarding payment processing.
  • Reconcile payment instructions with settlement accounts and address any payment-related queries or discrepancies.
  • Stock Loan & Repo:
  • Handle the operational aspects of stock loan and repo transactions, including collateral management, trade capture, and lifecycle management.
  • Ensure the accurate and timely settlement of stock loan and repo trades, while maintaining adherence to industry standards and best practices.
  • Work closely with traders, counterparties, and other departments to optimize the efficiency and accuracy of stock loan and repo operations.
  • Risk Management & Compliance:
  • Identify and mitigate operational risks across settlements, payments, and stock loan/repo processes.
  • Ensure compliance with all relevant regulatory requirements, and assist in preparing for audits and regulatory reviews.
  • Contribute to the development and enhancement of internal controls and procedures to reduce operational risk.
  • Process Improvement:
  • Lead initiatives to streamline and improve operational processes, leveraging technology and automation where possible.
  • Collaborate with IT and other departments to implement system enhancements and resolve any operational issues.
  • Provide training and support to junior team members, fostering a culture of continuous improvement and operational excellence.

Qualifications & Skills:

  • Bachelor’s degree in Finance, Business, or related field.
  • Minimum of 5 years of experience in settlements, payments, stock loan, and repo operations.
  • Strong understanding of financial markets, instruments, and regulatory requirements.
  • Proficiency in using settlement systems and payment platforms (e.g., Euroclear, Clearstream, SWIFT).
  • Excellent analytical skills with a keen eye for detail and the ability to solve complex problems.
  • Strong communication and interpersonal skills, with the ability to work effectively with various stakeholders.
  • Experience with process improvement methodologies and a proven track record of driving operational efficiency.



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