A global investment bank is seeking an Operations Officer to join a busy and collaborative Operations team responsible for end-to-end back-office processes across a broad range of capital markets products.
This role is ideal for someone with strong attention to detail, experience in back-office operations, and an interest in supporting funding, trading, and treasury activities for a large financial institution.
The role is based in the City of London and will be an initial 6-month contract position, they are able to offer hybrid working (3 days per week onsite, 2 days working from home). The daily rate for the role is up to £360 per day via an Umbrella company (inside IR35).
Key Responsibilities
Back Office Operations
You will support the full lifecycle of a wide variety of financial products, including medium- and long-term funding instruments, deposits, intragroup lending, and hedging derivatives such as IRS, CIRS, and FX. Responsibilities include:
*Processing deal tickets, confirmations, and associated payments.
*Managing transaction booking in systems such as CALYPSO.
*Handling settlement activities, including SWIFT payments, cut-off monitoring, and settlement instruction matching.
*Processing corporate actions and managing broker invoice reconciliations.
*Overseeing the issuing of bonds, covered bonds, certificates of deposit, and short-term instruments.
*Cash and liquidity management, including short-term funding and Nostro account cash positioning.
*Daily reconciliations of Nostro accounts and ledger entries.
*Back Office vs. Accounting reconciliations related to P&L.
*Preparing regulatory and operational reports (e.g., EMIR, MiFID).
Internal Collaboration
You will work closely with several internal departments, including:
*Front Office
*Accounting
*Risk & Controls
Clear communication and effective teamwork are essential, as you will play a key role in ensuring smooth end-to-end transaction processing.
Compliance & Regulatory Responsibilities
*Follow internal policies, compliance frameworks, and all applicable regulations.
*Ensure all operational processes meet internal governance standards.
Person Specification
Essential Skills & Experience
*Prior back-office experience within a financial institution.
*Solid understanding of capital markets products (loans, deposits, bonds, CDs, IRS, CIRS, FX products).
*Strong organisational skills with a methodical approach to work.
*Excellent attention to detail and accuracy.
*Ability to prioritise effectively in a fast-paced environment.
*Collaborative, solutions-focused mindset.
*Confident using Microsoft Office, particularly Excel and Access.