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 £335 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.