Principal Derivatives Operations Specialist

SimCorp; Sydney; On-site; AUD 150,000 - 190,000; Full time

Benefits offered by this job

Salary and bonus

Pension

Hybrid work model

Job summary

SimCorp is seeking a Derivatives Operations Specialist to support the end-to-end lifecycle of OTC and listed derivatives within Investment Operations. You will ensure accurate trade capture, settlement, margining, and collateral management across asset classes.

You will work with front office, risk, and compliance teams, liaising with external counterparties to resolve issues, monitor trade breaks, and uphold EMIR, Dodd-Frank, and MiFID II controls while seeking process improvements.

Qualifications

• 10+ years of experience in derivatives operations, within asset management, hedge funds, or investment banking.
• Familiarity with trade lifecycle processes, including trade capture, margining, collateral management, and settlement.
• Bachelor’s degree in Finance, Business, or a related field.

Responsibilities

• Operational execution: support the processing and lifecycle management of OTC and listed derivatives, including trade capture, confirmation, settlement, margining, and collateral management.
• Identify opportunities to enhance processes, reduce manual intervention, and improve efficiency; collaborate with technology teams on automation initiatives.
• Liaise with front office, risk, compliance, and external counterparties to resolve issues and ensure timely and accurate trade lifecycle processing.

Skills

Derivatives operations

Regulatory knowledge

Cross-team collaboration

Education

Bachelor's degree in Finance or related field

Tools

Calypso

Murex

MarkitWire

Excel VBA

Python

Job description

Who we are

For over 50 years, we have worked closely with investment and asset managers to become the world’s leading provider of integrated investment management solutions. We are 3,000+ colleagues with a broad range of nationalities, educations, professional experiences, ages, and backgrounds. SimCorp is an independent subsidiary of the Deutsche Börse Group. Following the recent merger with Axioma, we leverage the combined strength of our brands to provide an industry-leading, full, front-to-back offering for our clients. SimCorp is an equal-opportunity employer. We are committed to building a culture where diverse perspectives and expertise are integrated into our everyday work. We believe in the continual growth and development of our employees, so that we can provide best-in-class solutions to our clients.

Why this role is important for us

The Derivatives Operations Specialist will be a key part in supporting the end-to-end lifecycle of derivatives within the Investment Operations function. Reporting to the Head of Complex Operations, this role is responsible for ensuring the accurate and efficient processing of derivatives transactions across multiple asset classes. The ideal candidate will have a solid background in derivatives operations, keen attention to detail, and an emphasis on operational excellence.

What you will be responsible for

• Operational Execution: Support the accurate processing and lifecycle management of OTC and listed derivatives, including trade capture, confirmation, settlement, margining, and collateral management. Ensure timely resolution of trade breaks, reconciliations, and discrepancies in collaboration with internal and external stakeholders. Monitor and manage daily workflows, ensuring adherence to deadlines and operational risk controls.
• Process Improvement and Efficiency: Identify opportunities to enhance processes, reduce manual intervention, and improve operational efficiency. Collaborate with the Head of Derivatives Operations and technology teams to implement automation initiatives and system enhancements. Develop and maintain documentation for processes, workflows, and controls to ensure consistency and transparency.
• Stakeholder Collaboration: Work closely with front office, risk management, compliance, and other teams to support trade execution and ensure timely and accurate trade lifecycle processing. Liaise with external counterparties, including clearing brokers, custodians, and service providers, to resolve operational issues and ensure service quality. Support communication with internal stakeholders on operational performance, exceptions, and risks.
• Risk Management and Compliance: Adhere to regulatory and internal policies, ensuring compliance with frameworks such as EMIR, Dodd-Frank, and MiFID II. Monitor key risk indicators and support the implementation of controls to mitigate operational risks. Assist in preparing for audits, regulatory reviews, and stress testing exercises.
• Team Support and Development: Contribute to a collaborative and committed team culture by sharing knowledge, supporting peers, and participating in training initiatives. Provide input on team development and operational priorities, ensuring alignment of day-to-day tasks with strategic goals.

What we value

• +10 years of experience in derivatives operations, such as within asset management, hedge funds, or investment banking.
• Extensive knowledge of derivative products, including swaps, options, futures, and forwards, across asset classes such as equities, fixed income, commodities, and FX.
• Familiarity with trade lifecycle processes, including trade capture, margining, collateral management, and settlement.
• Proficiency in industry-standard platforms (e.g., Calypso, Murex, MarkitWire) and understanding of automation tools (e.g., Excel VBA, Python, or RPA solutions).
• Solid understanding of regulatory requirements (e.g., EMIR, Dodd-Frank, MiFID II) and operational risk controls.
• Bachelor’s degree in Finance, Business, or a related field.
• Skilled at diagnosing and resolving issues, with a precise and thorough approach throughout.
• Skilled in communicating clearly and working constructively with teammates in a collaborative setting.
• Ability to multitask, prioritize workload, and meet deadlines in a hectic environment.

Benefits

• Attractive salary, bonus scheme, and pension are essential for any work agreement.
• We provide a good work and work-life balance: flexible working hours and a hybrid model.
• Opportunities for professional development: there is never just only one route - we offer an individual approach to professional development to support the direction you want to take.