Derivatives Operations Executive

TN United Kingdom; London; Hybrid; GBP 45,000 - 65,000; Full time

Job summary

A leading company in the financial sector is seeking a Derivatives Operations Executive in London. This hybrid role requires processing derivative transactions, ensuring compliance with regulations, and collaborating with stakeholders. Ideal candidates will have experience in derivatives settlements and strong communication skills.

Qualifications

• Experience in derivatives settlements, including Interest Rate Swaps and FX Options.
• Understanding of ISDA Definitions for rates derivatives products.

Responsibilities

• Process derivative transactions according to rules and regulations.
• Generate and complete trade confirmations timely.
• Collaborate with the team to meet objectives and customer needs.

Skills

Communication

Self-motivated

Collaboration

Adaptability

Job description

Derivatives Operations Executive, London

Client: [Client details not provided]

Location: London, United Kingdom

Job Category: Other

EU work permit required: Yes

Job Reference: f4cb45797b3b

Job Views: 20

Posted: 14.05.2025

Expiry Date: 28.06.2025

Job Description:

Role Responsibilities:

• OAD Derivative Operations is a central processing hub responsible for a broad and complex suite of regulatory obligations and derivative products.
• Provide support to Team Leader and deliver key services to front office stakeholders and outsourced locations in the EMEA division.
• Ensure derivative transactions are processed in accordance with Head Office rules, regulatory obligations, and local procedures.
• Generate and complete long form and ISDA trade confirmations timely, ensuring they are sent and countersigned by external customers.
• Create, check, and agree rate reset notices with external customers.
• Process deals that have been canceled or corrected by each office.
• Check details of executed option trades.
• Monitor modification queues in SAA, Montran, and ensure payments are released appropriately.
• Input and prepare MTs in SAA as necessary.
• Monitor interface screens in TBO and ensure process completion.
• Manage group email inboxes and queries promptly.
• Collaborate with and support the team to meet customer needs, team objectives, and ad hoc tasks within set timeframes.

Knowledge, Skills & Experience Required:

• Experience in derivatives settlements, including Interest Rate Swaps, Cross currency swaps, Caps/Floors, Inflation swaps, and FX Options.
• Experience in drafting and matching derivative confirmations.
• Understanding of ISDA Definitions for rates derivatives products.
• Ability to draft bespoke language for non-standard products aligned with ISDA Definitions.
• Experience in client interaction, including chasing, affirmation, negotiation, and query resolution.
• Understanding payment formats and processing.
• Good communication skills for effective engagement at various levels.
• Understanding of Operational Risk and Control.
• Self-motivated, energetic, flexible, and collaborative.
• Ability to adapt to changing regulatory environments for derivatives business.
• Ability to prioritize daily responsibilities.
• Support to Team Leader for process improvements.
• Willingness to challenge existing processes while maintaining control and enhancing customer experience.
• Effective communication skills.

Location:

This role involves hybrid working with presence required at the London office 2-3 days a week.

Working hours:

Standard hours with flexibility as needed.

If interested, please apply today. If you do not hear within 48 hours, consider your application unsuccessful. Pontoon Solutions is an equal opportunities employer.

For more information, contact a recruitment expert.