Operations Analyst

CoinShares Group; Gloucester; On-site; GBP 26,000 - 36,000; Full time

Job summary

CoinShares is seeking an entry-level Operations Lead for CoinShares Capital Markets, supporting the execution, risk management and process integrity across proprietary trading and market-making activities. You will learn from senior staff and help manage the operational side of ETF products, with a focus on automation and scalable processes.

You will gain exposure to the crypto markets, apply AI-assisted tooling, and contribute to end-to-end operational improvements while owning repeatable tasks

Qualifications

• Bachelor’s degree or equivalent is essential.
• Experience in financial services, ideally capital markets, trading or operations is advantageous.
• Strong proficiency in Excel or Google Sheets is essential.
• Understanding derivatives mechanics such as perpetual swaps, funding rates, margin requirements and liquidation logic is an advantage.
• Practical experience using AI tools for analysis, research or automation is essential.
• Eye for turning manual tasks into automated processes is essential.
• Strong analytical and research skills are essential.
• Ability to read a block explorer and trace transactions is an advantage.
• Attention to detail and ability to follow complex processes and instructions is essential.
• Curiosity and adaptability, with a willingness to learn is essential.
• Interest in crypto financial markets and blockchain is essential.

Responsibilities

• Assist in developing operational models, reporting tools and procedures, using automation and AI-assisted tooling.
• Assist traders to ensure transactions are booked accurately and resolve exceptions.
• Support the trade lifecycle across proprietary trading and market-making, including settlements.
• Monitor intraday and end-of-day trading performance and assist in reporting.
• Review daily risk reports and alert management to potential action items.
• Support ETF creation and redemption processes.
• Run reconciliations of data feeds with automation tooling.
• Move assets across trading, brokerage and bank accounts to support activities.
• Monitor margins, collateral and funding across exchanges and counterparties; flag breaches.
• Document processes and AI-driven workflows for transparency and auditability.
• Identify opportunities to improve operational efficiency and reduce risk using AI/automation.
• Collaborate with Finance to support audit requests.

Skills

Excel

AI tools

Analytical thinking

Attention to detail

Curiosity & learning

Understanding of derivatives

Block explorer literacy

Automation awareness

Education

Bachelor’s degree or equivalent

Finance/Economics/Data Science background

Tools

AI tooling

Job description

Our Company

CoinShares is a leading global digital asset manager that delivers a broad range of financial services across investment management, trading and securities. We serve a wide array of clients that includes corporations, financial institutions and individuals.

Founded in 2013, the firm is headquartered in Jersey, with offices in France, the UK and the US. CoinShares is regulated in Jersey by the Jersey Financial Services Commission, in France by the Autorité des Marchés Financiers, and in the US by the Securities and Exchange Commission, the National Futures Association and the Financial Industry Regulatory Authority. CoinShares is publicly listed on the US Nasdaq under the ticker CSHR.

Our Culture

CoinShares is an innovative, agile and ambitious organisation. We strive for excellence in everything we do. We are a high performance culture with a focus on:

• Professional and personal integrity
• Curiosity and a deep learning mindset
• Transparency
• Teamwork and collaboration

CoinShares is strongly committed to diversity and inclusion and warmly welcomes candidates from all backgrounds.

The Team

The Operations team is central to our digital asset proprietary trading and asset management businesses, ensuring smooth trade execution, risk management, and process integrity. We serve as the bridge between trading, technology, asset management, and compliance, supporting both innovation and operational reliability.

Role Reporting Line

Operations Lead

Role Profile

This is an entry-level role suitable for a recent graduate or someone with 1-2 years’ experience, who is seeking a career within financial services. This role will work for CoinShares Capital Markets, the execution arm of CoinShares, and with the Active Asset Management team, which develops and runs actively-managed trading strategies. The group also manages the operational side of CoinShares’ passive products. The post holder will be able to learn from an experienced trading operations team in the fast-growing digital asset space and contribute to the effective operations of the proprietary trading and market-making business of the firm, as well as the firm’s exchange-traded product business. The company operates a lean team; a successful candidate will have the opportunity to own end-to-end processes within the team.

The post holder will work with the firm’s operational team under the guidance of senior team members and with CoinShares Digital Securities to assist in the creation and redemption process of the firm’s physical ETF products.

Responsibilities

Capital Markets Operations

• Assist in the development and implementation of operational models, reporting tools, and procedures, using automation and AI-assisted tooling where necessary.
• Assist traders in ensuring transactions are accurately booked; investigating and resolving any exceptions flagged.
• Support the trade lifecycle across the proprietary trading and market-making business, and following up on any failed or delayed settlements.
• Assist the trading desk in monitoring intraday, end-of-day, and monthly trading performance.
• Review daily risk reports to ensure positions are accurately represented and alert management of any potential action items to consider.
• Assist the team in the Company’s creation and redemption process for its physical ETF products.
• Run and review reconciliations of data feeds, using automated reconciliation tooling and investigating, resolving any breaks.
• Assist the Operations team with the movement of assets across different trading, brokerage, and bank accounts to support the firm’s proprietary and market-making activities.
• Monitor margin, collateral and funding positions across exchanges and counterparties, alerting senior team members to any shortfalls or limit breaches.
• Document processes and AI-assisted workflows so that they remain transparent, repeatable and auditable.
• Work with the Operations team to identify opportunities for operational efficiencies and reducing risks, including where AI and automation can safely replace manual steps.
• Work closely with the Finance team to deliver data supporting audit requests

Business Development

• Supporting new initiatives for the Capital Markets business including onboarding new external parties via exchanging AML/KYC information and completing documentation requirements.
• Support the Operations Senior Associate and team with other firm initiatives.

Experience & Qualifications

• A Bachelor’s degree (or equivalent) is essential. A degree in accounting, finance, economics, data science or business management is an advantage.
• Previous experience in financial services, ideally in capital markets, trading or operations, is an advantage.
• Strong proficiency in Excel or Google Sheets is essential.
• Understanding derivatives mechanics such as perpetual swaps, funding rates, margin requirements and liquidation logic, is an advantage.
• Practical experience using AI tools for analysis, research or automation is essential.
• An eye for identifying opportunities to turn manual tasks into robust automated processes is essential.
• Strong analytical and research skills are essential.
• Ability to read a block explorer and trace transactions is an advantage.
• Proven attention to detail is essential, reflected in the ability to follow complex and precise processes and instructions, and to verify the accuracy of automated and AI-generated work.
• Curiosity and adaptability, with a willingness to learn is essential.
• Interest in crypto financial markets and blockchain is essential.
• Familiarity with the trade lifecycle (execution, settlement and reconciliation) is an advantage.
• Experience working with custodians, exchanges or OTC counterparties is desirable.
• Excellent organisation, integrity and a willingness to take ownership of tasks are essential.