Operations Analyst - Fixed Income

One Ten Associates; Greater London; Hybrid; GBP 65,000 - 90,000; Full time

Job summary

One Ten Associates in London seeks an experienced Operations Analyst to support a fast-paced fixed income and credit platform. The role offers hybrid work one day per week and broad exposure across trade reconciliations, settlements, and portfolio systems.

The ideal candidate has 5–7 years in operations or middle office within financial services, with robust Excel skills (VBA preferred) and a collaborative, entrepreneurial mindset.

Qualifications

• 5-7 years’ experience in operations, middle office, or related function within hedge fund, asset manager, proprietary trading firm, or investment bank.
• Strong understanding of fixed income, bonds, and IRS.
• Advanced Microsoft Excel skills; VBA or other programming experience advantageous.
• Highly organized with ability to work under pressure in a fast-moving environment.
• Strong communication skills and ability to collaborate in a lean, high-performing team.
• Self-motivated with an entrepreneurial mindset.

Responsibilities

• Perform T0 and T+1 trade, cash, and position reconciliations.
• Collaborate with prime brokers, fund administrators, and counterparties to resolve breaks and maintain efficient workflows.
• Manage corporate action elections and related processes.
• Support maintenance and enhancement of operational infrastructure and portfolio management systems.
• Monitor cash balances and margin requirements.
• Assist with daily P&L production and monthly NAV processes.
• Coordinate with stakeholders to ensure accurate processing of trading activity.
• Support FX hedging activities for share classes.
• Assist with treasury-related operations.
• Contribute to compliance, risk management, and process improvement initiatives.

Skills

5-7 years exp

Fixed income

Strong communication

Entrepreneurial mindset

Tools

Excel VBA

Job description

A growing alternative investment firm specialising in fixed income and credit is seeking an Operations Analyst to join its team in London. This is an excellent opportunity for a motivated professional to gain broad exposure across a fast-paced investment management business while contributing to the continued growth of the platform.

This is a full-time position based in London, with hybrid flexibility available one day per week.

Key Responsibilities

• Perform T0 and T+1 trade, cash, and position reconciliations
• Work closely with prime brokers, fund administrators, and counterparties to resolve breaks and maintain efficient operational workflows
• Manage corporate action elections and related processes
• Support the maintenance and enhancement of operational infrastructure and portfolio management systems
• Monitor cash balances and margin requirements
• Assist with daily P&L production and monthly NAV processes
• Coordinate with internal and external stakeholders to ensure accurate processing of trading activity
• Support FX hedging activities for share classes
• Assist with treasury-related operations
• Contribute to compliance, risk management, and process improvement initiatives

Candidate Requirements

• 5-7 years’ experience in operations, middle office, or a related function within a hedge fund, asset manager, proprietary trading firm, or investment bank
• Strong understanding of fixed income, bonds, and IRS
• Advanced Microsoft Excel skills required; VBA or other programming experience is advantageous
• Highly organised with the ability to work effectively under pressure in a fast-moving environment
• Strong communication skills and the ability to collaborate within a lean, high-performing team
• Self-motivated with an entrepreneurial mindset