Operations Specialist

P2P; London; On-site; GBP 45,000 - 75,000; Full time

Job summary

An established industry player is seeking an Operations Specialist to support equity and fixed income trading activities. This role offers a unique opportunity to work closely with traders and software engineers, tackling complex challenges while enhancing operational efficiency. The ideal candidate will have a strong background in European equities, with at least 3 years of middle office or back office experience. Join a collaborative environment that values innovation and integrity, where your contributions will directly impact trading operations and processes.

Qualifications

• 3+ years in middle office/back office operations in European Equity settlements.
• Strong experience with OTC settlements and trade lifecycle management.

Responsibilities

• Support OTC equity settlements and execution workflow.
• Investigate trade and position breaks with clearing firms.

Skills

Middle Office Operations

European Equities OTC Settlement

Trade Lifecycle Management

Problem Solving

MS Excel

VBA

Powerquery

Python

Education

Bachelor's Degree in Finance

Bachelor's Degree in Economics

Tools

MS Excel

VBA

Powerquery

Python

Job description

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.

Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.

We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters–it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.

As an Operations Specialist supporting a range of Equity and Fixed Income related trading activity, you’ll provide support to a group of trading desks based in London and US. This is an opportunity to solve challenging problems while working closely with experienced traders and software engineers to choose the right tools and solutions for the job.

Responsibilities:

• Provide support for OTC equity settlements with counterparties
• Work alongside traders to fully support execution workflow
• Ensure proper handling of corporate actions and related entitlements
• Provide support for Futures & Options, Fixed Income and Repo clearing
• Ensure accurate processing of trade lifecycle both internally and externally
• Investigate and resolved trade and position breaks with clearing firms and prime brokers
• Gain mastery of the firm’s proprietary trade capture and inventory management necessary to support each desk’s activity
• Act as process super-user for current systems, providing critical support and advice regarding needed enhancements to technology, workflows and processes necessary for the London operation
• Liaise with technical personnel to secure proper support and coverage for ongoing operations as well as procure enhancements for insufficient or new workflows
• Focus on process efficiency, risk reduction, and alignment with DRW standards

Requirements:

• Minimum of 3 years middle office/back office operations experience in a European Equity settlements
• Strong European Equities OTC settlement experience
• Previous exposure to other products’ lifecycle (Fixed Income, Futures and Options, mainly)
• A background in European equities; ideally with exposure to supporting other ancillary products at a proprietary trading firm, hedge fund or other buy-side organization
• Substantial prior interaction with the front office and senior management in an active trading environment
• Bachelor’s degree in finance, economics, another quantitative field or material equivalent exposure
• Demonstrated ability to work independently and to analyze problems, synthesize and implement solutions thereto
• Demonstrated ability to own and navigate technical issues and interact successfully with technology personnel
• A strong background in MS Excel required.
• VBA, Powerquery and Python preferred

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