OTC Derivatives Ops Analyst - Global Macro Hedge Fund

Selby Jennings; Greater London; On-site; GBP 60,000 - 90,000; Full time

Job summary

Selby Jennings is seeking an Operations Analyst for a Hedge Fund with a Global Macro focus in London. The candidate will handle cleared and bilateral OTC derivatives, perform trade matching, clearing, settlements, and reconciliations, and deliver daily P&L support.

Ideal applicants have 3–7 years’ experience in hedge funds or investment banks, with strong VBA and Python skills. The role emphasizes collaboration with brokers and custodians and enhancing processes.

Qualifications

• 3–7 years of hedge fund or investment bank operations experience.
• Strong knowledge of OTC derivatives (rates, credit, IRS, FX, swaps).
• Experience with trade matching, clearing, settlements and reconciliations.
• Daily P&L support and investigation of trade and cash breaks.
• Ability to liaise with brokers, custodians and external parties.
• Preference for candidates with VBA and Python skills.

Responsibilities

• Manage cleared and bilateral OTC derivative workflows.
• Execute trade matching, clearing, settlements and reconciliations.
• Provide daily P&L support and investigate trade/cash breaks.
• Liaise with brokers, custodians and external parties to resolve issues.
• Support operational improvement initiatives and project work.

Skills

OTC derivatives experience

Trade matching

Clearing

Settlements

Reconciliations

P&L support

Trade/cash breaks investigation

Liaising with brokers

Operational improvement

VBA

Python

Tools

VBA

Python

Job description

Selby Jennings is seeking an Operations Analyst for a Hedge Fund with a Global Macro focus in London. The candidate will handle cleared and bilateral OTC derivatives, perform trade matching, clearing, settlements, and reconciliations, and deliver daily P&L support.

Ideal applicants have 3–7 years’ experience in hedge funds or investment banks, with strong VBA and Python skills. The role emphasizes collaboration with brokers and custodians and enhancing processes.