Senior OTC Derivative Operations Analyst

KennedyPearce Consulting; Slough; Hybrid; GBP 55,000 - 60,000; Full time

Job summary

KennedyPearce Consulting is seeking a Senior OTC Derivatives Operations Analyst for a hybrid, permanent role in the UK. The candidate will bring 3+ years of investment operations experience in asset management or hedge funds with OTC derivatives expertise, including IRS, futures, swaps, and related collateral management.

The role covers trade support, NAV approvals, and front-office coordination, with a focus on reconciliation and lifecycle management across sovereign bonds, repos, and other OTC

Qualifications

• 3+ years investment operations experience at an Asset Manager or Hedge Fund with OTC derivatives
• Bachelor’s degree in Finance, Economics, Accounting or Mathematics
• Full UK working rights

Responsibilities

• Trade Support for the Macro Trading Desk
• Build cash spreadsheets for the Trading Desk
• Collateral management
• Reconcile Custodian cash and securities positions; resolve breaks
• Assist with trade lifecycle; resolve settlement/matching issues
• Support trading desks with inquiries
• Approve NAVs and front office cash management
• Address inquiries from custodians/administrators
• Contribute to control environment improvements
• Handle ad-hoc projects under Operations Manager and Head of Operations

Skills

OTC derivatives

Trade support

Cash management

Reconciliations

Front office liaison

NAV approvals

Collateral management

Sovereign bonds & repos

Education

Bachelor's degree in Finance/Economics/Accounting/Mathematics

Job description

Prestigious West end-based Asset Manager seek a Senior OTC Derivatives Operations Analyst

Hybrid Working

Permanent

£55,000 - £60,000 + Bonus + Benefits

Industry Experience : Hedge Fund or Asset Management

CANDIDATE PROFILE

• It is an essential requirement that you have 3+ years previous investment operations experience at an Asset Manager or Hedge Fund with a proven background in OTC Derivative products
• A Bachelor’s degree in Finance, Economics, Accounting, Mathematics
• Full UK working rights

ESSENTIAL EXPERIENCE REQUIRED

• Experience in sovereign bonds, repos, OTC Derivates – IRS, Futures, Swaptions, Bond Options, FX Forwards
• Trade lifecycle support of the above products
• Matching/settlement knowledge of OTC Derivatives
• Collateral Management experience
• Cash/Position/Trade reconciliations experience
• Familiar with managing relationships with the Front Office

KEY RESPONSIBILITIES

• Trade Support for the Macro Trading Desk
• Building cash spreadsheet for the Trading Desk (Treasury function)
• Collateral Management
• Reconciliation of Custodian cash and securities positions and resolving breaks identified
• Assisting with the trade lifecycle and resolving issues with trade settlement and matching
• Supporting the Trading Desks with any queries and issues
• Responsible for approving NAVs and front office cash management
• Address as hoc inquires front the custodians and administrators.
• Contributing improvements to the control environment
• Ad-hoc projects as requested but Operations Manager and Head of Operations