Swaps Middle Office – Senior Associate / VP

twentyAI; Greater London; On-site; GBP 65,000 - 95,000; Full time

Job summary

twentyAI, based in London, seeks an experienced Swaps Middle Office professional to own the swaps trade lifecycle, focusing on Equity Swaps, Total Return Swaps and related financing products. You will manage processing, controls and collaboration across desks to build a scalable Middle Office function.

In this hands-on role you will partner with Trading, Risk and Operations to resolve discrepancies, oversee reconciliations and drive process improvements across desks and systems in a growing firm.

Qualifications

• Strong experience in Equity Swaps, Total Return Swaps or Synthetic Prime Brokerage.
• Background in Middle Office, Trade Support, Equity Finance or Delta One operations.
• Good understanding of the swaps trade lifecycle, including resets, financing, corporate actions and reconciliations.

Responsibilities

• Manage the full swaps trade lifecycle, including trade booking, reconciliations, resets, corporate actions, financing and collateral.
• Work closely with Trading, Risk, Finance and Operations to investigate and resolve trade discrepancies.
• Oversee daily position, cash and P&L reconciliations, ensuring accurate trade processing and risk management.
• Help build and improve operational workflows, controls and processes to support the growing swaps business.
• Partner with Technology teams on system enhancements, automation and process improvements.
• Support new product development and help establish a scalable Middle Office function.

Skills

Equity Swaps

Middle Office

Trade Support

P&L Reconciliations

Job description

A growing financial markets firm, is looking for an experienced Swaps Middle Office professional to support the launch and development of a new business line, with a focus on Equity Swaps, Total Return Swaps and related financing products.

This is a hands-on role offering the opportunity to take ownership of the swaps trade lifecycle while helping build and improve the Middle Office function, including operational processes, controls and systems.

The Role

• Manage the full swaps trade lifecycle, including trade booking, reconciliations, resets, corporate actions, financing and collateral.
• Work closely with Trading, Risk, Finance and Operations to investigate and resolve trade discrepancies.
• Oversee daily position, cash and P&L reconciliations, ensuring accurate trade processing and risk management.
• Help build and improve operational workflows, controls and processes to support the growing swaps business.
• Partner with Technology teams on system enhancements, automation and process improvements.
• Support new product development and help establish a scalable Middle Office function.

What We're Looking For

• Strong experience in Equity Swaps, Total Return Swaps or Synthetic Prime Brokerage.
• Background in Middle Office, Trade Support, Equity Finance or Delta One operations.
• Good understanding of the swaps trade lifecycle, including resets, financing, corporate actions and reconciliations.
• Experience implementing operational improvements, controls or system enhancements.
• Comfortable working closely with trading desks, clients and wider operational teams.
• Hands-on, proactive approach with the ability to take ownership in a growing business.