TRS Operations SME: Build & Run In-House Capability

G MASS Consulting; Greater London; On-site; GBP 90,000 - 130,000; Full time

Benefits offered by this job

6-month contract

Job summary

G MASS Consulting is working with a leading global financial services organisation to identify an experienced Total Return Swaps (TRS) Operations SME to support the establishment and ongoing operation of a new in-house TRS capability.

The role requires hands-on delivery to define the operating model, establish robust processes, and run the function once live, bridging between operations, technology and business stakeholders.

Qualifications

• Strong experience in Total Return Swaps / Equity Derivatives Operations.
• Proven experience managing or supporting BAU TRS operations.
• Hands-on experience working with Calypso.
• Strong understanding of front-to-back derivatives processes.

Responsibilities

• Establish and operationalise an in-house TRS operations function.
• Define the target operating model, workflows, controls, and governance for TRS activity.
• Provide SME expertise across the full TRS lifecycle: trade capture, settlements, lifecycle events, reconciliations, cash flows, collateral, and exception management.
• Translate business requirements into practical operational processes within the Calypso environment.
• Collaborate with technology teams and implementation partners to ensure platform supports operational needs.
• Create and maintain operating procedures, process documentation and control frameworks.
• Support transition away from the current outsourced model.
• Take ownership of BAU TRS operations once established, ensuring processes run smoothly and issues are managed.

Skills

TRS operations

Equity derivatives

Calypso

Tools

Calypso

Job description

G MASS Consulting is working with a leading global financial services organisation to identify an experienced Total Return Swaps (TRS) Operations SME to support the establishment and ongoing operation of a new in-house TRS capability.

The role requires hands-on delivery to define the operating model, establish robust processes, and run the function once live, bridging between operations, technology and business stakeholders.