Derivative Operations Analyst/Associate
Derivative Operations Analyst/Associate

Derivative Operations Analyst/Associate

Edinburgh Entry level 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join us as a Derivative Operations Analyst, handling trade confirmations and collateral management.
  • Company: BlackRock is a leading investment firm focused on innovation and client value.
  • Benefits: Enjoy a collaborative culture, professional networks, and opportunities for personal growth.
  • Why this job: Be part of a dynamic team that values performance, inclusion, and cutting-edge technology.
  • Qualifications: We're looking for self-starters with analytical skills and a passion for financial markets.
  • Other info: Engage in a global network and contribute to community initiatives.

The predicted salary is between 36000 - 60000 £ per year.

The team is responsible for handling, processing and managing BlackRock's Derivative activity, which includes Trade Confirmation, Clearing and Collateral Management of ETD and OTC products. The Derivative Operations philosophy is anchored on BlackRock’s cornerstone principles: Innovation, Fiduciary focus, Passion for Performance, and the unified purpose of One BlackRock. Through this lens we strive to build value for our clients by understanding their needs, the markets, and using technology to create optimized solutions.

A BlackRock Derivative Operations Analyst will play a meaningful part in an exciting new phase of our functional evolution! Guided by your manager, you will learn how to set the benchmark in Operational excellence. This will include building important relationships across the organisation, proactively managing risk, improving processes, crafting new data capabilities and working with ground-breaking new technology fit for the future! Above all, you will be part of a collaborative global network of exceptional talent that promotes openness, transparency, inclusion and equal opportunity.

Key Responsibilities

  • The passion, energy, drive and commitment you bring to learning all aspects of the job will be vital to the success of the wider business. Daily tasks are varied, and could range from confirming trades, moving collateral, ensuring the firm gets paid in a timely manner to helping Portfolio Managers and Trading teams achieve their objectives.
  • Enforcing rigorous Operational risk management standards (Key Risk Indicators / Key Process Indicators) and identifying, communicating and resolving issues quickly and efficiently.
  • Developing technical expertise through on the job training and self-learning, with active participation in Technology and Operations meetings encouraged. This may involve presenting ideas, contributing ideas, problem solving, or helping ensure strategic projects remain on track.
  • Building strong relationships with internal and external partners, ensuring BlackRock’s value proposition, technology roadmap and industry position is communicated and supported. Participate in regular reviews to ensure BlackRock receives outstanding levels of service from all third-party providers.

Who We Are Looking For

Our culture rewards high performance and favours a collaborative approach to task execution and problem solving. Attitude is everything. We would like to see:

  • A self-starter who enjoys operating in a fast-paced, process driven environment, and can work in a distributed team.
  • Numerical proficiency, outstanding analytical skills and a passion to solve problems.
  • An entrepreneurial drive coupled with an overwhelming desire to go above and beyond to improve processes, systems and services.
  • An excellent communicator, capable of articulating complicated issues in a simplistic manner.
  • Natural curiosity, with a passion for learning about financial markets and new technology.

Technical Expertise:

Candidates from a diverse range of backgrounds who show the right aptitude, attitude and desire to learn, and are capable of developing deep levels of technical expertise in this area will be considered.

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Contact Detail:

BlackRock Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Derivative Operations Analyst/Associate

✨Tip Number 1

Familiarise yourself with the latest trends in derivative operations and financial markets. Understanding the nuances of ETD and OTC products will give you an edge during discussions and interviews.

✨Tip Number 2

Network with professionals in the industry, especially those working at BlackRock or similar firms. Engaging in conversations about their experiences can provide valuable insights and potentially lead to referrals.

✨Tip Number 3

Showcase your analytical skills by preparing examples of how you've solved complex problems in previous roles or projects. Be ready to discuss these during interviews to demonstrate your capability.

✨Tip Number 4

Stay updated on technological advancements in the finance sector. Being knowledgeable about new tools and systems can highlight your enthusiasm for innovation, which aligns with BlackRock's values.

We think you need these skills to ace Derivative Operations Analyst/Associate

Operational Risk Management
Trade Confirmation
Collateral Management
ETD and OTC Products Knowledge
Analytical Skills
Numerical Proficiency
Problem-Solving Skills
Communication Skills
Relationship Building
Process Improvement
Technical Aptitude
Self-Starter Attitude
Curiosity about Financial Markets
Team Collaboration
Adaptability to Fast-Paced Environments

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of a Derivative Operations Analyst at BlackRock. Tailor your application to highlight how your skills and experiences align with their needs.

Highlight Relevant Skills: In your CV and cover letter, emphasise your numerical proficiency, analytical skills, and any experience you have in operational risk management or financial markets. Use specific examples to demonstrate your problem-solving abilities.

Show Your Passion: BlackRock values passion for performance and innovation. Make sure to convey your enthusiasm for the role and the company in your application. Discuss your eagerness to learn about new technologies and improve processes.

Craft a Strong Cover Letter: Your cover letter should not only introduce yourself but also explain why you are a great fit for the team. Mention your collaborative approach and how you can contribute to BlackRock's goals, particularly in building relationships and managing risks.

How to prepare for a job interview at BlackRock

✨Show Your Passion for Financial Markets

Demonstrate your enthusiasm for financial markets during the interview. Be prepared to discuss recent trends or news in derivatives and how they impact operations. This shows that you are not just knowledgeable but also genuinely interested in the field.

✨Highlight Your Analytical Skills

Since the role requires outstanding analytical skills, be ready to provide examples of how you've used these skills in past experiences. Discuss specific problems you've solved and the processes you improved, showcasing your ability to think critically.

✨Emphasise Collaboration and Communication

Given the importance of building relationships within the team and with external partners, share examples of how you've successfully collaborated in previous roles. Highlight your communication skills by explaining complex issues in a straightforward manner.

✨Demonstrate Your Self-Starter Attitude

BlackRock values self-starters who thrive in fast-paced environments. Prepare to discuss instances where you've taken initiative, whether in projects or learning new skills. This will illustrate your proactive approach and readiness to contribute from day one.

Derivative Operations Analyst/Associate
BlackRock
B
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