At a Glance
- Tasks: Establish and run in-house TRS operations, ensuring effective processes and governance.
- Company: Leading global financial services organisation with a focus on innovation.
- Benefits: Initial six-month contract with potential for permanent role and competitive pay.
- Other info: Office-based role with opportunities for professional growth and development.
- Why this job: Be a key player in building a new operational capability from the ground up.
- Qualifications: Experience in TRS and equity swaps operations, strong analytical skills required.
The predicted salary is between 49500 - 60500 £ per year.
G MASS Consulting is working with a leading global financial services organisation to identify an experienced Total Return Swaps and Equity Swaps Operations SME to support the establishment and ongoing operation of a new in-house TRS capability. This is an initial six month contract engagement, with the possibility of a permanent opportunity for the right candidate.
The Role
As TRS / Equity Swaps Operations SME, you will combine business analysis and process design skills with deep operational expertise to help stand up and then run an in-house TRS capability from the ground up. You will work closely with operations, technology, and business stakeholders - including an external managed service BA - to ensure TRS processes are designed effectively, implemented successfully within Calypso, and supported operationally on an ongoing basis. The expectation is that you will be 5 days a week in the office.
Responsibilities
- Helping establish and operationalise an in‑house TRS and equity swaps operations function
- Defining the target operating model, workflows, controls, and governance required to support TRS activity
- Translating business requirements into practical operational processes within the Calypso environment
- Working with technology teams and the external managed service provider to ensure the platform supports operational needs
- Creating and maintaining operating procedures, process documentation, and control frameworks
- Providing SME expertise across the full TRS and equity swaps lifecycle, including trade capture, settlements, lifecycle events, reconciliations, cash flows, collateral, and exception management
- Supporting the transition away from the current outsourced model
- Taking ownership of BAU TRS operations once established, ensuring processes run effectively and issues are managed appropriately
- Acting as the point of expertise for operational queries, process improvements, and ongoing enhancements
Equity Derivatives Operations BA (Calypso) employer: G MASS Consulting
G MASS Consulting is an excellent employer that values autonomy and innovation, providing a dynamic work environment where you can significantly impact non-financial returns processes. With a strong focus on employee growth, we offer opportunities for professional development and a hybrid working model that promotes work-life balance. Join us in our London office to be part of a collaborative culture that prioritises excellence and continuous improvement.
