At a Glance
- Tasks: Establish and run in-house TRS operations, designing effective processes and workflows.
- Company: Leading global financial services organisation with a focus on innovation.
- Benefits: Initial 6-month contract with potential for permanent role and competitive salary.
- Other info: Collaborative environment with opportunities for professional growth.
- Why this job: Join a dynamic team and make a real impact in the finance sector.
- Qualifications: Strong experience in Total Return Swaps and/or Equity Swaps Operations required.
The predicted salary is between 60000 - 80000 £ 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
Qualifications
- Strong experience within Total Return Swaps and/or Equity Swaps Operations
- Proven experience managing or supporting BAU TRS or equity swaps operations
- Demonstrated ability to design and document operational processes and workflows
- Hands-on experience working with Calypso
- Strong understanding of front-to-back derivatives processes
- Ability to work across business and technology teams
- A practical, delivery-focused mindset with the ability to move between process design and hands-on execution
Initial 6-month contract, with view for further extension. Salary to be discussed.
Equity Derivatives Operations BA (Calypso) employer: G MASS
G MASS Consulting is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. With a focus on employee growth, we provide opportunities for professional development and the chance to make a significant impact in the financial services sector. Our office culture promotes teamwork and inclusivity, making it an ideal place for those seeking meaningful and rewarding employment in the heart of the financial industry.
StudySmarter Expert Advice🤫
We think this is how you could land Equity Derivatives Operations BA (Calypso)
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like G MASS.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like G MASS might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Equity Derivatives Operations BA (Calypso)
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at G MASS will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at G MASS. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give G MASS confidence in your short-term commitment to the role.
How to prepare for a job interview at G MASS
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with G MASS.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure G MASS that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
