FX Operations Analyst - Derivatives Operations

Contract Length: Until March 2026Location: LondonWorking Pattern: Hybrid (2–3 days in office)Rate: £220.00 per day PAYEDepartment: Derivative OperationsWe’re working with a leading institution in the corporate and investment banking sector, supporting their search for an experienced FX Operations Analyst to join their Derivative Operations team on a long-term contract. You’ll be responsible for the end-to-end processing of foreign exchange transactions, ensuring smooth settlements, accurate ledger entries, and timely confirmations—all within a regulated and globally connected operations environment.Key ResponsibilitiesTimely processing of FX trades from front-office systems to payment systems and the general ledgerMatching trade confirmations in line with internal and market-wide practicesMonitoring and reconciling settlements including CLS and SWIFTLiaising with front-office and EMEA teams to support high-volume, high-value transactionsInvestigating and resolving nostro reconciliation breaks and settlement discrepanciesMaintaining and enhancing desk procedures, process improvements, and supporting UATsEssential Skills & Experience5+ years of recent FX operations experienceStrong understanding of FX settlements and CLSFamiliarity with MT/MX SWIFT formats and yearly updatesHands-on experience with trade confirmation and affirmation workflowsKnowledge of industry documentation (ISDA, DRV, FBF) and regulatory reporting expectationsExcellent communication and problem-solving skillsThis is a fantastic opportunity to join a top-tier global bank with a long-term outlook. You’ll be involved in high-impact FX operations and gain exposure across EMEA markets and multiple business lines.