At a Glance
- Tasks: Oversee operations for Exchange Traded Derivatives and improve processes.
- Company: Global broker dealer focused on institutional clients.
- Benefits: Competitive salary, dynamic work environment, and opportunities for growth.
- Other info: Join a diverse team and enhance your career in finance.
- Why this job: Lead innovative change in a fast-paced financial setting.
- Qualifications: Experience in derivatives operations and strong team management skills.
The predicted salary is between 60000 - 80000 £ per year.
The Exchange Traded Derivative Operations Manager oversees the end-to-end operational infrastructure supporting Exchange Traded Derivatives (ETD), FX Derivatives and OTC Derivatives within a global broker dealer servicing institutional clients. The role combines BAU management with a clear mandate to evolve processes, controls and performance metrics.
KEY ACCOUNTABILITIES
- Operational oversight
- Own BAU operations across ETD, FX and OTC workflows
- Act as primary escalation point and step in to support resolution where required
- Ensure consistent performance across global operational workflows
- Process improvement
- Identify inefficiencies and implement improved workflows and controls
- Develop and enhance KPIs and performance metrics
- Lead change initiatives and system/workflow enhancements
- Team management
- Manage operations teams across ETD, FX and OTC
- Ensure effective coverage and handovers across shifts (European and U.S. hours)
- Control & systems
- Maintain and enhance controls across the full trade lifecycle
- Oversee reconciliations, static data management and reporting accuracy
- Administer users, access, limits and configurations across operational platforms
FUNCTIONAL COVERAGE
- ETD
- Trading systems & exchange connectivity
- Confirmation (UTS, Traiana, TEO)
- Clearing workflows & give-up process
- Exchanges: Eurex, ICE, CME, Euronext, LME
- Crypto venues: Deribit, Bullish
- FX Derivatives
- Spot, Forwards, Options, Swaps
- Prime broker workflows
- Integration with ETD infrastructure
- Agile / Markit
- OTC Derivatives
- Options, IRS, TRS, Sec Lending, Repo
- Internal OTF & third-party SEF
- Post-trade lifecycle processing
- MarkitWire
KEY SYSTEMS
- Trading & execution: TT, Fidessa, exchange GUIs, US platforms (Trafix, WEX, DASH), Deribit, Bullish
- Clearing: ION XTP, LISA, Clearvision, CME FEC, Eurex C7, ICE Clearing
- Confirmation: UTS, Traiana, TEO
- Trade processing: QTM, give-up workflows, clearing feeds
- Reconciliation & control: Duco
- Regulatory & reference: ANNA DSB, TRAX, Docs
CANDIDATE PROFILE
- Solid experience in derivatives operations within a broker dealer or financial institution
- Strong cross-asset knowledge: ETD, FX and OTC products
- Proven experience within an FCA regulated broker dealer or clearing environment
- Hands‑on familiarity with the platforms listed above (or equivalent)
- Proven ability to manage operational teams across multiple shifts and time zones
- Track record of process improvement and KPI development
- Clear communicator with front office, clearers, exchanges and vendors
- Fluent English required
Exchange Traded Derivative Operations Manager employer: Market Securities LLP
As an Exchange Traded Derivative Operations Manager at our global brokerage firm, you will thrive in a dynamic and collaborative work culture that prioritises innovation and continuous improvement. We offer competitive benefits, including professional development opportunities and a supportive environment that encourages growth across diverse operational teams. Join us in a location that fosters both personal and professional fulfilment, where your contributions directly impact our success in servicing institutional clients worldwide.
StudySmarter Expert Advice🤫
We think this is how you could land Exchange Traded Derivative Operations Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work with derivatives. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of ETD, FX, and OTC products. We recommend creating a cheat sheet of key terms and processes to help you feel confident when discussing your experience.
✨Tip Number 3
Showcase your process improvement skills! Be ready to share specific examples of how you've enhanced workflows or developed KPIs in your previous roles. This will demonstrate your value to potential employers.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Exchange Traded Derivative Operations Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Exchange Traded Derivative Operations Manager. Highlight your experience in derivatives operations and any relevant systems you've worked with. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that relate to operational oversight and process improvement, as these are key for us.
Showcase Your Team Management Skills:Since managing operations teams is crucial for this position, be sure to highlight your leadership experience. Share examples of how you've effectively managed teams across different shifts and time zones – we love a good team player!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Market Securities LLP
✨Know Your Derivatives Inside Out
Make sure you brush up on your knowledge of Exchange Traded Derivatives, FX Derivatives, and OTC products. Be ready to discuss specific workflows and how you've improved processes in the past. This shows you're not just familiar with the terms but can also apply them practically.
✨Showcase Your Process Improvement Skills
Prepare examples of how you've identified inefficiencies and implemented changes in previous roles. Highlight any KPIs you've developed or enhanced, as this will demonstrate your ability to drive performance metrics effectively.
✨Team Management Experience is Key
Be ready to talk about your experience managing operations teams across different time zones. Share how you've ensured effective coverage and smooth handovers, especially during busy periods. This will show that you can handle the demands of a global broker dealer.
✨Familiarity with Key Systems
Familiarise yourself with the trading and execution platforms mentioned in the job description, like TT, Fidessa, and ION XTP. If you have hands-on experience, be sure to mention it. If not, do some research so you can speak confidently about how these systems work.
