At a Glance
- Tasks: Support daily ETD clearing activities and resolve trade issues in a fast-paced environment.
- Company: Join Schroders Investment Management, a leader in financial services.
- Benefits: Flexible temporary role, competitive pay, and valuable industry experience.
- Other info: Opportunity to enhance skills and build a network in finance.
- Why this job: Gain hands-on experience in the dynamic world of derivatives and investment management.
- Qualifications: Experience in ETD Clearing or Derivatives Operations is essential.
The predicted salary is between 40000 - 40000 £ per year.
We are seeking an experienced ETD Clearing Specialist to join the Operations team within Schroders Investment Management. The successful candidate will support the daily processing, control and oversight of Exchange Traded Derivatives (ETD) clearing activities across global markets. This is a temporary role for a minimum of 6 months, working 3 days per week in the London office.
Key Responsibilities
- Perform daily ETD clearing and reconciliation activities across futures and options products.
- Monitor trade flows between front office systems, clearing brokers and custodians.
- Investigate and resolve trade breaks, exceptions and settlement issues in a timely manner.
- Manage margin processes including initial and variation margin reconciliations.
- Support lifecycle event processing including expiries, exercise/assignment and corporate actions.
- Liaise with internal stakeholders including Trading, Portfolio Management, Compliance, Risk and Technology teams.
- Maintain strong relationships with clearing brokers, exchanges and third-party service providers.
- Ensure all activities are completed in line with regulatory requirements, internal controls and operating procedures.
- Contribute to process improvement initiatives, automation projects and operational efficiency enhancements.
- Assist with audit requests, reporting requirements and operational risk reviews.
Skills & Experience Required
- Previous experience in ETD Clearing, Derivatives Operations or Middle Office within asset management, investment banking or financial services.
- Strong understanding of futures and options trade lifecycle processes.
- Knowledge of margining, collateral management and reconciliations.
- Familiarity with global exchanges and clearing houses.
- Experience using investment operations platforms such as Aladdin, Bloomberg, Omni or equivalent systems is advantageous.
- Strong analytical and problem-solving skills with excellent attention to detail.
- Ability to manage multiple priorities in a fast-paced environment.
- Advanced Excel skills and confidence working with operational data.
- Excellent communication and stakeholder management capabilities.
ETD Clearing Specialist - Temporary Role in London employer: Schroders
Schroders Investment Management is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. Employees benefit from a strong focus on professional development, with opportunities to enhance their skills in a supportive culture that values diversity and inclusion. The temporary role of ETD Clearing Specialist not only provides valuable experience in a fast-paced financial services setting but also allows for meaningful contributions to process improvements and operational efficiency.
StudySmarter Expert Advice🤫
We think this is how you could land ETD Clearing Specialist - Temporary Role in London
✨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 Schroders.
✨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 Schroders 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 ETD Clearing Specialist - Temporary Role in London
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 Schroders 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 Schroders. 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 Schroders confidence in your short-term commitment to the role.
How to prepare for a job interview at Schroders
✨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 Schroders.
✨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 Schroders 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.
