At a Glance
- Tasks: Lead the establishment of in-house TRS operations and ensure smooth day-to-day functioning.
- Company: Join a leading global financial services organisation with a focus on innovation.
- Benefits: Initial 6-month contract with potential for extension and competitive salary.
- Other info: Dynamic role with opportunities for operational transformation and growth.
- Why this job: Be a key player in shaping TRS operations and make a real impact.
- Qualifications: Strong experience in Total Return Swaps and hands-on Calypso expertise.
The predicted salary is between 63000 - 77000 £ per year.
G MASS Consulting is working with a leading global financial services organisation to identify an experienced Total Return Swaps (TRS) Operations SME to support the establishment and ongoing operation of a new in-house TRS capability. Our client is standing up new capability, and working with an external managed model. They are looking for a hands-on TRS specialist who can help define the operating model, establish robust processes, and play a key role in running the function once live. This is not a purely project-based role. The successful candidate will be responsible for helping build the foundations of the TRS operating model, whilst also supporting the day-to-day BAU operations and acting as a key SME within the function.
As the TRS Operations SME, you will support the transition of TRS activity into an internal operating model, combining process design, operational expertise, and hands-on delivery. You will work across operations, technology, and business stakeholders to ensure TRS processes are designed effectively, implemented successfully, and supported operationally.
Key responsibilities will include:
- Helping establish and operationalise an in-house TRS operations function
- Defining the target operating model, workflows, controls, and governance required to support TRS activity
- Providing SME expertise across the full TRS lifecycle, including trade capture, settlements, lifecycle events, reconciliations, cash flows, collateral, and exception management
- Translating business requirements into practical operational processes within the Calypso environment
- Working with technology teams and implementation partners to ensure the platform supports operational needs
- Creating and maintaining operating procedures, process documentation, and control frameworks
- 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
Requirements:
- Strong experience within Total Return Swaps / Equity Derivatives Operations
- Proven experience managing or supporting BAU TRS operations
- Hands-on experience working with Calypso
- Strong understanding of front-to-back derivatives processes
- Experience defining, improving, or implementing operational processes
- Ability to work across business and technology teams
- A practical, delivery-focused mindset with the ability to move between process design and execution
Desirable Experience:
- Experience bringing outsourced operations in-house
- Experience working within brokerage, banking, or capital markets environments
- Previous involvement in operational transformation or platform implementation activity
Benefits:
Initial 6-month contract, with view for further extension. Salary to be discussed.
TRS Operations SME (Calypso) in London employer: Workable
Togather is an exceptional employer, recognised as one of the UK's best places to work, offering a vibrant and supportive culture that fosters ambition and high performance. With generous benefits including hybrid working, a substantial holiday allowance, and unique perks like free food and regular team socials, employees are empowered to thrive both personally and professionally. Located in the heart of the live events industry, Togather provides unparalleled opportunities for growth and networking, making it an ideal place for those passionate about creating memorable experiences.
StudySmarter Expert Advice🤫
We think this is how you could land TRS Operations SME (Calypso) 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 Workable.
✨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 Workable 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 TRS Operations SME (Calypso) 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 Workable 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 Workable. 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 Workable confidence in your short-term commitment to the role.
How to prepare for a job interview at Workable
✨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 Workable.
✨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 Workable 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.
