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Operations


All of our operations jobs in financial services firms are listed within this section.

Unlike the people working in the front office of an investment bank, fund manager or alternative investment house, operational finance professionals don't have direct contact with clients to drive revenues and gain profits for the organization. The operations division exists to support the rest of the business - operations professionals support the other employees and deal flows in the front office to guarantee everything works smoothly so the bank gets paid.

The primary duties of an operations job are clearing and settling trades. Clearing trades is checking that the records one bank has kept of the sale of a financial security match those of the bank or organization that has bought the security. Usually, simple trades are cleared automatically through immense electronic systems such as the Brussels-based Euroclear.

It's the job of settlements professionals to check that stocks or shares bought and sold by the bank's traders are exchanged for the right amount of money. A settlements job is basically a processing and controlling position. They are required to match instructions with counterparties and set up and monitor payments.

Settlements is a wide-ranging job, involving everything from preparing the documentation needed for a sale to checking the bank gets paid for all the shares it has sold and bought. Settlements professionals solve any problems with counterparties and review unsettled trades to speed along completion. For many of these jobs, you'll need knowledge of systems such as CCASS, DCCASS and SWIFT, as well as Euroclear/Clearstream.

Because financial services operations are becoming more automated, most operations jobs only require involvement when electronic systems fail ("exceptions") or developing new, more efficient processes and systems.

Clearing and settlements junior staff includes those who spend much of their time handling the exceptions. Their job is to discover what went wrong. Most simple clearing and settlements work now occurs in more economical centers such as Mumbai or the Philippines.

The position of trade support officer is closer to the trade floor. This position can handle many different asset classes, from equities and bonds to commodities or derivatives. Trade support officers answer any questions a trader could have, including anything from reconciliation problems to discrepancies between the various counterparties involved in a trade.

More advanced operations jobs higher up the career ladder involve much more strategy. Operations departments recruit project managers and business analysts who, for example, work on streamlining the exceptions process or work with off-shore teams to make processes more efficient and cost effective.

Settlements staff are hired in other financial institutions besides banks - as an example, hedge funds settlements professionals check that trades are booked and reported to the prime broker or custodian.

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Showing 1-30 of 668 jobs
Global Head of Clearing Revenues, Regional Head of Revenue Services Newedge not disclosed Chicago, IL, 60601 16 May 12

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SFG Analyst (New Accounts) Newedge not disclosed Chicago, IL, 60601 16 May 12

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Natural Gas Volume Manager LDH Energy Commensurate w/Experience Houston, TX 15 May 12

The Natural Gas Volume Manager serves as a key liaison between the Natural Gas Traders & Schedulers in Houston...

MIS Reporting Analyst Not Disclosed MIS Reporting Analyst Manhattan, NY, 10281 15 May 12

Responsible for Front Office reporting for the North America region.

Portfolio Administration Associate The Forum Group 55000-65000 plus bonus Manhattan, NY, 10016 15 May 12

Our client provides investment and wealth management services to high net worth individuals and families and h...

Asset Management and Securities Servicing Sales- New York Analytic Recruiting Inc. Competitive comp New York, NY 15 May 12

A financial derivatives firm in NY is looking for an experienced sales person for its new automated Reconcilia...

Counterparty Credit Analyst-FX Trading Firm – EM - New York Analytic Recruiting Inc. Competitive comp New York, NY 15 May 12

A major NY based financial firm that is active in trading, clearing and settling FX trades is looking for an e...

OIL/FUEL FIELD OPERATIONS MANAGING DIRECTOR Not Disclosed BASE PLUS BONUS San Antonio, TX 15 May 12

Leading Marine Fuel supplier expanding their product line needs experienced Fuel Operations candidates.

Domestic & International Travel Coordinator (Investment Management) Not Disclosed Highly competitive (base + lucrative bon... Stamford, CT 15 May 12

Seeking a skilled individual that loves coordinating client service activities. Exceptional process management...

Risk Projects and Security Master Business Analysis Lead Credit Suisse Base + bonus New York, NY, 10010 15 May 12

An ideal candidate is someone who has previous experience in Risk Management or Risk IT within Asset Managemen...

Infrastructure Support Analyst - Investment Banking Hatstand Competitive New York, NY 15 May 12

Experienced, proactive and confident Infrastructure Support Analyst needed for supporting a cross-product onli...

Senior Business Analyst (Dodd-Frank) - Investment Banking Hatstand Competitive New York, NY 15 May 12

Senior Business Analyst with Dodd-Frank (NY/NJ): Business systems analyst with at least 7 years functional exp...

Data Operations Manager - Asset Management Credit Suisse Base + bonus New York, NY, 10010 15 May 12

An ideal candidate is someone who has previous experience in financial data operations or at a financial marke...

Tanker Trader/Charterer | USA | Selby Jennings Commodities Dependent Upon Candidate New York, NY, 10001 15 May 12

A new, exciting opportunity has arisen at a globally leading trading house in the US. The opportunity is for ...

VP-Operational Risk - Custody and Securities Clearing - New York Analytic Recruiting Inc. Competitive comp New York, NY 15 May 12

A fast growing financial firm in NY is looking for an experienced Enterprise/Operational Risk Manager to overs...

Director, Planning, Coordination and Communications TIAA-CREF annual New York, NY, 10001 15 May 12

Director, Communications and Planning

Business Analyst Moody's Corporation Annual San Francisco, CA, 94101 15 May 12

Responsibilities- Develop user stories and/or specific requirements based on direction of the product manageme...

Associate Director, Structured Finance Data Strategy & Operations Standard & Poor`s not disclosed New York, NY 15 May 12

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Manager of Operations Support TEKsystems, Inc Base salary plus bonus Hanover, MD, 21076 15 May 12

The Senior Manager of Operations Support oversees accounts receivable teams and provides sales support to thei...

Operations Specialist Not Disclosed Competitive Exton, PA 15 May 12

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Operations Specialist Ziegler Lotsoff Capital Management LLC Competitive Chicago, IL 15 May 12

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Sr Software Developer First Quadrant Competitive based upon experience Pasadena, CA, 91101 14 May 12

This position is within our Investment Technology programming team which supports First Quadrant's in-house bu...

Technology Infrastructure Audit Associate BlackRock not disclosed Princeton, NJ, 08540 14 May 12

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Director Business Continuity Planning CME Group not disclosed Chicago, IL, 60601 14 May 12

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Client Services, Intern Newedge not disclosed New York, NY 14 May 12

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Credit Products Sales Assistant CRT Capital Group LLC Competitve Base Salary plus Commission O... Stamford, CT, 06902 14 May 12

Excellent growth oriented front office opportunity

Operations Analyst - Pyxis Capital LP Not Disclosed Competitive Dallas, TX, 75201 14 May 12

Pyxis Capital has an immediate opening for a self-motivated, hard-working individual to join our team which wi...

Middle Office Specialist (1933) Trust Company of the West Commensurate with experience Los Angeles, CA, 90017 14 May 12

The Middle Office Specialist will have primary responsibility for the operations and administration of the Por...

Currenex Integration Team Client Communication Manager State Street Bank not disclosed New York, NY 14 May 12

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Quantitative Modeling Analyst, Restructuring - Central Analytics State Street Bank not disclosed Boston, MA, 02108 14 May 12

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