Operations Officer

A global investment bank is seeking an Operations Officer to join a busy and collaborative Operations team responsible for end-to-end back-office processes across a broad range of capital markets products.

This role is ideal for someone with strong attention to detail, experience in back-office operations, and an interest in supporting funding, trading, and treasury activities for a large financial institution.

The role is based in the City of London and will be an initial 6-month contract position, they are able to offer hybrid working (3 days per week onsite, 2 days working from home). The daily rate for the role is up to £360 per day via an Umbrella company (inside IR35).

Key Responsibilities

Back Office Operations

You will support the full lifecycle of a wide variety of financial products, including medium- and long-term funding instruments, deposits, intragroup lending, and hedging derivatives such as IRS, CIRS, and FX. Responsibilities include:

• Processing deal tickets, confirmations, and associated payments.
• Managing transaction booking in systems such as CALYPSO.
• Handling settlement activities, including SWIFT payments, cut-off monitoring, and settlement instruction matching.
• Processing corporate actions and managing broker invoice reconciliations.
• Overseeing the issuing of bonds, covered bonds, certificates of deposit, and short-term instruments.
• Cash and liquidity management, including short-term funding and Nostro account cash positioning.
• Daily reconciliations of Nostro accounts and ledger entries.
• Back Office vs. Accounting reconciliations related to P&L.
• Preparing regulatory and operational reports (e.g., EMIR, MiFID).

Internal Collaboration

You will work closely with several internal departments, including:

• Front Office
• Accounting
• Risk & Controls

Clear communication and effective teamwork are essential, as you will play a key role in ensuring smooth end-to-end transaction processing.

Compliance & Regulatory Responsibilities

• Follow internal policies, compliance frameworks, and all applicable regulations.
• Ensure all operational processes meet internal governance standards.

Person Specification

Essential Skills & Experience

• Prior back-office experience within a financial institution.
• Solid understanding of capital markets products (loans, deposits, bonds, CDs, IRS, CIRS, FX products).
• Strong organisational skills with a methodical approach to work.
• Excellent attention to detail and accuracy.
• Ability to prioritise effectively in a fast-paced environment.
• Collaborative, solutions-focused mindset.
• Confident using Microsoft Office, particularly Excel and Access.