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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 676 jobs
Jr. MBS Product Controller Michael Page International Excellent Compensation aligned with Expe... Stamford, CT, 06901 16 May 12

Seeking a 1-4 Year Product Controller, ideally with MBS experience, to step in and hit the ground running with...

Management Consultant The North Highland Open New York, NY, 10003 16 May 12

- managing complex consulting projects at several clients -developing partnership relationships with client...

Operations & Quality Assurance Audit Associate BlackRock not disclosed New York, NY 16 May 12

See job description below

Settlements Specialist Not Disclosed Competitive Los Angeles, CA 16 May 12

Los Angeles based money manager is looking for a Back office Fixed Income Securities Settlements Specialist.

Strategic Sourcing Manager Not Disclosed Compensation is commensurate with experi... Manhattan, NY, 10005 16 May 12

The New York Satellite Office of a large European Investment Bank is seeking a Strategic Sourcing Manager to m...

KYC Analyst Societe Generale Commensurate with experience Jersey City, NJ 16 May 12

KYC Analyst will sit in our Jersey City, NJ office and will be responsible for a specific number of portfolios...

Tanker Trader/Charterer | United States of America | Selby Jennings Commodities Dependent Upon Candidate New York, NY, 10001 16 May 12

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

Director, Operational Risk Analytics Job CapitalOne Competitive Dunn Loring, VA, 22027 16 May 12

See Job Description

Security Director - Americas East BlackRock not disclosed New York, NY 16 May 12

See job description below

Manager, Data Distribution Services TIAA-CREF annual Charlotte, NC, 28201 16 May 12

Data and Reporting Manager

VP - Senior Research Analyst Moody's Corporation Annual New York, NY, 10001 16 May 12

The CompanyMoody's Investors Service is a leading provider of credit ratings, research, and risk analysis.

AVP - Strategic Planning Moody's Corporation Annual New York, NY, 10001 16 May 12

ResponsibilitiesThe Commercial Group in Moody's Investors Service (MIS) is responsible for assessing the strat...

Senior Business Analyst Moody's Corporation Annual New York, NY, 10001 16 May 12

Objective:This individual will be part of the Enterprise Solutions team in Moody's Ratings Business Solutions ...

Margin Analyst CME Group not disclosed Chicago, IL, 60601 16 May 12

See job description below

Operations Analyst Moody's Corporation Annual West Chester, PA 16 May 12

ResponsibilitiesAs a member of the Global Sales Operations team, the Operations Analyst supports the sales pro...

Global Head of Clearing Revenues, Regional Head of Revenue Services Newedge not disclosed Chicago, IL, 60601 16 May 12

See job description below

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

See job description below

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...

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

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