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Operations


This section contains all our operations jobs in financial services firms.

Operational finance professionals don't liaise with clients like the people working in the front office of an investment bank, fund manager, or alternative investment house. Instead, the operations division is a support function - operations professionals support people and deal flows in the front office to make sure everything works smoothly and the bank gets paid.

The main business carried out by the operations team is clearing and settling trades. Clearing trades involves making sure that the records one bank has kept of the sale of a financial security match those of the bank or organisation it was sold to.. In most cases, simple trades are cleared automatically through huge electronic systems such as the Brussels-based Euroclear.

Settlements professionals ensure that stocks or shares bought and sold by the bank's traders are exchanged for the correct amount of money. A settlements job is essentially a processing and controlling position involving matching instructions with counterparties, and arranging and monitoring payments.

Settlements cover everything from preparing the documentation required for a sale to making sure the bank has been paid for all the shares it has sold and bought. Settlements professionals resolve any problems with counterparties which may arise, and they review unsettled trades to ensure timely completion. Many jobs in this sector require knowledge of systems such as CCASS, DCCASS and SWIFT, and Euroclear/Clearstream.

Financial services operations are increasingly becoming automated, therefore most operations sector jobs involve intervening when electronic systems fail (so-called 'exceptions'), or devising new, more efficient ways of making technology systems and operations processes work.

Clearing and settlements junior staff spend a lot of time dealing with the exceptions and figuring out what went wrong. A large proportion of simple clearing and settlements work takes place in low cost centres such as Mumbai or the Philippines.

Closer to the trading floor is the role of the trade support officer. This job requires a whole range of different assets, from equities and bonds to commodities or derivatives. Trade support officers deal with any queries a trader might have - everything from reconciliation issues to any discrepancies between the various counterparties involved in the trades.

Advanced operations jobs higher up the hierarchy are more strategic in nature and operations departments employ a lot of project managers and business analysts. These project managers may look at ways of streamlining the exceptions process, or working with off-shored teams to determine how to make processes work more efficiently and (further) reduce costs.

It's not only banks that employ settlements staff - hedge funds settlements professionals, for example, ensure trades are booked and reported to the prime broker/custodian.

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Showing 1-30 of 674 jobs
Manager / Senior Manager - Operational Excellence, Melbourne PwC Recruitment not disclosed Australia-Melbourne 23 May 12

See job description below

Operational Risk Robert Walters AU$110000 per annum Australia-Melbourne 22 May 12

Leading fund manager - Autonomous and high profile role - Outstanding career potential .

Senior Receptionist Macquarie Information not provided Australia-Perth 24 May 12

A fast paced and challenging role to ensure the guest relations space, which encompasses the reception and 8 m...

Securities Pricing Hays $30 Australia-Sydney 24 May 12

Leading Fund Manager currently experiencing a period of growth and exciting projects, currently require the as...

Group Risk - Operational risk Manager Analysis & Controls - $130k+super Randstad $120k+super+bonus Australia-Sydney 24 May 12

You will be responsible for the end to end operational risk scenario analysis, governance, identifying and rep...

Operations Associate - Managed Funds (4 month contract) Macquarie Information not provided Australia-Sydney 23 May 12

Temp opportunity in Macquarie Funds Group Operations division. As part of the asset adminstration team you wil...

Governance and Operations Manager Ethos Corporation $90k Base Australia-Sydney 21 May 12

Finance coordination experience, project governance, invoicing knowledge

Operational Manager - Operations/Process Improvement - $120k+ Robert Walters AU$100000 - AU$120000 per annum + BONUS Australia-Sydney 15 May 12

New role is now available at a prestigious international bank responsible for managing Operational Risk in a f...

Senior Business Analyst Operational Accounting Solution BNP Paribas Fortis A promising future as part of a strong a... Belgium-Brussels Region 23 May 12

BNP Paribas Fortis is looking to recruit a Senior Business Analyst Operational Accounting Solution.

Statistical Analyst Huxley Associates €35000 - €45000 per annum Belgium-Brussels Region 22 May 12

My client is looking for a statistical analyst CRM in the service of decision support, you will be responsible...

Account Manager International Robert Half Financial Services . Belgium-Brussels Region 09 May 12

Robert Half Financial Services is specialized in placing highly qualified finance, banking and insurance profe...

Account Manager International & Account Manager Direct Clients Robert Half Financial Services . Belgium-Brussels Region 09 May 12

Robert Half Financial Services is specialized in placing highly qualified finance, banking and insurance profe...

Senior Business Analyst Operational Accounting Solutions BNP Paribas Fortis Een veelbelovende toekomst in een degeli... Belgium-Brussels Region 23 May 12

BNP Paribas Fortis zoekt een Senior Business Analyst Operational Accounting Solutions

Senior Business Analyst Operational Accounting Solution BNP Paribas Fortis Un avenir prometteur au sein d'une entre... Belgium-Brussels Region 23 May 12

BNP Paribas Fortis recherche un/e Senior Business Analyst Operational Accounting Solution.

Recruitment Consultant - Financial Services Michael Page Base plus bonus Canada-ON-Toronto 17 May 12

Michael Page is a global leader in recruitment and we are looking to hire a dynamic individual for the banking...

Senior Director - Client Relationship Management Michael Page Base plus variable compensation Canada-ON-Toronto 16 May 12

Our client is a leader in the financial services industry.

Corporate Actions Administrator (Contract) Michael Page Competitve hourly rate. Canada-ON-Toronto 15 May 12

Our client, a top tier Canadian bank located in Downtown Toronto, is looking to add a Corporate Actions Admini...

Head of GTS Ops Michael Page International Attractive Package China-Beijing 22 May 12

Competitive salary package with an international platform.

Team Head - Fund Services UBS AG Negotiable China-Beijing 22 May 12

An exciting opportunity has arisen to join UBS Asset Management as an UBS Team Head - Fund Services, Beijing

Fund Accountant UBS AG Negotiable China-Beijing 22 May 12

An exciting opportunity has arisen to join UBS Asset Management as an UBS Fund Accountant, Beijing

Operations Manager UBS Securities Competitive China-Beijing 22 May 12

8 years in local securities firm; experience in China security market and understand security regulatory rules...

Operation Change Manager UBS Securities Market Competitive China-Beijing 22 May 12

The candidate needs to have minimum 6 years experience working in IT department of multi-national financial co...

PROP / GCM Ops Analyst UBS Securities Market Competitive China-Beijing 22 May 12

The role & responsibility of the candidate mainly covers the Clearing & Settlement support for Interbank / Exc...

Wealth Management Operation Manager Talent2 (Shanghai) competitive China-Beijing 11 May 12

Talent2 is an Australian listed executive search company. Currently we are looking for good candidate as Oper...

Operations AVP, Guangzhou – EFNC/CN75704/BRZH Hudson - China Competitive China-Guangzhou 21 May 12

Proven career path in a reputable foreign company; People management exposure; Client is willing to provide th...

Deputy Manager, Asset Management, BoCom International Trust Co., Ltd. Bank of Communications Co., Ltd. Attractive & Competitive China-Shanghai 24 May 12

Excellent opportunity to join Bank of Communications, one of the leading banks in China, as a leading role.

Senior Operation Strategist Bank of Communications Co., Ltd. Competitive China-Shanghai 24 May 12

Master degree or above; under 35 years old; CPA, CFA certificate is preferred.

Management Consultant Hays SH RMB 500,001 to RMB 1,000,000 China-Shanghai 24 May 12

Solution-Focused Management Consultant with Global Operations function

Change Management Hays SH 500000 China-Shanghai 24 May 12

* New Opening * Project Management * Exposures to Middle & Back office functions

Head of Collateral Management Michael Page International Attractive Package China-Shanghai 22 May 12

You will head up the collateral team and work with senior stakeholders in a dynamic environment.

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