Jobs in Operations, finance jobs and financial recruitment. Find financial jobs, Operations recruitment opportunities & Operations job market news

Job search
Search Advanced
Post your resume

Operations


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

In contrast to the people working in the front office of an investment bank, in fund management, or an alternative investment house, operational finance professionals don't liaise with clients to generate revenues and profits for the bank. Instead, the operations division plays a support role within an organisation. Operations professionals support people and deal flows in the front office to make sure everything runs smoothly and the bank gets paid.

The main function of an operations job 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 sold the security to. In most cases, simple trades are cleared automatically through large 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. The main role of a settlement professional is the processing and controlling of transactions, which entails matching instructions with counterparties, and arranging and monitoring payments.

Settlements can range 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 also resolve any problems with counterparties if they arise, and they review unsettled trades to ensure timely completion. Knowledge of systems such as CCASS, DCCASS and SWIFT, and Euroclear/Clearstream is expected for many jobs.

Most operations sector jobs now also involve intervening when electronic systems fail (so-called 'exceptions'), since financial services operations are becoming increasingly automated. Devising new ways of making technology systems and operations processes work more efficiently is also part of the role.

Dealing with the "exceptions" takes a large proportion of clearing and settlements junior staff time. It is their responsibility to work out what went wrong. Low cost centres in locations such as Mumbai or the Philippines are a popular choice for simple clearing and settlements work.

Closer to the trading floor is the role of the trade support officer. This can cover a whole range of different asset classes, from equities and bonds to commodities or derivatives. It is the duty of trade support officers to 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. Operations departments employ a lot of project managers and business analysts who look at, for example, 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.

There is a demand for settlements professionals, not only in banks, but also in other sectors– hedge funds settlements professionals, for example, ensure trades are booked and reported to the prime broker/custodian.

Show more » « Show less

Showing 1-30 of 663 jobs
OPERATIONAL RISK MANAGER - EQUITIES Hays Accountancy & Finance Hong Kong attractive salary & benefits Hong Kong SAR 22 May 12

OPERATIONAL RISK MANAGER - EQUITIES

Equity Derivatives Change - AVP Business Analyst/PM ConnectedGroup Limited Competitive Hong Kong SAR 22 May 12

High profile Global I-Bank with a strong Capital Markets business is looking for a Business Analyst to join th...

Data and Documentation Specialist UBS AG Competitive Hong Kong SAR 22 May 12

An exciting opportunity has arisen to join UBS as a Data and Documentation Specialist within UBS Wealth Manage...

Junior Account Manager FIM UBS AG Competitive Hong Kong SAR 22 May 12

An exciting opportunity has arisen to join UBS as a Junior Account Manager, inside Financial Intermediaries (F...

Ops & Services, Data & Documentation Team Lead (WM) UBS AG Competitive Hong Kong SAR 22 May 12

An exciting opportunity has arisen to join UBS as a Ops & Services, Data & Documentation Team Lead (WM).

Middle Office Analyst Talent2 Hong Kong Attractive Hong Kong SAR 22 May 12

A leading investment bank is looking for a Middle Office Analyst to join their growing team in Hong Kong.

AVP Equities Operations Change Team Talent2 Hong Kong Attractive Hong Kong SAR 22 May 12

A top tier investment bank is looking for a high calibre individual to join their Equities Derivatives Change ...

Vice President, Operational Risk, Investment Bank Profile Search & Selection Attractive Benefits Package Hong Kong SAR 22 May 12

Our client is a leading global investment bank which is looking to upgrade it's regional operational risk plat...

Senior Operations Manager Reed Specialist Recruitment Hong Kong HKD 480,000 - 600,000 / year Hong Kong SAR 22 May 12

Our client, the securities arm of a prominent regional financial group is currently expanding their investment...

Trade Operation Manager Manpower Hong Kong Negotiable Hong Kong SAR 22 May 12

The Trade operation manager role oversees support group within the Trade front office, leading the regional te...

TREASUARY - MIDDLE OFFICE HEAD SLOANE MANHATTAN Competitive Remuneration Package Hong Kong SAR 22 May 12

Our client, an international commercial bank, invites Treasury/Global Markets Operations Professional to join ...

IB Ops. Global Emerging Markets New Business Initiative Vice President JPMorgan Chase not disclosed Hong Kong SAR 21 May 12

See job description below

Operations HK, Securities Ops Risk Management, VP Morgan Stanley not disclosed Hong Kong SAR 21 May 12

See job description below

IT Portfolio and Governance Director/Executive Director –Investment Bank Aptitude Asia Excellent Hong Kong SAR 21 May 12

A top-tier investment bank is hiring a IT Portfolio and Governance Director/Executive Director to drive the in...

Chief Operations Officer - Leading Hedge Fund - Hong Kong Not Disclosed Excellent + bonus + benefits Hong Kong SAR 21 May 12

One of Europe's largest and most successful hedge funds seeks a highly business focused and talented Chief Ope...

Client Service Specialist, Private Banking JPMorgan Chase not disclosed Hong Kong SAR 21 May 12

See job description below

Manager- Wealth management Operations and Documentation Robert Half Hong Kong 50-60k /month Hong Kong SAR 21 May 12

Our client is a top tier Private Bank. An opportunity has arisen for a high caliber individual to join as a te...

Business Risk Manager – Director level – Wealth Management Barclay Simpson Excellent for the right candidate Hong Kong SAR 21 May 12

My client, a leading global financial institution, is looking for an experienced Business Risk Manager to join...

Officer, Rates Trade Support, Global Markets Operations and Middle Office Bank of America Merrill Lynch Competitive Hong Kong SAR 21 May 12

OverviewBank of America is one of the world's largest financial institutions, serving individual consumers, sm...

OPERATIONS OFFICER (6 month contract) Recruitment Intelligence Consultants Limited Competitive package Hong Kong SAR 21 May 12

An international private bank is looking for an outstanding candidate to be an Operations Officer. This is a ...

BUSINESS MANAGER, ASSET MANAGEMENT Recruitment Intelligence Consultants Limited Competitive Package Hong Kong SAR 21 May 12

Our client is an established asset management house renowned for its diversified investment management service...

Project Management Office (PMO) Lead ALS International Attractive Hong Kong SAR 21 May 12

We are looking for a PMO Lead for our client, a leader in the Insurance sector. The PMO Lead will be responsi...

Business Analyst, Operations AXA China Region Insurance Co Ltd Attractive remuneration Hong Kong SAR 21 May 12

The role will be responsible to consolidate, generate and maintain the reports and track KPIs (monthly reporti...

Regional Shared Services Vendor Manager AXA China Region Insurance Co Ltd Competitive Hong Kong SAR 21 May 12

AXA Asia, which is part of the AXA Group, started operating in Asia in 1986. Since then, it has grown rapidly ...

Business Development / Strategy - Healthcare - 3yrs exp. + Huxley Associates HK$500000 - HK$750000 per annum Hong Kong SAR 21 May 12

Leading Healthcare MNC, looking to hire a BD / Strategy Analyst, 1st class degree, and Asian language skills -...

Regional KYC Manager - APAC T+O+M Competitive Hong Kong SAR 21 May 12

Exciting career opportunity for a Regional KYC Manager! Growing team & competitive salary package!

Tier One/ IRD/ Operations/ Team Lead/ Investment Bank Huxley Associates HK$400 - HK$800 per annum Hong Kong SAR 21 May 12

Key tasks and Responsibilities: •To assist in the day to day running of Interest Rates Derivatives Operat...

Administrative Assistant, Asia Pacific Core Compliance (Contract) JPMorgan Chase not disclosed Hong Kong SAR 20 May 12

See job description below

Trade Product Solutions Delivery Manager - Vice President JPMorgan Chase not disclosed Hong Kong SAR 20 May 12

See job description below

APAC Technology & Operations Senior Business Manager - Vice President JPMorgan Chase not disclosed Hong Kong SAR 20 May 12

See job description below

Create an email update for the latest jobs matching this search Operations
Create email alert RSS

Site Information

eFinancialCareers is a Dice Holdings, Inc. company. Dice Holdings, Inc. is a publicly traded company listed on the New York Stock Exchange (Ticker: DHX)