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Operations Specialist

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DRW

1mo ago

  • Job
    Full-time
    Mid Level
  • Business, Operations & Strategy
    Banking & Finance
  • London
  • Quick Apply

AI generated summary

  • You need 3+ years in European equities settlements, experience with OTC and other products, strong Excel skills, and familiarity with VBA, Powerquery, and Python.
  • You will support OTC equity settlements, enhance execution workflows, manage corporate actions, facilitate trade processing, resolve discrepancies, and improve operational efficiency and technology.

Requirements

  • Minimum of 3 years middle office/back office operations experience in a European Equity settlements
  • Strong European Equities OTC settlement experience
  • Previous exposure to other products’ lifecycle (Fixed Income, Futures and Options, mainly)
  • A background in European equities; ideally with exposure to supporting other ancillary products at a proprietary trading firm, hedge fund or other buy-side organization
  • Substantial prior interaction with the front office and senior management in an active trading environment
  • Bachelor’s degree in finance, economics, another quantitative field or material equivalent exposure
  • Demonstrated ability to work independently and to analyze problems, synthesize and implement solutions thereto
  • Demonstrated ability to own and navigate technical issues and interact successfully with technology personnel
  • A strong background in MS Excel required.
  • VBA, Powerquery and Python preferred

Responsibilities

  • Provide support for OTC equity settlements with counterparties
  • Work alongside traders to fully support execution workflow
  • Ensure proper handling of corporate actions and related entitlements
  • Provide support for Futures & Options, Fixed Income and Repo clearing
  • Ensure accurate processing of trade lifecycle both internally and externally
  • Investigate and resolved trade and position breaks with clearing firms and prime brokers
  • Gain mastery of the firm’s proprietary trade capture and inventory management necessary to support each desk’s activity
  • Act as process super-user for current systems, providing critical support and advice regarding needed enhancements to technology, workflows and processes necessary for the London operation
  • Liaise with technical personnel to secure proper support and coverage for ongoing operations as well as procure enhancements for insufficient or new workflows
  • Focus on process efficiency, risk reduction, and alignment with DRW standards

FAQs

What is the primary focus of the Operations Specialist role at DRW?

The primary focus of the Operations Specialist role is to provide support for a range of Equity and Fixed Income related trading activities, ensuring proper handling of settlements, corporate actions, trade lifecycle processing, and collaboration with traders and technical personnel.

How many years of experience are required for the Operations Specialist position?

A minimum of 3 years of middle office/back office operations experience in European Equity settlements is required for the Operations Specialist position.

What specific knowledge is essential for applicants in this role?

Applicants should have strong knowledge of European Equities OTC settlements, with previous exposure to the lifecycle of other products such as Fixed Income and Futures and Options.

What type of educational background is preferred for this position?

A Bachelor's degree in finance, economics, another quantitative field, or material equivalent exposure is preferred for this position.

Is there an opportunity to interact with senior management and front office personnel in this role?

Yes, substantial prior interaction with front office and senior management in an active trading environment is expected for this role.

What technical skills are preferred for candidates applying to this position?

A strong background in MS Excel is required, and knowledge of VBA, Powerquery, and Python is preferred.

Will the Operations Specialist engage with technology personnel?

Yes, the Operations Specialist will interact successfully with technology personnel to secure support for ongoing operations and to procure enhancements for workflows.

Does the role emphasize process efficiency and risk reduction?

Yes, the role focuses on process efficiency, risk reduction, and alignment with DRW standards.

What type of trading desks will the Operations Specialist be supporting?

The Operations Specialist will provide support to a group of trading desks based in London and the US, focusing on Equity and Fixed Income trading activities.

Are there opportunities for career growth within the Operations Specialist position at DRW?

Yes, the role provides the opportunity to gain mastery of proprietary trade capture and inventory management systems, as well as to recommend enhancements for technology and workflows, which can lead to further career growth within the organization.

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DRW

Finance
Industry
1001-5000
Employees

Mission & Purpose

At DRW, we identify and capture trading and investment opportunities globally. What sets us apart is our diversified approach—trading across many asset classes and instruments, in markets around the world, with horizons from seconds to years. We succeed by leveraging technology, research and risk management. We offer the best of both worlds: the opportunity and spirit of a startup and the benefits and stability of an established, experienced firm. Our employees work hard to solve interesting problems, and their results are rewarded. We value continuous learning—from our outcomes, from the environment and from each other. It’s a place of high expectations, deep curiosity, and constant collaboration, with some of the smartest, most passionate people you’ll meet.