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Operations Officer

City of London Permanent £55,000 - £55,000 per year View Job Description
This is a newly created role supporting the launch and growth of a custody business focused on cross-border capital markets activity, combining responsibility for CASS-regulated client asset reconciliations with treasury operations across FX and interest rate products. The position plays a key role in ensuring regulatory compliance, operational control and accurate transaction processing within a regulated wholesale banking environment.
  • Permanent Operations role, City of London
  • FX and Interest Rate Product role, International bank, ASAP Start!

About Our Client

An organisation within the financial services and banking industry, located in The City of London:This is an opportunity to join a well-established international wholesale banking platform that is investing in the growth of its cross-border capital markets and custody offering. As the business continues to expand its presence in securities services, it provides exposure to international markets, regulatory change and a broad range of treasury and custody activities within a highly regulated environment.

Job Description

  • Perform daily and monthly CASS reconciliations across client custody assets, ensuring compliance with regulatory requirements and internal controls.
  • Reconcile securities positions against external custodians, depositories and internal records, investigating and resolving any reconciliation breaks.
  • Maintain accurate records, reconciliation evidence and supporting documentation in line with CASS and audit requirements.
  • Support the ongoing management and development of a growing custody platform focused on cross-border capital markets activity.
  • Process and monitor corporate actions, including coupon payments, redemptions and other lifecycle events across custody assets.
  • Provide operational support for FX transactions, including confirmations, settlements, payment processing and account reconciliations.
  • Support the lifecycle management of treasury products including FX Spot, FX Forward, FX Swaps, repos and interest rate derivatives.
  • Ensure timely and accurate trade confirmation, settlement and regulatory reporting activities across treasury operations.
  • Liaise with front office, finance, compliance, external custodians, counterparties and operations teams to resolve queries and support transaction processing.
  • Maintain a robust control environment through maker/checker processes, operational risk monitoring, issue escalation and support for internal and external audits.
  • Assist with regulatory reporting requirements, including CASS-related reporting and treasury transaction reporting obligations.
  • Contribute to process improvements, operational efficiency initiatives and regulatory change projects within both the custody and treasury functions.

The Successful Applicant

A successful Operations Officer should have:

  • Degree educated with a minimum of 3 years' experience within UK financial services.
  • Proven custody operations experience is essential, including securities settlement, corporate actions, position reconciliations and working with custodians or sub-custodians.
  • Able and willing to work in the office 5 days per week (non-hybrid).
  • Experience performing CASS reconciliations within an FCA-regulated environment, with a sound understanding of client asset rules and controls.
  • Experience supporting operations across FX and/or interest rate products, including trade confirmation, settlement and account reconciliations.
  • Good understanding of financial instruments including bonds, foreign exchange products and derivatives.
  • Knowledge of SWIFT messaging and experience using custody, treasury or banking operations systems.
  • Strong analytical and problem-solving skills, with the ability to investigate and resolve reconciliation breaks and operational issues.
  • Excellent attention to detail, organisational skills and the ability to operate within a well-controlled regulatory environment.
  • Experience of regulatory reporting, UK EMIR, MiFID II/MiFIR, CASS governance or Resolution Pack activities would be advantageous.
  • Exposure to cross-border custody, international securities markets would be beneficial.
  • Professional qualifications such as IOC, CISI, CASS, FRM or similar would be viewed favourably.



What's on Offer

  • Salary £55k
  • 5 days in the office, lunch paid for and provided daily.
  • Attractive benfits scheme.



If you're interested in this Operations Officer role, apply now!

Contact
Esther Blunsdon
Quote job ref
JN-102026-7116569
Phone number
+44 207 776 5947

Job summary

Job function
Banking & Financial Services
Subsector
Operations / Middle Office - Banking / Securities
Sector
Financial Services
Where
City of London
Contract type
Permanent
Consultant name
Esther Blunsdon
Consultant phone
+44 207 776 5947
Job reference
JN-102026-7116569