Job Description

Senior Operations Associate - Equity Derivatives Confirmations Specialist

Location: London, United Kingdom


Type: Full Time


Department: Operations

Job Summary

eClerx is seeking an equity derivatives operations associate to support a new program for one of our premier clients, a leading global investment bank. The successful candidate will be part of newly established Derivative Confirmation (DC) Service Team for Equity Structured Derivatives. Responsibilities include drafting and reviewing confirmations, applying MCA language, resolving discrepancies, and responding to client and business queries. The role includes a six-month structured training program, during which the candidate will collaborate with SMEs, team leads, and peers to ensure training, delivery and performance targets for the DC Service Team are met.


An ideal candidate will bring prior experience in end-to-end confirmation drafting and incoming review processes across a range of Equity Derivative structures (outlined below).


The role will be based in New York with the expectation of working from the office 2 days per week at a minimum.

Responsibilities

Confirmations drafting and reviewing clients' drafted confirmations:

See table of Equity Derivatives structures in scope for this role Training will be available for transaction types and systems usage Prior knowledge of a majority of these transaction types is preferred

Transaction Family

Transaction Type

Autocall



Autocallable





Other





Exotic Option



Autocall





Booster





LockIn





Lookback





Rainbow





Other





Swap



Booster





Correlation





Other



High Network Wealth (HNW)





Snowball





Var Swap



Barrier





Conditional





Dispersion





Other

Confirmations process servicing and support:

Responding to queries arising from the reconciliation of risk systems to pre-trade and post-trade documentation within a tight T+1 timeframe Supporting the end to end processing of the DC Servicing team and the Confirmation lifecycle generally Drafting and (where applicable) negotiating of Master Confirmation Agreements ("MCA") Handling non-complex queries relating to the language and provisions used within each confirmation In 4-eye controls, perform the checker role before confirmations are released to clients

Eligibility Requirements

Bachelor's degree in business, finance, accounting, or related field Experience in equity derivatives operations; with specific experience in confirmations drafting Working knowledge and drafting experience of the Transaction Families and Transaction Types defined in the table Ability to work collaboratively across multiple stakeholders and locations Demonstrated problem solving and business analysis skills, i.e. the ability to structure an approach to work through and solve complex and ambiguous challenges. Excellent written and verbal communication skills Ability to interact effectively with all levels of the organization

What We Offer

Competitive salary and performance bonuses


Flexible working hours


Career growth opportunities and ongoing training


Inclusive, supportive company culture

How to Apply

Click "Apply Now" to submit your resume through our career site Be sure to include any relevant experience that aligns with the role. Qualified candidates will be contacted by a member of our recruitment team for next steps

About eClerx

eClerx is a leading provider of productized services, bringing together people, technology and domain expertise to amplify business results.




The firm provides business process management, automation, and analytics services to a number of Fortune 2000 enterprises, including some of the world's leading financial services, communications, retail, fashion, media & entertainment, manufacturing, travel & leisure, and technology companies. Incorporated in 2000, eClerx is traded on both the Bombay and National Stock Exchanges of India. The firm employs more than 19,000 people across Australia, Canada, France, Germany, Switzerland, Egypt. India, Italy, Netherlands, Peru, Philippines, Singapore, Thailand, the UK, and the USA.


For more information, visit www.eclerx.com


You can also find us on:


https://www.linkedin.com/company/eclerx/


https://www.indeed.com/cmp/Eclerx/about


https://www.glassdoor.com/eClerx


eClerx is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law. We are also committed to protecting and safeguarding your personal data. Please find our policy here