Interim Derivatives Operations Analyst (12 month FTC)

Posted:
10/3/2024, 5:00:00 PM

Location(s):
England, United Kingdom ⋅ London, England, United Kingdom

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Operations & Logistics

Workplace Type:
Hybrid

The Value of Active Minds
 

About Jupiter

Jupiter is one of the UK’s leading investment management companies with over 500 employees and £51.3 billion worth of assets under management (as at 30th June 2024).

Jupiter provides investment services to individual and institutional investors through mutual funds (UK unit trusts, Luxembourg SICAVs and Dublin OEICs), separately managed accounts and sub-advised funds. Jupiter has experienced a period of international growth with offices open in EMEA and APAC.

The majority of our employees are based in our London office located just minutes from Victoria station which provides stair-free access from both the Underground’s Victoria line and National Rail platforms, as well as limited road crossings to the Jupiter office. Our London office was designed to encourage employees to live active, healthy lives with floor-to-ceiling windows that allow for greater natural light and the benefit of a private balcony, table tennis room, cycle storage and on-site shower and locker facilities. The short distance to Green Park and St James' Park also provides employees with a natural space to relax during their lunch break and a healthy alternative to office-based meetings. 

We offer our UK employees a 3:2 hybrid working arrangement where Tuesdays, Thursdays and a third day of your choice are worked from the office. The other two days may be worked from home.  This facilitates collaboration and allows employees to maximise productivity whilst maintaining a healthy work/life balance.

Background

In this role you will be part of the Derivatives Operations team which manages post-trade activities for derivative trading at Jupiter. Activities include oversight of the affirmation and confirmation of trades, reconciliation of positions and cash, management of margin and collateral processes to ensure that the funds’ derivatives exposures are correctly monitored and collateralised accordingly, as well as working in conjunction with Jupiter’s Legal Team to ensure derivative relationships are documented appropriately (ISDAs, Credit Support Annexes - CSAs, Master Confirmation Agreements – MCAs etc.).


Key Responsibilities

  • Settlement and confirmation across a variety of derivative instruments.
  • Assist with the effective control and oversight of all trading across Jupiter managed portfolios.
  • Trade lifecycle and position management within the Investment Book of Record.
  • Collateral/Margin Management.
  • Maintain relationships with service providers such as brokers, administrators, custodians, trustees.
  • Ensure effective responses are provided to Fund Manager portfolio queries and provide them with relevant information to manage their funds.
  • Work closely with fund management and other internal stakeholders to deliver new products and instruments.
  • Help develop and refine operational processes in line with business change and industry development.
  • Support the team with Fund and Broker onboarding and set up derivatives agreements.


Desired Skills / Experience

  • At least 3 years' experience of Derivatives Operations.
  • Thorough understanding of a variety of instruments, with proven experience of operational support of such instruments and lifecycle events.
  • Strong accuracy and attention to detail essential.
  • Experience delivering change.
  • Ability to investigate issues and proactively problem solve.
  • Excellent written and verbal communication skills.
  • Ability to interact with confidence at all levels of the business.
  • A flexible and team orientated approach to work.
  • Previous experience in using Aladdin is preferable although not essential.

Behaviours:

  • Act with integrity, due skill, care, and diligence.
  • Ensure customer outcomes are the focus of our business, and we are respected by our regulators.
  • Collaborate with peers across the organization.
  • Share openly and be transparent.
  • Adopt a responsible approach.
  • Maintain our entrepreneurial culture. 
  • Strive for continuous improvement.

Additional Role Details

  • This role is subject to the Conduct Rules set by the FCA.

Don’t meet every requirement? At Jupiter we are dedicated to building a diverse and inclusive workplace, so if you are interested in this role, but don’t think your experience aligns perfectly with every listed requirement in the job description, we would encourage you to apply. You may be the right person for this role.