Junior Operations Analyst

Role: Junior Operations Analyst

Department : Operations

Location-(s): London 

Squarepoint is a global investment management firm that utilizes a diversified portfolio of systematic and quantitative strategies across financial markets that seeks to achieve high quality, uncorrelated returns for our clients. We have deep expertise in trading, technology and operations and attribute our success to rigorous scientific research. As a technology and data-driven firm, we design and build our own cutting-edge systems, from high performance trading platforms to large scale data analysis and compute farms. With offices around the globe, we emphasize true, global collaboration by aligning our investment, technology, and operations teams functionally around the world. Building on our quantitative research platform and process-driven approach, Squarepoint also runs discretionary strategies to augment our systematic approach and monetize opportunities which may not be suitable to be traded in a systematic strategy.

Position Overview:

Primary focus will be on OTC Derivatives Middle Office who are responsible for derivative trade capture, trade confirmations, settlements, reconciliations and position life-cycle events within the firm. 

• Manage all aspects of OTC Derivative trade validation, maintenance, affirmation, settlement and reconciliation.
• Validate process and settle all periodic events to ensure the integrity of the entire trade life cycle.
• Perform position and cash reconciliations
• Perform trade affirmation in Markitwire with counterparties to minimize risk.
• Monitoring T+0 trade capture exceptions in Traiana and internal.
• Processing option assignments and expiries.

Required Qualifications:

• 1-3 years Middle/Back office experience covering trade processing, collateral, confirmations, settlements, cash, position and trade reconciliations.
• Demonstrate/develop proficiency in all types of OTC products including: Equity swaps, credit default swaps, fixed income, options, interest rate swaps, forwards, FX and crypto.
• Demonstrate proficiency in all calculations used to support any products in your asset class coverage.
• Understand the importance of our team concept. Establish long-lasting organizational relationships that will foster a productive work environment.
• Demonstrate proficiency in written and oral communication skills.
• Working on system and process improvements, and new business initiatives
• Understand the relevant technology and applications that are required to excel in the role.
• Excel, Markitwire, Icelink and Bloomberg are the critical applications used daily.