OTC Derivatives Middle Office/Operations Manager

Posted 18 March 2026
Salary £70000 - £75000 per annum + Hybrid, Bonus, Benefits
LocationWest London
Job type Permanent
Discipline Banking Operations
ReferencePB1803_1773827983

Job description

Prestigious West end-based Asset Manager seek an OTC Derivatives Middle Office Manager

Contract:Perm + Hybrid, Salary £70,000 - £75,000

Industry/Experience Required for selection: Hedge Funds, Asset Management, Buy side

You can be a proven Middle Office/Operations Manager with OTC derivatives experience, or a Senior Operations Analyst/SME ready to step into their first lead supervisory role with some previous experience supervising work flows and BAU processes

ESSENTIAL EXPERIECNE REQUIRED

You must have the following experience to be considered for this role

  • Full UK working rights - non sponsored role - UK experience
  • Bachelor's degree in Finance, Economics, Accounting, Mathematics
  • 7+ years previous investment operations experience in a preferably Asset Manager or Hedge Fund environment
  • Experience in OTC Derivatives, Equities (Including corporate actions), Unit Trusts, ETF's, FX and trade lifecycles.
  • General Operations Trade support experience including Transfer Agency exposure, custody market openings, tax reclaims, EMIR Reporting, NAV reconciliations, Proxy Voting, new fund set ups.
  • Management experience - Preferred
  • Knowledge of Broadridge portfolio management system- Preferred
  • Proven proficiency in python and SQL. - Preferred

KEY RESPONSIBILITIES

  • Oversight and management of operations team (four people), primarily focusing on OTC business.
  • Working closely with Project Lead in delivering operational projects enhancements and fixes.
  • Assisting with operational daily tasks as required.
  • Managing trade flow efficiency, data reconciliation, Nav calculations
  • Identifying, contributing, implementing technological improvements to the control environment.
  • Assisting with rebate, commission and distribution fee calculations and payments