Derivatives Operations Associate

Operations Analyst / Associate – Derivatives (SME)

Location: New York, NY (4 days in-office, 1 day remote)

Hours: 8:00 AM start

We are seeking an Operations Analyst / Associate (3–6 years of experience) to join a growing derivatives operations team supporting a specialized trading desk. This is a newly created individual contributor role offering strong exposure to front-office activity and business growth initiatives.

Key Responsibilities:

• Support operational workflows for a derivatives trading desk across multiple asset classes
• Manage lifecycle events for complex products including total return swaps (TRS) across fixed income, equities, and bonds, as well as interest rate swaps
• Partner closely with traders and internal teams to ensure accurate trade capture, reconciliation, and settlement
• Assist with oversight of two active books of business, with trades booked on an international balance sheet
• Contribute to process improvements as the platform scales and new business is onboarded

Qualifications:

• 3–6 years of experience in derivatives operations or middle office support
• Strong product knowledge across total return swaps (TRS), fixed income, equities, bonds, and interest rate swaps
• Familiarity with Murex is a plus
• Ability to work in a fast-paced, high-visibility environment with direct interaction with trading teams

Additional Highlights:

• High-exposure role working directly with a small, experienced trading team (2–3 traders based in New York)
• Established leadership with long-tenured management and a strong team culture
• Opportunity to support incoming business expansion and play a key role in platform growth

This is an excellent opportunity for someone looking to deepen their derivatives expertise while gaining meaningful front-office exposure within a collaborative and growing team.