Derivatives Operations Specialist

Derivatives Operations Specialist – Hybrid (NYC)


We’re looking for a detail-oriented, proactive operations professional to join our team in New York City.


This role offers the chance to work on complex securities and derivatives operations while being part of a collaborative environment that values hands-on experience and practical problem solving; competitive compensation- the salary range for the role is $75,000-$95,000 per year, the position is hybrid, with 2–3 days onsite in Manhattan each week.

What You’ll Be Doing

You’ll be at the center of our securities and derivatives operations, ensuring transactions settle accurately and efficiently. Day-to-day, you will:

• Process securities trades, manage settlements, handle corporate actions, and oversee related operations like fee processing and repo margin calls.
• Support derivatives operations, including cleared swaps, credit default indices (CDX), cross-currency swaps, futures/options, and LCH margin call operations.
• Investigate and resolve trade discrepancies, settlement issues, and confirmations with custodians and brokers.
• Prepare and validate daily and term-end reports for internal management and other teams.
• Manage settlement instructions and updates independently using SWIFT, Money Transfer, and other custodian systems.
• Collaborate on process improvements, new product testing, and documentation updates for policies and procedures.
• Support audits, regulatory inquiries, and compliance initiatives.
• Participate in cross-training and special projects, continuously learning to stay current with market practices and operational best practices.

• You have a Bachelor’s degree and 2 years of hands-on experience in securities and/or derivatives operations.
• You understand settlement practices (Fedwire, DTC, Euroclear) and corporate actions, and are familiar with TMPG/CSDR guidelines.
• You have hands-on experience with SWIFT messages (MT54x, MT2xx) and derivative operations (cleared swaps, CDS, CDX). Knowledge of ISDA Master agreements or Dodd-Frank regulations is a plus.
• You are comfortable using Microsoft Office, Outlook, and custodian systems (such as Easyway, JPM Market, CitiVelocity, Markitwire).
• You thrive in a team environment but can also work independently, solving problems efficiently and adapting to changing situations.
• You value accuracy, communication, and taking ownership of your work.

• This is an opportunity to apply your operational expertise in a hybrid setup that blends onsite collaboration with flexible workdays. You’ll have a tangible impact on critical transactions while being part of a knowledgeable, supportive team in Manhattan.