Senior Operations Associate
Job Description
Who we are:
We at Swissblock are a private investment firm on a mission to lead the way in crypto and cross-asset investing. With a keen understanding that timing is paramount, we employ a systematic approach that combines robust algorithmic trading with exhaustive cross-asset market analysis.
We are seeking an operations professional to bring passion and structure to build the foundations of a new company branch.
We are partnering with the best solution providers to make the execution and post-trading workflow as transparent and efficient as possible. The overarching goal is to simplify communication and allow our key resources to focus together on problem-solving whilst considering automation.
This role will be based on-site in Baar, Switzerland, three days a week and will require relocation, which we can support.
What you’ll be doing:
As a Senior Operations Associate, you will be responsible for:
- Supporting portfolio managers and execution traders. Your duties include trade capture, reconciliation, resolution of position and trade-related queries, ad-hoc reporting, settlement, compressions, collapses, and corporate actions.
- Managing all related layers of complexity involved in daily positions and cash reconciliation.
- Ensuring consistency of information in OMS to ensure the reliability of mark-to-market PnL.
You will also be interfacing with:
- The technology team, to improve workflow and reporting automation, as well as to increase scalability.
- Our compliance team, particularly with the maintenance of automated order filtering and management of exceptions.
- Treasury activity (collateral and cash-equivalent management), to always allow portfolio managers and executing traders to operate safely.
- Pricing and valuation review flow, focusing on easing communication through common data standards and understanding.
What you’ll bring:
- Proven hands-on experience of at least five years in an operations team with significant flow that includes automated trading.
- Personal hands-on experience of at least three years in the following operations procedures for futures and IRS (in each):
Performing trade settlement, as well as position and PnL reconciliations. Conducting standard line-item management for IRS, such as unwinds and collapses. Handling trade capture (i.e., bookings) and booking amendments in a well-known OMS.
- A very good understanding of futures and IRS, including associated operations workflows.
- Strong, clear, and concise verbal and written communication skills in English.
- Willing to relocate to Switzerland (Zurich / Zug area).
Preferred experience:
- Proven hands-on experience in CDS/CDX, FX forwards, and cash equities, especially in credit-related workflows (such as blended-coupon compressions for CDX).
- Experience in collateral management (margin and cash).
- Experience with corporate actions in cash equities.
- Proficiency in German.
Why you should apply:
At Swissblock, we offer an exciting and diverse environment with flat hierarchies and excellent peers. We are a profitable company with a culture based on responsibility and merit. Empowerment is a key value reflected in our career dynamics, which continuously grow with the business.
In addition to a modern office in Baar, Switzerland, with the flexibility to work from your home office twice a week, we propose a competitive compensation package, an annual bonus, 25 days of annual leave, progressive social benefits, and engaging company events.
Date Posted
08/29/2024
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