Job Opportunities API

The Public Ledger of Openings

← Back to the ledger

Equity Derivatives Operations BA (Calypso)

G MASS
CompanyG MASS
CategoryOperations & Admin
LocationLondon
RemoteOn-site (inferred)
EmploymentContract
LevelNot stated
SalaryNot stated by the employer
Posted30 Jun 2026
Last verified9 Aug 2026
SourceEmployer ATS (workable)
Applications are handled by the employer, not by us.Apply on the employer's site →
Description
G MASS Consulting is working with a leading global financial services organisation to identify an experienced Total Return Swaps and Equity Swaps Operations SME to support the establishment and ongoing operation of a new in-house TRS capability. This is an initial six month contract engagement, with the possibility of a permanent opportunity for the right candidate. The Role As TRS / Equity Swaps Operations SME, you will combine business analysis and process design skills with deep operational expertise to help stand up and then run an in-house TRS capability from the ground up. You will work closely with operations, technology, and business stakeholders - including an external managed service BA - to ensure TRS processes are designed effectively, implemented successfully within Calypso, and supported operationally on an ongoing basis. The expectation is that you will be 5 days a week in the office. Responsibilities: Helping establish and operationalise an in-house TRS and equity swaps operations function Defining the target operating model, workflows, controls, and governance required to support TRS activity Translating business requirements into practical operational processes within the Calypso environment Working with technology teams and the external managed service provider to ensure the platform supports operational needs Creating and maintaining operating procedures, process documentation, and control frameworks Providing SME expertise across the full TRS and equity swaps lifecycle, including trade capture, settlements, lifecycle events, reconciliations, cash flows, collateral, and exception management Supporting the transition away from the current outsourced model Taking ownership of BAU TRS operations once established, ensuring processes run effectively and issues are managed appropriately Acting as the point of expertise for operational queries, process improvements, and ongoing enhancements Requirements Strong experience within Total Return Swaps and/or Equity Swaps Operations Proven experience managing or supporting BAU TRS or equity swaps operations Demonstrated ability to design and document operational processes and workflows Hands-on experience working with Calypso Strong understanding of front-to-back derivatives processes Ability to work across business and technology teams A practical, delivery-focused mindset with the ability to move between process design and hands-on execution Benefits Initial 6-month contract, with view for further extension. Salary to be discussed.