TRS Operations SME, Calypso

Role Overview

• Support the transition of TRS activity into an internal operating model.
• Combine process design, operational expertise, and hands-on delivery.
• Work across operations, technology, and business stakeholders to ensure effective TRS processes.
• Establish and operationalise an in-house TRS operations function.
• Define the target operating model, workflows, controls, and governance required.
• Provide SME expertise across the full TRS lifecycle including trade capture, settlements, lifecycle events, reconciliations, cash flows, collateral, and exception management.
• Translate business requirements into operational processes in the Calypso environment.
• Collaborate with technology teams to ensure platform supports operational needs.
• Create and maintain operating procedures, process documentation, and control frameworks.
• Support transition away from the current outsourced model.
• Take ownership of BAU TRS operations once established.
• Act as a point of expertise for operational queries and process improvements.

Requirements

• Strong experience within Total Return Swaps / Equity Derivatives Operations
• Proven experience managing or supporting BAU TRS operations
• Hands-on experience working with Calypso
• Strong understanding of front-to-back derivatives processes
• Experience defining, improving, or implementing operational processes
• Ability to work across business and technology teams
• A practical, delivery-focused mindset with the ability to move between process design and execution

Desirable Experience

• Experience bringing outsourced operations in-house
• Experience working within brokerage, banking, or capital markets environments
• Previous involvement in operational transformation or platform implementation activity

Benefits

• Initial 6-month contract, with view for further extension.

Salary to be discussed.