Key responsibilities
Trade capture & daily lifecycle management
Own the accuracy of the trade book as the agreed source of truth between the desk and downstream systems, including risk and positions.
Validate that new equity swaps (single-name, basket, index and portfolio TRS) are booked completely and accurately, checking economics such as notional, financing spread, reset frequency, dividend treatment and the underlying / fixing source as well as commissions values.
Manage the full trade lifecycle: rate and equity resets, fixings, partial unwinds, terminations, novations, amendments and rollovers — ensuring each event is captured correctly and on time.
Equity events: dividends, corporate actions & financing
Process dividend resets / manufactured dividends and validate the equity financing legs, ensuring correct rates, spreads and accruals.
Assess and apply the impact of corporate actions (splits, mergers, spin-offs, rights issues) and index rebalances on swap positions.
Calculate and validate periodic resets and cash flows across the equity and financing legs.
Confirmations, reconciliations & exception management
Review and affirm trade confirmations against front-office terms, liaising with counterparties and internal legal / confirmations teams, and managing electronic affirmation platforms (e.g. MarkitWire / OSTTRA, DTCC).
Perform daily position, cash and economic reconciliations between the front office, books & records and counterparties; investigate and resolve breaks within SLAs.
Own exception and aged-item management, escalating risk-relevant items promptly.
P&L, cash flow & settlement support
Support daily P&L production and sign-off, validating moves and investigating variances alongside the desk and Product Control.
Validate and manage swap cash flows (financing, equity, dividend and fee legs); coordinate settlements with Operations and resolve fails.
Coordinate margin and collateral movements with the relevant teams for cleared and bilateral trades.
Controls, risk & regulatory
Uphold the team’s operational control framework, supervisory checks, data integrity and segregation of duties, in a high-volume environment.
Support transaction-reporting obligations (e.g. EMIR, MiFID II, Dodd-Frank / CFTC) and margin requirements (UMR), ensuring accuracy and completeness.
Identify control weaknesses, contribute to remediation, and support internal and external audits.
Partnership, service & change
Act as a trusted partner to trading, sales, structuring, product control, risk, collateral, technology and operations, providing a responsive service on trade queries.
Serve as a point of escalation across network of teams.
Contribute to automation and process-improvement initiatives, including requirements definition and UAT for new tools and system migrations.
How We Work:
Delta Capita is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, colour, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. If you require any reasonable adjustments through your interview process, please use the designated space within the application questionnaire.
This is a hybrid fixed term contract position located in London. As the selection and interview process is ongoing, please submit your application in English as soon as possible, if your profile is selected, a member of our team will contact you within 4 weeks. For this role, a valid working permit for the UK is mandatory.
Who We Are:
Delta Capita Group (a member of the Prytek Group) is a global managed services, consulting, and solutions provider with a unique combination of experience in Financial Services and technology innovation capability. Our mission is to reinvent the financial services value chain providing technology based mutualized services for financial institutions for non-differentiating services.
Our 3 offerings are:
Managed Services
Consulting & Solutions
Technology
To know more about Delta Capita and our culture click here: Working at DC - Delta Capita.
