Jobs Companies SimCorp Principal Derivatives Operations Specialist

About this Principal Derivatives Operations Specialist role at SimCorp

SimCorp · Hybrid · Sydney

Who we are

For over 50 years, we have worked closely with investment and asset managers to become the world’s leading provider of integrated investment management solutions. We are 3,000+ colleagues with a broad range of nationalities, educations, professional experiences, ages, and backgrounds. 

SimCorp is an independent subsidiary of the Deutsche Börse Group. Following the recent merger with Axioma, we leverage the combined strength of our brands to provide an industry-leading, full, front-to-back offering for our clients.

SimCorp is an equal-opportunity employer. We are committed to building a culture where diverse perspectives and expertise are integrated into our everyday work. We believe in the continual growth and development of our employees, so that we can provide best-in-class solutions to our clients.

Why this role is important for us

The Derivatives Operations Specialist will be a key part in supporting the end-to-end lifecycle of derivatives within the Investment Operations function. Reporting to the Head of Complex Operations, this role is responsible for ensuring the accurate and efficient processing of derivatives transactions across multiple asset classes. The ideal candidate will have a solid background in derivatives operations, keen attention to detail, and an emphasis on operational excellence.

What you will be responsible for

1. Operational Execution:

  • Support the accurate processing and lifecycle management of OTC and listed derivatives, including trade capture, confirmation, settlement, margining, and collateral management.
  • Ensure timely resolution of trade breaks, reconciliations, and discrepancies in collaboration with internal and external stakeholders.
  • Monitor and manage daily workflows, ensuring adherence to deadlines and operational risk controls.

2. Process Improvement and Efficiency:

  • Identify opportunities to enhance processes, reduce manual intervention, and improve operational efficiency.
  • Collaborate with the Head of Derivatives Operations and technology teams to implement automation initiatives and system enhancements.
  • Develop and maintain documentation for processes, workflows, and controls to ensure consistency and transparency.

3. Stakeholder Collaboration:

  • Work closely with front office, risk management, compliance, and other teams to support trade execution and ensure timely and accurate trade lifecycle processing.
  • Liaise with external counterparties, including clearing brokers, custodians, and service providers, to resolve operational issues and ensure service quality.
  • Support communication with internal stakeholders on operational performance, exceptions, and risks.

4. Risk Management and Compliance:

  • Adhere to regulatory and internal policies, ensuring compliance with frameworks such as EMIR, Dodd-Frank, and MiFID II.
  • Monitor key risk indicators and support the implementation of controls to mitigate operational risks.
  • Assist in preparing for audits, regulatory reviews, and stress testing exercises.

5. Team Support and Development:

  • Contribute to a collaborative and committed team culture by sharing knowledge, supporting peers, and participating in training initiatives.
  • Provide input on team development and operational priorities, ensuring alignment of day-to-day tasks with strategic goals.

What we value

  • +10 years of experience in derivatives operations, such as within asset management, hedge funds, or investment banking.
  • Extensive knowledge of derivative products, including swaps, options, futures, and forwards, across asset classes such as equities, fixed income, commodities, and FX.
  • Familiarity with trade lifecycle processes, including trade capture, margining, collateral management, and settlement.
  • Proficiency in industry-standard platforms (e.g., Calypso, Murex, MarkitWire) and understanding of automation tools (e.g., Excel VBA, Python, or RPA solutions).
  • Solid understanding of regulatory requirements (e.g., EMIR, Dodd-Frank, MiFID II) and operational risk controls.
  • Bachelor’s degree in Finance, Business, or a related field.
  • Skilled at diagnosing and resolving issues, with a precise and thorough approach throughout.
  • Skilled in communicating clearly and working constructively with teammates in a collaborative setting.
  • Ability to multitask, prioritize workload, and meet deadlines in a hectic environment.

Benefits

Attractive salary, bonus scheme, and pension are essential for any work agreement. However, in SimCorp, we believe we can offer more. Therefore, in addition to the traditional benefit scheme, we provide a good work and work-life balance: flexible working hours and a hybrid model. And opportunities for professional development: there is never just only one route - we offer an individual approach to professional development to support the direction you want to take.  

Next steps:

Please send us your application in English via our career site as soon as possible, we process incoming applications continually. Please note that only applications sent through our system will be processed. At SimCorp, we recognize that bias can unintentionally occur in the recruitment process. To uphold fairness and equal opportunities for all applicants, we kindly ask you to exclude personal data such as photo, age, or any non-professional information from your application. Thank you for aiding us in our endeavor to mitigate biases in our recruitment process. 

If you are interested in being a part of SimCorp but are not sure this role is suitable, submit your CV anyway. SimCorp is on an exciting growth journey, and our Talent Acquisition Team is ready to assist you discover the right role for you. The approximate time to consider your CV is three weeks. 

We are eager to continually improve our talent acquisition process and make everyone’s experience positive and valuable. Therefore, during the process we will ask you to provide your feedback, which is highly appreciated. 

#LI-Hybrid

Ready to apply to SimCorp?
Apply to SimCorp

About SimCorp

SimCorp is a provider of industry-leading integrated investment management solutions for the global buy side. Founded in 1971, with more than 3,000 employees across five continents, SimCorp is a truly global technology leader that empowers more than half of the world’s top 100 financial companies through its integrated platform, services, and partner ecosystem. SimCorp is a subsidiary of Deutsche Börse Group. As of 2024, SimCorp includes Axioma, the leading provider of risk and management and portfolio optimization solutions for the global buy side. ---------------------------------------------------------------- Discover more about our culture , recruitment process , and commitment to promo

See all jobs at SimCorp →

Similar jobs

Sign up for suggestions tailored to the jobs you open and the searches you save.

More jobs at SimCorp

See all jobs at SimCorp →

Apply now
🤖

Whoa — hold up

JobsRadar was built for real people having a rough time in their job search — not for automated requests. You're clicking way too fast and you're now temporarily blocked.

Come back later. If you're genuinely job hunting, we've got your back — just act like a human.

Catch your next role the second it’s posted.

Create a free account and we’ll watch the boards for you — the instant a job matches your search, it lands in your inbox or Telegram. No digging, no refreshing.

Create free account

Free forever · takes 30 seconds · already have one?

Get an edge on your job hunt.

Join our Telegram channel for the stuff that helps you land the role — salary benchmarks, the weekly market pulse, and new-feature drops. No spam, just signal.

Join the channel — it's free