OTC Rates, Credit and FX Options Hedge Fund Operations

Company: Black Swan Group
Apply for the OTC Rates, Credit and FX Options Hedge Fund Operations
Location: London
Job Description:

  • Job Title – Rates, Credit and FX Options Hedge Fund Operations Analyst
  • Vacancy Type – Permanent
  • Location – London
  • Salary – £70,000 to £85,000 base salary + benefits + bonus (discretionary company bonus)
  • Working Model – In office – 4 days a week in the office (1 Day WFH- Hybrid)
  • UK Right to Work – please note no PSV / Student Visa’s or time limited visas are being considered by our client. This is a permanent role, and “No” client sponsorship is offer.

A growing multi strategy hedge fund based in London is looking to hire a Rates, Credit and FX Options Hedge Fund Operations Analyst to join the London Operations team which is growing. Looking for someone with 4 years Hedge Fund Operations experience- this is a prerequisite.

The fund has significant AuM deployed across several funds, specialising in Fixed Income, OTC Rates, Credit, FX Options. This is an opportunity to work directly with a leading Middle Office Operations team, to service trading flow, resolve challenging trading queries, face to external counterparties and manage trade life cycle events (coupon payments, rate re-sets, FX options, expires, credit events et al), and provide the business with ops risk management services.

The business offers anyone joining with a great opportunity to be trained on traded products and have an entry point into a successful and growing hedge fund in London.

Key Deliverables – – will be varied, broad and not limited in nature, effectively providing front to back trade support for the cross assets traded by the hedge fund in London.

  • Responsible for front to back trade capture, trade affirmations, matching/allocations, trade enrichment (covering settlements, reconciliations) and managing trade life cycle events.
  • Working with a wide range of internal and external clients, supporting the PMs and Trading desk, facing off to counterparties / brokers to resolve trade discrepancies, breaks and offer trade and query resolution in a timely manner.
  • Trade life cycle management – options, expires, rate re-sets, credit events and corporate actions.
  • The business is forward thinking and has a culture of continuous improvement and leveraging the latest technologies to drive efficiencies across its new fund launches, controls, process and systems.
  • Experience and prior knowledge of trade management systems is highly desirable and advantageous.
  • Value added skills in Excel VBA (ability to create, edit VBA macros) and leverage any object-oriented programming skills in Python.

The current business has an existing Trading Operations team in London, and service other global centres and looking for someone with 5 to 8 years’ experience looking to transition into a growing hedge fund.

Prerequisite Requirements-

  • Min 4 Years experience within Hedge Fund Operations derived from a Hedge Fund (Alternative, Multi Strat, Macro),
  • Direct experience across a wide portfolio of trade products, including OTC Interest Rates, Credit, and FX Options.
  • STEM based University Degree, with 1st or 2.1 minimum grade degree.
  • IT Skills – Advanced Excel VBA (ability to create, edit VBA macros) and leverage any object-oriented programming skills in Python.
  • Strong communication skills with the ability to partner with trading desks, manage complex queries and provide clear resolution.

  • Salary – £70,000 to £85,000 base salary + benefits + bonus (discretionary company bonus)
  • Working Model – 4 days in the office and 1 Day WFH

Attractive compensation package is on offer with benefits and company bonus scheme.

We ask candidates to respect and adhere to UK Right to Work requirements.

  • UK Right to Work – please note no PSV / Student Visas or time limited visas are being considered by our client. This is a permanent role, and no client sponsorship is offer.

Please do apply early to join a fast-growing hedge fund in London, with an exciting career path and opportunities to move into the business.

Raj Dhanapala – Black Swan Group

Posted: May 23rd, 2026