Operations Specialist, Rates

Qube Research & Technologies (QRT) is a global quantitative and systematic investment manager, operating in all liquid asset classes across the world. We are a technology and data driven group implementing a scientific approach to investing. Combining data, research, technology, and trading expertise has shaped QRT’s collaborative mindset which enables us to solve the most complex challenges. QRT’s culture of innovation continuously drives our ambition to deliver high quality returns for our investors.

Join our global Operations team as an Operations Specialist in London, supporting trading desks and ensuring the integrity of post-trade processes across Rates.

Your future role within QRT includes:

• Supporting trading desks with end-to-end lifecycle management of Interest Rate Derivatives.
• Monitoring and validating trade capture and bookings, ensuring accuracy across front-to-back systems
• Managing trade confirmations via platforms such as MarkitWire, ensuring timely matching and resolution of discrepancies
• Overseeing clearing processes across CCPs (e.g. LCH, CME), ensuring trades are accurately processed and maintained
• Managing lifecycle events including rate resets, fixings, novations, compressions, and terminations
• Investigating and resolving trade breaks across internal systems and external counterparties, including prime brokers and clearing brokers
• Monitoring settlements and cash flows related to rates products, ensuring timely and accurate processing
• Liaising closely with traders and external counterparties to resolve issues and support trading activity
• Supporting new product onboarding and process improvements, working closely with Technology and the COO function
• Contributing to the enhancement of operational controls, processes, and automation across the rates function
• Reconciliation of books and records to administrators and Prime Brokers

Your present skillset:

• 6+ years’ experience in a middle office or trade support role within a financial institution
• Strong experience supporting rates products including Interest Rate Swaps, FRAs, swaptions, caps and floors, and cross currency swaps
• Strong understanding of the full trade lifecycle for rates products, including confirmations, clearing, lifecycle events (resets, fixings, novations, compressions, and terminations)
• Familiarity with industry platforms such as MarkitWire and clearing houses such as LCH or CME
• Strong stakeholder management skills, with the ability to work closely with trading desks and external counterparties
• Excellent communication skills, both written and verbal
• Highly organised with the ability to manage multiple priorities
• Proactive, solutions-oriented mindset with strong attention to detail

QRT is an equal opportunity employer. We welcome diversity as essential to our success. QRT empowers employees to work openly and respectfully to achieve collective success. In addition to professional achievement, we are offering initiatives and programs to enable employees achieve a healthy work-life balance.