Rodeo
Get started

G MASS Consulting

Equity Derivatives Operations BA (Calypso)

London
Posted 26 days ago
Sign up to applySee more jobs like this

How your CV stacks up

1Upload CV
2Analyse CV
3Improve CV

Upload your CV to see how well it fits this job role

?%

G MASS Consulting is working with a leading global financial services organisation to identify an experienced Total Return Swaps and Equity Swaps Operations SME to support the establishment and ongoing operation of a new in-house TRS capability.

This is an initial six-month contract engagement, with the possibility of a permanent opportunity for the right candidate.

The Role

As TRS / Equity Swaps Operations SME, you will combine business analysis and process design skills with deep operational expertise to help stand up and then run an in-house TRS capability from the ground up.

You will work closely with operations, technology, and business stakeholders - including an external managed service BA - to ensure TRS processes are designed effectively, implemented successfully within Calypso, and supported operationally on an ongoing basis.

The expectation is that you will be 5 days a week in the office.

Reasons to use Rodeo

I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?

Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.

Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.

Start with a chat, not a search bar

Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.

P

Graduate Consultant — 2026 Scheme

PwC·London, UK
£35,000/yr

Why you're a good match

Strong

Your economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.

See breakdown
Save jobNot relevant
View details

It searches the market for you

Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.

Why you're a good match

You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.

See breakdown
Strong

Experience fit

Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.

See breakdown
Strong

Only hits

No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.

Responsibilities

  • Helping establish and operationalise an in-house TRS and equity swaps operations function
  • Defining the target operating model, workflows, controls, and governance required to support TRS activity
  • Translating business requirements into practical operational processes within the Calypso environment
  • Working with technology teams and the external managed service provider to ensure the platform supports operational needs
  • Creating and maintaining operating procedures, process documentation, and control frameworks
  • Providing SME expertise across the full TRS and equity swaps lifecycle, including trade capture, settlements, lifecycle events, reconciliations, cash flows, collateral, and exception management
  • Supporting the transition away from the current outsourced model
  • Taking ownership of BAU TRS operations once established, ensuring processes run effectively and issues are managed appropriately
  • Acting as the point of expertise for operational queries, process improvements, and ongoing enhancements

Get help with your application

Your very own career expert that helps elevate your application to the next level.

Get help applying for this job

Requirements

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

Benefits

  • Initial 6-month contract, with view for further extension.
  • Salary to be discussed.
Trusted by 25,000+ job seekers

“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”

Jessica, London

Get help applying for this job

Skills

Total Return Swaps
Equity Swaps
Calypso
Business Analysis
Process Design
Target Operating Model
Trade Capture
Settlements
Reconciliations
Collateral Management
Exception Management
Derivatives Operations
Governance
Control Frameworks
Lifecycle Events
Cash Flows

Location

London, England, United Kingdom

Sign up to applySee more jobs like this