OTC Derivatives Team Lead

Why work for us

A career at Janus Henderson is more than a job its about investingin a brighter future together.

Our Mission at Janus Henderson is to help clients define and achieve superior financial outcomes through differentiated insights disciplined investments and world-class service. We will do this by protecting and growing our core business amplifying our strengths and diversifying where we have the right.

Our Values are key to driving our success and are at the heart of everything we do:

Clients Come First - Always Execution Supersedes Intention Together We Win Diversity Improves Results Truth Builds Trust

If our mission values and purpose align with your own we would love to hear from you!

Your opportunity

Lead the OTC Derivatives team responsible for the accurate timely and controlled post-trade support of OTC derivatives including Trade Capture & Affirmation Settlement & Cashflows Collateral & Margin. This is a hands-on operational leadership role for someone who understands how derivatives work in practice across their full lifecycle and can combine technical credibility with strong people leadership.

You will own the teams service delivery and control environment act as a senior escalation point for complex or high-risk issues and work closely with investment teams Trading Risk Compliance Technology brokers custodians counterparties and third-party administrators. You will also help shape a scalable operating model through process improvement automation new-product readiness and the development of a capable collaborative team.

You will:

• Lead coach and develop a team of OTC Derivatives professionals ensuring effective coverage strong technical capability clear accountability and consistently high operational standards.
• Own and oversee the post-trade operating model for OTC derivatives including trade capture and verification affirmation and confirmation settlement and cashflows collateral and margin reconciliations and lifecycle event processing.
• Ensure accurate and timely resolution of trade position cash collateral valuation and lifecycle breaks with clear prioritisation and escalation of high-risk or time-critical issues.
• Act as a senior operational point of contact and escalation for Portfolio Managers Traders Risk Compliance Legal Technology brokers custodians counterparties valuation agents fund administrators and other service providers.
• Maintain a robust control environment across daily processing reconciliations exception management data quality procedures governance and regulatory obligations.
• Support operational readiness for new derivatives products markets strategies counterparties and system changes coordinating analysis testing booking-model validation lifecycle readiness and implementation.
• Identify and deliver improvements to workflows controls and management information including automation and straight-through-processing opportunities that reduce manual intervention and strengthen scalability.
• Partner with Middle Office Leadership and colleagues across Global Operations to evolve the target operating model improve service delivery and support strategic initiatives.
• Represent the OTC Derivatives Operations function in audits regulatory reviews control testing and governance forums and ensure operating procedures remain accurate and current.
• Build a collaborative client-focused and high-performing team culture that encourages ownership sound judgement continuous learning and constructive challenge.

What to expect when you join our firm

• Hybrid working and reasonable accommodations
• Generous Holiday policies
• Private Medical Insurance
• Life Insurance Cover
• Paid volunteer time to step away from your desk and into the community
• Support to grow through professional development courses tuition/qualification reimbursement and more
• Maternal/paternal leave benefits and family services
• Complimentary subscription to Headspace Apple Health Strava
• All employee events including networking opportunities and social activities
• Annual SZÉP Card allowance

Must have skills

• Derivatives Operations Experience: Extensive hands-on experience with OTC derivatives post-trade or middle office operations related experience preferred.
• Product & Lifecycle Expertise: Strong working knowledge of derivative trade lifecycles across several product types such as options or swaps and related collateral margin cashflow and lifecycle events.
• Relevant Industry Background: Experience gained within an asset manager investment bank hedge fund or similarly complex financial-markets environment. Experience across more than one operating model is beneficial.
• Team Leadership: Proven ability to lead coach and develop operations professionals set priorities manage coverage and create a culture of ownership and high standards.
• Operational Control & Judgement: Strong understanding of operational risk reconciliations exception management regulatory obligations and control frameworks with the judgement to assess impact and escalate appropriately.
• Problem Solving: Ability to investigate complex trade position valuation settlement collateral and lifecycle issues and coordinate practical resolution across multiple stakeholders.
• Change & Process Improvement: Demonstrated success improving workflows controls or systems through automation standardisation testing implementation or operating-model change.
• Stakeholder Management: Credibility and communication skills to work effectively with investment teams Trading Risk Compliance Technology and external partners in a multinational organisation.
• Experience Level: We welcome different career paths. As a guide successful candidates are likely to bring approximately 4-5 years of relevant derivatives operations experience although depth breadth and leadership readiness are more important than a precise number of years.

Nice to have skills

• Complex Products: Operational experience with equity or commodity derivatives vanilla and exotic options structured payoffs TRS variance or volatility products credit or rates derivatives and private placements.
• Valuation & NAV Support: Experience resolving pricing valuation accounting or reconciliation issues with fund administrators valuation agents and internal stakeholders including support for NAV sign-off.
• Collateral & Legal Frameworks: Working familiarity with collateral operations and agreements such as ISDA CSA GMRA and tri-party arrangements.
• Systems & Market Infrastructure: Experience with platforms and utilities used in derivatives operations such as Aladdin SimCorp Charles River Bloomberg MarkitWire Acadia TriResolve clearing-broker or custodian portals or comparable systems.
• New Product & Service Readiness: Experience establishing or expanding a derivatives operations function onboarding products or counterparties or supporting migrations and regulatory change.
• Data & Automation: Confidence using data management information and workflow tools to improve transparency controls and operational efficiency.

Competencies required

• Management and Inspiration: Able to motivate others build technical confidence and foster a collaborative inclusive and high-performing culture.
• Hands-on Leadership: Comfortable moving between team leadership detailed operational problem-solving and senior stakeholder engagement.
• Client Focus and Ownership: Consistently focused on accurate timely service and willing to take ownership through to resolution.
• Communication: Clear and credible written and verbal communicator who can explain complex operational issues to technical and non-technical audiences.
• Relationship Building: Able to build trusted relationships across functions levels locations and external partners.
• Adaptability and Curiosity: Able to learn new products and processes challenge existing ways of working and lead constructively through change.

Supervisory responsibilities

• Yes

Potential for growth

• Mentoring
• Leadership development programs
• Regular training
• Career development services
• Continuing education courses

You will be expected to understand the regulatory obligations of the firm and abide by the regulated entity requirements and JHI policies applicable for your role.

At Janus Henderson Investors were committed to an inclusive and supportive environment. We believe diversity improves results and we welcome applications from candidates from all backgrounds. Dont worry if you dont think you tick every box we still want to hear from you! We understand everyone has different commitments and while we cant accommodate every flexible working request were happy to be asked about work flexibility and our hybrid working environment. If you need any reasonable accommodations during our recruitment process please get in touch and let us know at

#LIDI1 #LI-HYBRID

Annual Bonus Opportunity:Position may be eligible to receive an annual discretionary bonus award from the profit pool. The profit pool is funded based on Company profits. Individual bonuses are determined based on Company department team and individual performance.

Benefits: Janus Henderson is committed to offering a comprehensive total rewards package to eligible employees that includes; competitive compensation pension/retirement plans and various health wellbeing and lifestyle benefits. To learn more about our offerings please visit the Why Join Us section on the career pagehere.

Janus Henderson Investors is an equal opportunity employer.All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability or veteran status. All applications are subject to background checks.

Janus Henderson (including its subsidiaries) will not maintain existing or sponsor new industry registrations or licenses where not supported by an employees job functions (as determined by Janus Henderson at its sole discretion).

You should be willing to adhere to the provisions of our Investment Advisory Code of Ethics related to personal securities activities and other disclosure and certification requirements including past political contributions and political activities. Applicants past political contributions or activity may impact applicants eligibility for this position.

You will be expected to understand the regulatory obligations of the firm and abide by the regulated entity requirements and JHI policies applicable for your role.