Senior Analyst, Derivatives Operations
PGIM Ireland Limited · Letterkenny, Ireland
About The Role
A GLOBAL LEADING ASSET MANAGER WITH A DIVERSE & INCLUSIVE CULTURE
As the Global Asset Management business of Prudential Financial Inc. (PFI), we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world.
We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers!
If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today.
At PGIM, You Can!
This role is based in Letterkenny (on-site 2 days a week)
Overview:
The individual in this role will support PGIM Derivative Operations by assisting with day-to-day post-trade activities for derivative products, including FX, futures, options, swaps, and other cleared, bilateral, and exchange-traded instruments. This position will help validate trade activity, monitor confirmations, settlements, clearing, reconciliations, collateral and margin workflows, and resolve routine exceptions. The role requires strong attention to detail, analytical skills, and the ability to work closely with internal Operations partners, Trade Support, custodians, clearing brokers, broker-dealers, and counterparties to support accurate and timely derivative operations processing.
Primary Responsibilities:
- Support daily post-trade processing for derivative products, including trade validation, confirmations, settlements, clearing, lifecycle events, and exception follow-up.
- Assist with maintaining derivative trade activity in Aladdin and related platforms to support accurate books and records, positions, and operational data.
- Monitor derivative settlements, collateral movements, margin activity, cash interest, and related payment workflows under established procedures and controls.
- Perform daily reconciliations with brokers, clearing brokers, custodians, and internal systems to identify and escalate trade, cash, position, and commission breaks.
- Partner with internal teams and external parties to research and resolve routine operational exceptions, settlement issues, collateral inquiries, and trade lifecycle questions.
- Follow documented procedures, complete daily checklists, escalate issues timely, and support control, audit, and risk management activities as needed.
- Prepare recurring operational reporting related to derivative activity, reconciliations, exceptions, and processing metrics.
- Contribute to process improvement efforts by identifying manual tasks, recurring issues, and opportunities to improve workflow efficiency.
Requirements:
- Bachelor’s degree in Finance, Accounting, Business, Economics, or a related discipline preferred.
- 1–3 years of experience in financial services, investment operations, trade support, confirmations, settlements, collateral management, or a related operations function.
- Exposure to derivative products such as swaps, futures, options, FX forwards, cleared derivatives, or bilateral OTC instruments preferred.
- Proficiency with Microsoft Office Suite; experience with Aladdin or other investment operations platforms a plus.
- Basic understanding of derivative confirmations, clearing, settlement, collateral, margin, or reconciliation processes a plus.
- Ability to work with internal teams, custodians, clearing brokers, broker-dealers, counterparties, or fund administrators to resolve operational issues.
- Strong attention to detail, analytical thinking, and ability to investigate exceptions, reconcile breaks, and escalate issues appropriately.
- Interest in operational risk, controls, and process improvement within a derivative operations environment.
*PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.
What we offer you
- Health Insurance: PGIM Ireland partner with Laya and BUPA to provide health insurance schemes that cover eligible employees day to day medical and hospital expenses.
- Annual Leave of 23 days at full pay.
- Pension Scheme: Members of the scheme can contribute up to 8% of salary per annum and PGIM Ireland matches contributions up to 8% of salary. Members can also make voluntary contributions to the scheme.
- Annual Bonus Programme & Shop LK Vouchers / CleverCards (subject to eligibility): Along with an annual bonus employees are rewarded with Shop LK Vouchers/ CleverCards which are paid tax free.
- Life Assurance: fully paid by PGIM Ireland, employees are covered from their start date and beneficiaries are provided with a lump sum of four times an employee’s salary.
- Education Assistance: PGIM Ireland have an Education Assistance Programme that reimburses eligible employees for furthering their education.
Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.
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PGIM Ireland is proud to be an equal opportunity employer and is committed to equal employment opportunity regardless of applicants’ gender, civil status, family status, sexual orientation, religion, age, disability, race or membership of the traveler community. PGIM Ireland's aim is to hire the best people for the open roles and all appointments will be made on merit.
Any offer of employment made by PGIM Ireland will be contingent on receiving satisfactory references. Applicants should be aware that background checks will be carried out on all candidates offered a position within PGIM Ireland.
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