Trade Operations OTC Team Lead

Our Global asset manager partner, who is establishing its new business service center in Budapest is hiring a Trade Operations OTC Team Lead. Their purpose is to help clients define and achieve superior financial outcomes through differentiated insights, disciplined investment approaches, and exceptional service. 
Your new roleLead a team of Trade Operations analysts responsible for the smooth and efficient execution of all trade lifecycle processes across multiple asset classes and products. The team’s responsibilities span Trade Affirmation & Capture, Settlements & Cashflows, Collateral & Margin, and support for complex securities. The Team Lead drives operational excellence, mitigates risk, ensures regulatory compliance, and acts as a primary contact for internal and external stakeholders (investment teams, brokers, custodians, technology partners).
Key responsibilitiesLead, coach, and develop a Trade Operations team; ensure strong daily coverage and high performance. 

• Provide trade support for complex securities, including OTC derivatives and private placements. 
• Oversee accurate and timely trade processing: confirmations, settlements, collateral movements, corporate actions, and cash flows. 
• Resolve queries on OTC instruments from traders, portfolio managers, custodians, and counterparties. 
• Coordinate closely with traders, brokers, custodians, and internal teams for smooth end‑to‑end processing. 
• Define and embed best practices for trade operations; enhance the operating model with Operations Leadership. 
• Lead and support operational change: design, testing, and implementation of new processes and system enhancements. 
• Ensure adherence to internal policies and external regulations; represent Trade Operations in audits and reviews. 
• Build strong relationships and serve as the escalation point for operational issues. 
• Maintain and improve procedures; promote continuous improvement

What you need to succeed

• Extensive OTC trade operations expertise, covering the full lifecycle (affirmation & capture, settlements, cashflows, collateral & margin, complex securities
• Familiarity with market utilities such as CTM, SWIFT, CLS, Bloomberg, TradeWeb, MarketAxess; experience with Aladdin is an advantage.
• Proven ability to manage and develop teams within financial services or asset management.
• Operational risk & control mindset, with solid knowledge of regulatory requirements.
• Excellent stakeholder management, able to partner across functions and with external parties (brokers, custodians, counterparties). 
• Bachelor’s degree or equivalent experience
• Strong people leadership and motivation skills, fostering a collaborative, high‑performing culture. 
• Team‑oriented, client‑focused approach, prioritising service quality and timely issue resolution.

The company offers:

• Hybrid working arrangements and reasonable accommodations
• Professional development support, including tuition/qualification reimbursement
• Company events, networking opportunities, and social activities
• More to be shared soon