Futures Operations - Clearing (Finance)
Futures Division clears 30 Exchange globally and reconciles over 70+ balancing sheets. Clearing team is responsible for managing all clients and executing brokers cleared trades and requires a strong and motivated individual to perform top day clearing functions.
Responsibilities:
- Ensure all trades are cleared, allocated and booked correctly in client account on trade date
- Liaise with Exchanges, C arry broker s and clients on trade issues & exceptions
- Order Ticket Check ing , Expiring Options , maintain static data viz Contact setups in GMI & Middle Off system (LISA)
- Perform Position maintenance & Close outs on the Exchange and Carry broker
- Handle position transfers both internal and external
- Perform various checks viz offsets, top day recon using DUCO , settlement prices etc. prior to handing over the systems for end of day processing
- Work closely with Balancers, Client Service Group and Deliveries team within Operations
- Reply promptly to Exchange and Regulators
- Maintain updated procedures, checklist and contact informatio n
- Willing to work in shift 12 pm - 8pm or as required subject to Clearing Manager discretion
- Flexible to work on US Holiday on rotational basis
Qualifications/Skills
- 3 + years of experience within Futures & Options, including knowledge of GMI , LISA
- Understanding of various exchange clearing systems viz ( CME, ICE FEC, ECS, FEC+, OCC, EUREX, EEX etc. )
- Proficiency in Excel, Word , and Outlook
- Excellent follow-through and attention to detail.
- Dynamic & proactive team player with the ability to identify process inefficiencies to improve capacity, efficiency, and control.
- Self-starter with a proven ability to take initiative.
- Team-oriented with strong integrity and professionalism.
- Proper escalation of issues.
- Strong time management skills are required to meet time critical deadlines and priorities.
- Effective verbal and written communication skills; notably the ability to clearly articulate issues and influence resolution.
- Have a growth mindset
The expected base salary ranges from $80,0 00 - $150,000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.
