Title - Futures Broker
Client - Finance/banking
Location - Chicago, IL
Duration - 6 months contract (Possible extention)
Possibly Hybrd - In office everyday for training, then may look at 3 days in office.
Willing to work in shift 2am- 8am or 12pm - 8pm or as required subject to Clearing Manager discretion
Flexible to work on US Holiday on rotational basis.
- 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, Carry brokers and clients on trade issues & exceptions
- Order Ticket Checking, 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 information
