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
- 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
Qualifications/Skills
3+ years of experience within Futures & Options, including knowledge of GMI, LISA
Understanding of various exchange clearing systems viz ( 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
Keywords:
Education: Degree is preferred
