Futures Broker at Veterans Sourcing Group, LLC in Chicago, Illinois

Posted in Other about 4 hours ago.

Type: full-time





Job Description:

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

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