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.