Flow Traders is looking for an Operations Analyst to join our growing Risk Management and Operations team (RMO) in New York. The ideal candidate possesses strong attention to detail and the drive to innovate and automate. This is a unique opportunity to join a leading proprietary trading firm with an entrepreneurial and innovative culture at the heart of its business. We value quick-witted, creative minds and challenge them to make full use of their capacities.
RMO at Flow Traders provides support during the life cycle of a trade, creates reconciliations, develops reporting, performs capital management, and monitors trading limits. It is also the responsibility of the team to identify, assess, respond, and monitor various risk to the firm. The team continuously seeks opportunities to automate its workflows and processes, develop new ways to monitor and track data, and communicate key performance indicators of the department. RMO works in step with all departments of the firm locally and globally to help facilitate the continuing business initiatives of the firm.
What You Will Do
- Trade matching, booking, and settlement reconciliation
- Manage counterparty onboarding and operational relationships
- Position/PNL/cost reconciliation
- Develop new operational and risk management tools
- Maintain and enhance current infrastructure
- Liaising with Trading, Bus Dev, IT, and Compliance to solve problems and create solutions
- Projects involvement to facilitate interdepartmental and global business goals
What You Need to Succeed
- 1 to 5 years of experience in Financial Operations
- Bachelor’s degree in Business, Math, Computer Science or related
- Working/Advanced knowledge of Excel and VBA
- Working knowledge of SQL preferred
- Experience with Python, C# or other coding applications, a plus
- Detail oriented and eager to find and address the root cause of issues
- Ability to work independently and responsibly within company policies and guidelines
- Demonstrated ability to develop or build scalable process improvements
- Proven analytical skills and the ability to assess complex situations quickly under pressure
- Affinity for trading and markets
- A proactive and flexible personality
- Excellent communication skills, both verbal and written
- Series 7 or 99, a plus
Recruitment Process
- Submit your resume.
- Phone Interview with our Recruitment Team
- Video Interviews with our Risk Management and Operations Team
Please note that the recruitment process will take place virtually or in person, but this position will be required to report in-person at our New York office.
Where permitted by applicable law, all new hires as of August 15th 2021, will be required to provide proof of COVID-19 vaccination. Accommodations related to this requirement will be available for individuals unable to be vaccinated due to a medical condition or sincerely held religious belief.
What We Offer
At Flow Traders, we acknowledge the importance of open and transparent communication whether it be with our employees, our stakeholders, or our local and global communities.
When it comes to salary, Flow Traders uses reliable market research to create base ranges. Where candidates will fall within the range depends on a few different factors including but not limited to level of experience, location, and specific skill set.
We also consider ourselves one global team, and to demonstrate that, all employees are eligible to share in the company’s success through an annual discretionary variable remuneration allocated based on company, group and individual performance and contribution.
Per the NYC Salary Transparency Law, the total compensation for this role includes a base of $85,000 - $100,000 plus annual discretionary variable remuneration.
We like to think that talent grows at Flow and stays at Flow. To ensure this, we provide our employees with an extensive onboarding program, access to Flow Academy, the best working environment, the latest technology and continuous support. We go out of our way to retain the small business feeling with which we started and stimulate innovation and collaboration through teamwork and our non-hierarchical approach. In addition to salary and annual discretionary variable remuneration, we offer other fantastic perks and benefits, such as:
- Medical, Vision, Dental Insurance coverage with generous employer contributions up to 100% for medical
- 401k plan with generous match
- In-house lounge with a bar, game consoles, poker & billiards tables
- Daily catered lunch, cold brew coffee on tap and a fully stocked kitchen
- Bi-weekly table massages and haircuts
- Annual company trip and a variety of events throughout the year
- Reimbursed gym membership, home equipment and other wellness initiatives
- Global rotations between our offices worldwide
- Flow Academy for continuous learning and opportunities to attend industry seminars and conferences
- and more!
Flow Traders does not accept unsolicited resumes from any professional staffing or search firms. All resumes, and any other information identifying potential candidates, submitted to any employee at Flow Traders via-email, the Internet or directly without a valid and signed search agreement will be deemed free to contact by Flow Traders without any restrictions and no placement fee of any kind will be paid in the event the candidate is hired by Flow Traders.