Operations Analyst

Position Overview:

Primary focus will be on Commodities within the Operations team, who are responsible for trade capture, trade confirmations, settlements, reconciliations and position life-cycle events within the firm. 

• Manage all aspects of a growing physical and derivative Commodities business, including trade validation, maintenance, affirmation, settlement and reconciliation.
• Validate process and settle all periodic events to ensure the integrity of the entire trade life cycle.
• Perform position and cash reconciliations
• Perform trade affirmation in multiple systems (depending on asset type) with counterparties to minimize risk.
• Monitoring T+0 trade capture exceptions.
• Processing option assignments and expiries.
• Onboarding new trading counterparties and exchanges

Required Qualifications:

• 4+ years in Commodities middle-office / trade support experience covering trade processing, collateral, confirmations, settlements, cash, position and trade reconciliations.
• Demonstrate proficiency in all types of Commodities, including:
  • Futures and Options on exchange (LME, CME, SHFE, SGX)
  • Future lookalike (swaps) and other OTC products
  • OTC products traded bilaterally with physical players
  • Paper-like physical ownership such as Warrants, Pool Accounts, Carbon Certificates etc
  • Physical ownership of Commodities (off-warrant)
• Demonstrate proficiency in all calculations used to support any products in your asset class coverage.
• Understand the importance of our team concept. Establish long-lasting organizational relationships that will foster a productive work environment.
• Demonstrate proficiency in written and oral communication skills.
• Working on system and process improvements, and new business initiatives.
• Understand the relevant technology and applications that are required to excel in the role.

The minimum base salary for this role is $80,000 if located in New York.  This expectation is based on available information at the time of posting.  This role may be eligible for discretionary bonuses, which could constitute a significant portion of total compensation.  This role may also be eligible for benefits, such as health, dental, and other wellness plans, as well as 401(k) contributions.  Successful candidates’ compensation and benefits will be determined in consideration of various factors.