Full-Time

Clearing & Risk Associate

Confirmed live in the last 24 hours

Jump Trading

Jump Trading

1,001-5,000 employees

High-frequency trading and market-making services

Compensation Overview

$100k - $150k/yr

+ Bonus

Mid

Chicago, IL, USA

4-day workweek role with one weekend day (Saturday or Sunday) as part of the schedule; initial training is Monday–Friday before transitioning to the 4-day schedule.

Category
Risk Management
Finance & Banking
Required Skills
Python
SQL
Data Analysis
Excel/Numbers/Sheets
Requirements
  • At least 3 years in a related operational role, preferably in financial services.
  • Proficiency in Microsoft Excel (pivot tables, v-lookups) is required.
  • Python and SQL skills are a strong plus.
  • Familiarity with exchange connectivity, clearing systems, and trading infrastructure is advantageous.
  • Strong analytical skills, process improvement experience, and the ability to handle large data volumes accurately under time constraints.
  • Excellent written and verbal communication skills, with the ability to collaborate globally and interface with internal and external contacts.
  • Composure during stressful situations, strong judgment in dynamic environments, and a proactive approach to decision-making.
  • Bachelor’s degree in Business, Economics, Finance, or a related field.
  • Reliable and predictable availability.
Responsibilities
  • Perform daily clearing functions, including trade capture, lifecycle management, reconciliation, and resolving breaks across venues and products.
  • Oversee and manage real-time risk operations, including monitoring trading activity, evaluating trading teams’ risk requests, troubleshooting issues, and ensuring the smooth operation of trading and risk systems in collaboration with brokers, exchanges, and internal teams.
  • Facilitate smooth operations by working directly with trading teams, clearing brokers, exchanges, and internal stakeholders across Technology, Finance, and Operations.
  • Identify opportunities to improve processes and workflows while assisting with developing and maintaining detailed procedural documentation.
  • Execute additional operational duties as needed to support the business.
  • Additional duties as assigned or needed.
Desired Qualifications
  • Familiarity with post-trade lifecycles (Equities, Treasuries, Futures, FX, or Options) is ideal.

Jump Trading specializes in high-frequency trading and market-making in financial markets, with a focus on cryptocurrency through its subsidiary, Jump Crypto. Jump Crypto is dedicated to developing the infrastructure needed for trading digital currencies like Bitcoin and Ethereum. The company utilizes expertise in Mathematics, Physics, and Computer Science to enhance financial transactions and improve trading systems. They cater to a variety of clients, including institutional investors and hedge funds, and operate in major financial centers worldwide. Jump Trading's high-frequency trading model allows them to profit from small price differences in the market, while their market-making efforts provide liquidity, facilitating easier buying and selling of assets. The goal of Jump Trading and Jump Crypto is to lead in financial innovation, particularly in the evolving cryptocurrency landscape.

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$300M

Headquarters

Chicago, Illinois

Founded

1999

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased interest in 24/7 trading benefits Jump's high-frequency trading operations.
  • Expansion in US crypto operations suggests strategic growth in cryptocurrency market.
  • Investment in Silicon Data enhances data transparency and trading algorithm efficiency.

What critics are saying

  • Facing a lawsuit for alleged token manipulation, risking reputation and financial penalties.
  • US crypto expansion may lead to heightened regulatory scrutiny.
  • New exchanges like TXSE and A5X could increase competition, impacting market share.

What makes Jump Trading unique

  • Jump Trading excels in high-frequency trading and market-making across global markets.
  • Their subsidiary, Jump Crypto, focuses on building next-gen crypto infrastructure.
  • They leverage expertise in Mathematics, Physics, and Computer Science for financial innovation.

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Benefits

Medical, dental and vision insurance

Group Term Life and AD&D Insurance

Paid vacation plus paid holidays

Retirement plan with employer match

Paid parental leave

Wellness Programs

Company News

AiThority
Mar 20th, 2025
Silicon Data Secures $4.7 Million in Seed Funding and Expands Compute Industry Data Product Suite

Silicon Data, a leader in advancing data transparency and efficiency in the compute industry, today announced the successful closing of a $4.7 million seed funding round, co-led by DRW and Jump Trading Group with participation from other strategic investors.

Business Wire
Mar 20th, 2025
Silicon Data Secures $4.7M in Seed Funding and Expands Compute Industry Data Product Suite

Silicon Data, a leader in advancing data transparency and efficiency in the compute industry, today announced the successful closing of a $4.7 million seed f...

Traders Magazine
Mar 11th, 2025
24/7 Trading: Are Markets Ready?

Speaking at the The Future of Markets panel at FIA Boca on Monday, March 10, Dave Olsen, President and Chief Investment Officer, Jump Trading Group, said this shift appears to be "the inevitable reckoning."

CryptoFig
Mar 5th, 2025
Jump Trading scales up US crypto operations, accelerates hiring after years of pullback

Jump Trading is expanding its US crypto operations and increasing headcount after a period of reduced presence due to regulatory uncertainty.

PR Newswire
Jan 31st, 2025
Texas Stock Exchange Files Form 1 Registration To Operate As A National Securities Exchange

TXSE Group Inc closes its initial capital raise at $161 million, making it the most well-capitalized exchange to ever file a Form 1DALLAS, Jan. 31, 2025 /PRNewswire/ -- TXSE Group Inc announced today that the Texas Stock Exchange LLC (TXSE) has filed its Form 1 registration with the U.S. Securities and Exchange Commission (SEC).TXSE is one of the only fully integrated exchanges to file for SEC approval in the past 20 years. Its filing proposes trading, listings of corporate issuers and ETPs, auctions, and a range of data products.TXSE's goal is to provide greater alignment with issuers and investors and address the high cost of going and staying public. TXSE is also well underway in building an order matching engine that leverages the latest technology to deliver predictable performance, low latency, and speed comparable to that of the world's top-performing markets.TXSE will continue to work with the SEC on the approval of its registration. If granted, TXSE intends to launch trading in early 2026, with listings by the end of the same year."Today marks another milestone in our journey to make the Texas Stock Exchange a reality," said James H Lee, founder and CEO of TXSE Group Inc