Trading Operations Specialist
Confirmed live in the last 24 hours
Locations
Houston, TX, USA
Experience Level
Entry
Junior
Mid
Senior
Expert
Desired Skills
Management
SQL
Python
Requirements
- 5+ years of experience working in an operations (non-scheduling) support role overseeing physical and financial Natural Gas trading
- The ability to navigate and analyze P&L across large amounts of data inclusive of trade count, forward marks, and settlements
- Prior interaction with front office and senior management teams in an active trading environment preferred
- Strong excel skills
- Endur or an equivalent system experience is required
- Ability to work with databases, SQL, APIs, and prior python coding experience are all preferred
- Bachelor's degree in Finance, Accounting, Economics or material equivalent exposure
- Demonstrated ability to work independently and quickly solve problems
- Able to perform repeatable tasks with consistent results
- Able to handle sensitive financial data appropriately
- Accuracy and reliability/attention to detail is a must
Responsibilities
- Provide ownership for and expertise of the processes and workflows needed to support standard middle and back functions of the firm's Energy Physical and Financial Natural Gas trading desks
- Trade and position reconciliation with clearing firms, prime brokers, bilateral counterparties, pipelines and storage facilities
- Daily P&L calculation and substantiation, ensuring that all workflows conform to DRW's standards and integrates trading requirements
- Gain mastery of the firm's proprietary and third-party trade capture, inventory management, and P&L reporting systems necessary to support daily trading activity
- Act as process super-user for current workflows and systems, resolving issues that arise between internal groups at DRW and multiple external exchanges, clearers, and counterparties
- Develop strong understanding of front office risk management tools
- Liaise with technology teams to secure proper support/coverage for ongoing operations and implement enhanced workflows, with a focus on process efficiency, risk reduction, and alignment with DRW standards
- Work closely with Business Management and other internal teams to assure new desks, traders, and products are on-boarded correctly
Proprietary trading firm
Company Overview
DRW's mission is to build revolutionary finance. The company is doing this by building a system that applies modeling, technology and quantitative research to identify opportunities in the global financial markets.
Benefits
- Daily catered breakfast & lunch
- Massages
- Social events
- Gym subsidy
- Flexible work arrangements
- Monthly tastings
- Game room
- On-site yoga classes and meditation
- Employee led affinity groups
- Mentor/mentee outings
- Trivia nights
- Educational opportunities
- DRW-sponsored sports teams
- Poker tournament
- Private mother's suite
Company Core Values
- Integrity - In order to collaborate thoughtfully and build strong relationships, we value transparency and hold ourselves and our people accountable.
- Critical thought - We like solving problems and discussing technical and research topics. We question what we think we know.
- Learning - Continual growth and exploration, both formally and in our day-to-day interactions, helps build our skills individually and as a team.
- Challenge consensus - We achieve the highest standard of success by challenging our decision making every day. Our formula? Strong opinions, loosely held.
- Preparation - Always be prepared for the expected and the unexpected. We adapt as the markets evolve, and in-depth research helps us do that.
- Respect - Our work environment is diverse, and that diversity makes us stronger. We collaborate thoughtfully, and hold each other in high regard.
- Sense of urgency - In a fast-paced industry, we adapt and are always ready to act. Priorities shift, objectives evolve and we move quickly to adjust.