Trading Operations Specialist
Posted on 3/27/2023
INACTIVE
DRW

1,001-5,000 employees

Diversified global trading and investment leveraging technology.
Company Overview
DRW stands out for its diversified approach to trading and investment, leveraging technology, research, and risk management across multiple asset classes and global markets. The company fosters a culture of high expectations and continuous learning, offering the dynamism of a startup with the stability of an established firm. Employees are encouraged to solve complex problems, with their efforts duly recognized and rewarded, making DRW a compelling place to work for those seeking intellectual stimulation and professional growth.
Data & Analytics
Quantitative Finance
Financial Services

Company Stage

M&A

Total Funding

N/A

Founded

2001

Headquarters

Chicago, Illinois

Growth & Insights
Headcount

6 month growth

5%

1 year growth

20%

2 year growth

45%
Locations
Houston, TX, USA
Experience Level
Entry
Junior
Mid
Senior
Expert
Desired Skills
Python
Management
SQL
CategoriesNew
Quantitative Finance
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