Overall Purpose and Objective of Position This position is responsible for processing daily derivative trade activity for the clearing division of a fast-paced international commodity trading firm.
Primary Responsibilities/Essential Functions: Process trades cleared by external brokers in back-office system after verification against trader confirmations.Perform end of day reconciliation of positions and ensure trades are in the correct accounts.Upload internal trades in back-office system and verify that there is no position or P&L impact.Communicate with other team members, traders, and brokers to resolve any trade discrepancies.Review and process account corrections.Identify and allocate trades from our clearing house to other brokers to clear.Additional Responsibilities: Participate in cross-training of all operational duties to provide proper coverage of departmental functions.Continuously review day to day processes of the department to ensure clarity and efficiency.Prepare reports/documents for Margins and Reporting group as needed.Assist in any ad-hoc projects as needed.Company Conformance Statements In the performance of their respective tasks and duties all employees are expected to conform to the following:
Interact professionally with co-workers and company business associates.Perform quality work within deadlines with or without direct supervision.Able to work effectively in a cooperative spirit to serve the best interests of the Company.Operate in a fully responsible manner and comply with the law and Company policy.Education/Professional Certifications/Licenses The following is the preferred qualification:
Bachelor's degree in business, Accounting, Economics, or related field.Professional certification in accounting/finance.Experience The following is the basic qualification:
With a bachelor's degree, 2 (plus) years of experience in commodities or financial back-office operations.With a High School diploma, 5 years of experience in commodities or financial back-office operations.Knowledge/Skills/Abilities (including any physical demands) The following are the basic qualifications:
Fluent in English-both spoken and written.Solid proficiency with Word, Excel and Outlook is a must. (Advance Excel skills are a plus)Knowledge of back-office software such as ION XTP or XTP Clearing (Seals) is a plus.Ability to work in a fast-paced, reactive, and challenging trading environment.Detail-oriented and able to do analytical work to resolve discrepancies.Ability to multi-task and work under pressure to meet deadlines.Excellent interpersonal skills with the ability to communicate effectively at all levels.
#J-18808-Ljbffr
