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Operations Manager/Associate (Derivatives)

$ 300 - $ 700 / month

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Job Description

  • Oversee and manage derivatives trade processing across futures and options
  • Ensure timely trade capture, validation, matching, and settlement across multiple exchanges and clearinghouses.
  • Manage daily margin and collateral requirements with clearing brokers and counterparties.
  • Ensure accurate clearing and settlement of trades in accordance with exchange rules and counterparty agreements.
  • Perform and oversee daily position, P&L, and cash reconciliations to mitigate risk and ensure data accuracy.
  • Prepare and review reports for audit, compliance, and risk management functions.
  • Identify and implement efficiency enhancements and automation to streamline trade workflows.
  • Develop and maintain Standard Operating Procedures (SOPs) and control frameworks.
  • Proactively identify operational risks and implement mitigation strategies.

Requirements

  • Bachelor's degree in Finance, Economics, Business, or a related field.
  • 3-7 years of experience in derivatives operations within a brokerage, investment bank, or asset management firm.

Job Description

  • Oversee and manage derivatives trade processing across futures and options
  • Ensure timely trade capture, validation, matching, and settlement across multiple exchanges and clearinghouses.
  • Manage daily margin and collateral requirements with clearing brokers and counterparties.
  • Ensure accurate clearing and settlement of trades in accordance with exchange rules and counterparty agreements.
  • Perform and oversee daily position, P&L, and cash reconciliations to mitigate risk and ensure data accuracy.
  • Prepare and review reports for audit, compliance, and risk management functions.
  • Identify and implement efficiency enhancements and automation to streamline trade workflows.
  • Develop and maintain Standard Operating Procedures (SOPs) and control frameworks.
  • Proactively identify operational risks and implement mitigation strategies.

Requirements

  • Bachelor's degree in Finance, Economics, Business, or a related field.
  • 3-7 years of experience in derivatives operations within a brokerage, investment bank, or asset management firm.