Sr. Futures Clearance Specialist/Team Lead

Overview

• Lead futures clearance operations, ensuring compliance with industry regulations and standards.
• Collaborate with cross-functional teams to optimize clearance processes and reporting accuracy.
• Utilize advanced technologies, including FIS GMI, SQL, and Python, for process improvements.
• Monitor futures clearance activities across exchanges and foreign clearing brokers.
• Supervise margin call processing and reconciliation of futures statements.
• Ensure compliance with CME and CFTC trade clearance and reporting requirements.
• Contribute to a dynamic team culture focused on innovation and excellence.
• Hybrid work environment offering flexibility and operational efficiency.

Key Responsibilities & Duties

• Monitor and manage futures clearance activities at major exchanges and clearing brokers.
• Perform reconciliations, including point balance and customer cash balancing.
• Update and adjust positions at exchanges as required.
• Ensure accurate trade reporting using FIS GMI and exchange platforms.
• Troubleshoot operational issues with front office and parent company.
• Implement process improvements using advanced Excel functionalities and programming tools.
• Supervise team operations and provide leadership in clearance activities.
• Maintain compliance with industry reporting rules and regulations.

Job Requirements

• Bachelor's degree in Finance or related field required.
• Minimum of 5 years' experience in futures clearance; 7 years preferred.
• Proficiency in FIS GMI, CME, and CFTC platforms essential.
• Advanced Excel skills, including vlookup and macros, are advantageous.
• Experience in team leadership and supervisory roles preferred.
• Strong analytical skills and ability to enact process improvements.
• Knowledge of SQL and Python programming is a plus.
• Commitment to fostering a collaborative and innovative work environment.