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Job description
A leading global financial institution with a significant presence across the futures and derivatives markets is seeking a Director to join its Futures Clearing team. The platform clears across approximately 30 global exchanges and manages reconciliations across 70+ balance sheets , supporting institutional clients and executing brokers across a high-volume, highly regulated environment.
This individual will serve as a senior subject matter expert within Clearing, helping oversee daily operations while driving automation, process improvements, and new business initiatives.
Responsibilities
A leading global financial institution with a significant presence across the futures and derivatives markets is seeking a Director to join its Futures Clearing team. The platform clears across approximately 30 global exchanges and manages reconciliations across 70+ balance sheets , supporting institutional clients and executing brokers across a high-volume, highly regulated environment.
This individual will serve as a senior subject matter expert within Clearing, helping oversee daily operations while driving automation, process improvements, and new business initiatives.
Ensure futures and options trades are accurately cleared, allocated, and booked to client accounts on trade date
Investigate and resolve trade breaks while coordinating with exchanges, carrying brokers, executing brokers, and clients
Develop deep expertise across the firm's clearing technology, including GMI, LISA, DUCO, RPA, and related middleware
Partner with Clearing leadership on operational projects, automation initiatives, new business implementations, and process enhancements
Identify inefficiencies and implement improvements that increase scalability, controls, and operational capacity
Serve as a subject matter expert for the team, providing guidance on complex clearing issues and escalations
Stay current on futures industry developments, exchange requirements, and regulatory changes
Support responses and requests from exchanges, regulators, auditors, and other stakeholders
Collaborate closely with Operations, Front Office, Risk, Compliance, Technology, and other internal teams
Support end-of-day processing through a 12:00 PM-8:00 PM shift
Participate in rotational coverage on certain U.S. holidays
Qualifications
5-10 years of futures clearing or related derivatives operations experience
Strong working knowledge of GMI, LISA, and DUCO
Deep understanding of the futures and options trade lifecycle, including clearing, allocation, booking, reconciliation, and break resolution
Experience leading or managing operational functions and supporting team members
Strong understanding of exchange-facing and regulatory requirements within futures clearing
Advanced attention to detail with the ability to operate effectively under time-sensitive deadlines
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Worksite address
chicago, IL, 60290, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.