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Senior Clearing Analyst

2021.11.12

Position Purpose:

 

Working as a senior member in the Global clearing team the successful candidate will play a key role in the day-to-day functions across the various teams within Clearing Operations as well be involved in a wide variety of projects and process enhancements. Products covered are varied and include primarily (but not restricted to) oil derivatives, Power & Gas, Metals and FX.

 

Job description:

  • Completing intra-day and EOD controls to ensure all processes are running and all trades are feeding from source to books and records system.
  • Experience and knowledge of Brokerage and Broker rate agreements.
  • Responding to ad-hoc requests from Middle Office/ desks regarding positions, broker setup requests.
  • Exchange/CCP & Broker Reconciliations
  • Understanding and reporting listed options and futures expiries to the trading desks and middle office. Being aware of risks around the expiry processes on expiry day.
  • Review KPI’s on a daily basis to ensure aged items and outstanding issues are resolved in a timely manner
  • Ensure that all risk items are prioritized and escalated where appropriate
  • Working closely with multiple teams within the organisation and in multiple locations (IT, Credit, Scheduling, Trading, MO, Trade Finance)
  • Any other tasks as directed by your line manager
  • Analyse and develop team procedures in line with market requirements
  • Setting up of new entities on exchanges and with clearing brokers
  • Transfer of positions across clearing brokers, clearing accounts and exchanges, represented both internally as well as on exchange/clearing broker.

 

 

Requirements:

  • Ideal candidate will have 5+ years’ experience ideally in clearing operations and Commodities
  • Extensive and proven experience of the Clearing/ Listed Derivatives world and daily interactions with clearing participants.
  • Strong derivatives product knowledge, including knowledge of the trade lifecycle of Cleared/Futures trades
  • Good knowledge of various exchanges such as ASX, ICE and SGX.
  • Prior exposure to, and understanding of, CCP and Clearing  broker margin call
  • Strong system skills (Openlink/ENDUR, Amphora, ICE Credit Management, ICE Clearing Admin)
  • Previous exposure to Oil derivatives, Power & Gas and Metals
  • Experience of monitoring work flow by reliance on Risk Systems.
  • Able to work independently without direct supervision but also happy in working as a team on projects
  • Committed to seeing issues through until they are resolved. Also has demonstration of seeking out potential gaps, efficiency savings in processes.
  • Project ownership and delivery experience to all levels of management/ seniority
  • Conduct due diligence for research projects and investigations of a specialized nature as requested by senior management and external auditors.
  • Prior exposure to the setting up of new traders/ clearing accounts on exchanges
  • Ideal but not a requirement, experience of the commodities physical market would be advantageous

 

 

Skills:

  • Positive approach to problem solving
  • Excellent numerical skills and highest regard for attention to detail, accuracy & quality.
  • Able to withstand pressure and juggling multiple priorities
  • Confidence in own abilities
  • Strong Analytical skills
  • Demonstrates the ability to work independently and as part of a team environment
  • Effective communication at all levels of the firm

 

Apply now