Job Description

Position: Back Office Associate

Reporting Manager: Head of Operations

Job Type- Onsite- Chicago, IL

Total Comp (base+ bonus)- $130K + Benefits

We are looking for a detail-oriented and analytical Back Office Associate to join our client’s team, supporting post-trade operations for our futures and cleared swaps business . This role will focus on ensuring the timely and accurate clearing, reconciliation, lifecycle processing , and settlement of futures and cleared swap transactions. The ideal candidate will have a solid understanding of the industry, strong operational experience, and familiarity with regulatory and clearing processes.

Key Responsibilities:

• Oversee and process futures trades for clearing across major exchanges and clearinghouses (e.g., CME, ICE, Eurex).
• Perform daily reconciliations of trade activity, positions, and lifecycle events between internal systems and exchanges/CCPs.
• Investigate and resolve trade discrepancies, unmatched transactions, and breaks promptly and accurately.
• Work closely with front office, risk, and external counterparties to ensure accurate trade capture and timely clearing.
• Support new account onboarding and setup processes.
• Monitor critical contract dates, including option expirations, first notice dates, and last trade dates.
• Ensure compliance with regulatory reporting requirements (e.g., CFTC, EMIR) and support internal/external audits.
• Identify and implement process improvements, automation opportunities, and operational controls.
• Participate in industry initiatives such as changes to CFTC Part 17 regulations.
• Reconcile and analyze exchange fee discrepancies.

Qualifications & Skills:

• Bachelor's degree or equivalent work experience.
• 3+ years’ experience in futures and cleared swaps operations or a similar function within a financial institution.
• In-depth knowledge of futures and cleared swap products, trade clearing processes, lifecycle events, and fee reconciliations.
• Experience with clearing platforms such as CME FEC/Deliveries, ICE FEC/ECS, and LISA.
• Proficiency in Microsoft Excel; experience with VBA or macros is a plus.

⏩Email me with your updated CV at kushal@fintop.co.uk to learn more about the above Opportunity 🏃 ♀️⏪

Job Tags

Similar Jobs