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
Director of Future Clearing Operations in chicago at Unknown Company
This position is listed as full time and onsite.