Futures Settlements Analyst

Our client, a well-known Financial Services firm in NYC, is looking for a Futures Settlements Analyst to join its team.

Responsibilities

• Support daily futures clearing and settlement activities, ensuring accurate and timely processing of trades and related transactions.
• Monitor and reconcile cash balances, positions, margin requirements, and settlement activity.
• Support initial and variation margin calculations, margin calls, and related cash movements.
• Investigate and resolve settlement discrepancies, reconciliation breaks, and other operational issues.
• Coordinate with internal trading desks, clearing brokers, custodians, and external clearinghouses.
• Monitor trade lifecycle events, including trade capture, clearing, allocation, settlement, and position management.
• Support collateral management and cash funding activities related to futures and derivatives clearing.
• Ensure operational controls and procedures are followed while identifying opportunities to improve processes.
• Assist with projects and initiatives related to clearing operations, settlement processes, and system enhancements.

Qualifications:

• Previous experience in futures clearing, derivatives operations, settlements, or post-trade operations within a financial services environment.
• Working knowledge of futures markets, clearinghouse processes, and the trade lifecycle.
• Experience with margin calculations, margin calls, cash management, collateral, and settlement reconciliations.
• Familiarity with clearinghouses such as CME, ICE Clear, or LCH.
• Experience working with clearing platforms or operations systems such as GMI, FIS, Calypso, or Murex is a plus.