This range is provided by Selby Jennings. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
$200,000.00/yr - $250,000.00/yr
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Finance Tax and Accounting Recruitment Consultant
A pioneering financial technology firm is seeking a strategic leader to build and scale its clearing operations function from the ground up. This is a high-impact role focused on transitioning from a direct market access (DMA) model to a futures commission merchant (FCM) intermediation framework. The successful candidate will be instrumental in introducing margining capabilities, enhancing capital efficiency, and laying the operational foundation for a next‑generation, centrally cleared exchange.
Key Responsibilities
- Spearhead the development and execution of clearing operations for a fully collateralized, centrally cleared derivatives exchange.
- Construct a comprehensive business case and implementation roadmap for FCM integration, aligning with broader organizational goals.
- Collaborate closely with the Head of Clearing Engineering to define and deliver cross‑functional requirements across technology, risk, and compliance teams.
- Design and implement robust margining and collateral management systems, including real‑time risk monitoring and margin call processes.
- Develop operational workflows that reduce capital burdens on participants, such as mechanisms for intraday collateral return and optimization.
- Recruit, mentor, and lead a high‑performing clearing operations team, with a phased buildout planned over a three‑year horizon.
Ideal Background
- Proven experience in clearing operations, ideally within a regulated exchange or FCM environment.
- Deep understanding of margining theory, collateral workflows, and risk management practices.
- Familiarity with post‑trade operations, client onboarding, and regulatory compliance.
- Exposure to modern clearing models and infrastructure providers (e.g., those used by innovative fintech trading platforms).
- Strong ability to translate complex business needs into scalable operational solutions and drive cross‑functional execution.