Futures Division clears 30 Exchange globally and reconciles over 70+ balancing sheets. Clearing team is responsible for managing all clients and executing brokers cleared trades and requires a strong and motivated Director with in-depth understanding and a subject matter expert on Clearing processes. 

Responsibilities: 

• Ensure all trades are cleared, allocated and booked correctly in client account on trade date 

• Liaise with Exchanges, carry brokers and clients on trade issues & ensure prompt resolution 

• Master firms’ back-office systems and middleware viz GMI, LISA, DUCO, RPA etc. 

• Assist Clearing manager to lead and manage projects, drive automation and streamline Clearing processes including new business initiatives on top of daily operational activities 

• Provide guidance and assistance to team members and help them resolve issues which require clear and in depth understanding of the process 

• Keeps abreast of the latest industry and regulatory developments including prompt replies to Exchange, Regulators and Auditors. 

• Work closely with Operations team & other Departments viz Front Office, Compliance, Risk etc. 

• Cover 12 – 8 pm shift to ensure seamless end of day processing  

• Flexible to work on US Holiday on rotational basis 

Qualifications/Skills 

• 5-10 years of relevant experience including working knowledge of GMI, LISA & DUCO 

• Firm understanding of Futures & Options trade life cycle and expertise in break resolution  

• Well-developed management skills and relevant experience managing operational functions 

• Proficiency in Excel, Word, and Outlook 

• Excellent follow-through and attention to detail. 

• Dynamic & proactive team player with the ability to identify process inefficiencies to improve capacity, efficiency, and control. 

• Self-starter with a proven ability to take initiative. 

• Team-oriented with strong integrity and professionalism. 

• Proper escalation of issues. 

• Strong time management skills are required to meet time critical deadlines and priorities. 

• Effective verbal and written communication skills; notably the ability to clearly articulate issues and influence resolution. 

• Have a growth mindset 

The expected base salary ranges from $100,000- $175,000 Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.