Job Description

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.