Trading Operations Specialist - FICC

DRW; City Of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A diversified trading firm in London is seeking a Trading Operations Specialist to support trading desks in both London and Chicago. The ideal candidate will have at least 2 years of relevant experience and proficiency in Python. Key responsibilities include providing front-office support, mastering proprietary systems, and enhancing trading tools. This role offers an opportunity to work closely with traders and technology teams in a dynamic trading environment.

Qualifications

• Minimum of 2 years of experience in front office, middle office, back office or risk management roles.
• Demonstrated ability to work independently and analyze problems.
• Substantial prior interaction with the front office in an active trading environment.

Responsibilities

• Provide front-office support for the firm’s direct trading business.
• Act as process owner for critical support regarding technology enhancements.
• Gain mastery of proprietary trade capture and risk management systems.

Skills

Experience with futures, futures options, and/or OTC products

Proficient in Python

Working knowledge of Git

Working knowledge of SQL

Working knowledge of Linux

Education

Bachelor’s degree in finance, economics, or another quantitative field

Job description

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.

Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.

We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters–it\'s how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.

As a Trading Operations Specialist, you’ll provide support to a group of trading desks based in London and Chicago (Chicago overnight). This is an opportunity to solve challenging problems while working closely with experienced traders, researchers and software engineers to optimize operational workflow and use the right tools and technology for the job.

Responsibilities

• Provide front-office support for the firm’s direct trading business
• Provide operational support for London and Chicago based trading desks
• Act as process owner for current functionality and provide critical support and advice regarding needed enhancements to technology, workflows, and processes:
  • Gain strong understanding of traders’ individual risk management tools and provide support for related traders’ needs
  • Upgrade and support traders’ tools to effectively utilize technologies and tools that are firm standard
  • Interface with technology to improve tools where they fall short of meeting the desks’ needs
  • Adopt, integrate, and promote new technology as it becomes available
• Gain mastery of the firm’s proprietary trade capture, inventory management, treasury management, and risk management systems necessary to support products related to the desks’ activity: futures/futures options
• Trade and position reconciliation with the firm’s clearing houses, counterparties, and brokers
• Daily P&L calculation and substantiation

Requirements

• Experience with futures, futures options, and/or OTC products preferred
• Previous experience supporting fixed income, currencies, crypto assets, or commodities products
• Proficient in Python
• Working knowledge of Git, SQL, and Linux
• Substantial prior interaction with the front office and senior management in an active trading environment
• Minimum of 2 years of experience in front office, middle office, back office or risk management roles working with exchange-traded and over-the-counter products and derivatives
• Bachelor’s degree in finance, economics, or another quantitative field or material equivalent exposure
• Demonstrated ability to work independently
• Demonstrated ability to analyze problems and synthesize and implement solutions

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