Associate, Futures Brokerage

Macquarie Group; Chicago (IL); Hybrid; USD 101,000 - 137,000; Full time

Benefits offered by this job

Wellbeing leave

Parental leave (20 weeks)

Volunteer leave

Insurance coverage

401(k)

Job summary

Macquarie Group in Chicago is seeking an Associate, Brokerage within the Commodities and Global Markets Operations team to support execution services, strengthen controls, and reduce operational risk across futures and options.

You will partner with front, middle, back office, technology, compliance and legal to review workflows, identify control gaps, and drive initiatives that improve the brokerage operating model.

Qualifications

• 5+ years in a U.S. FCM or similar in futures and options ops.
• Deep knowledge of futures and options products, execution services, and trade lifecycle.
• Experience identifying control gaps and improving processes.
• Ability to partner with front/middle/back office, tech, compliance, and legal.
• Strong analytical, critical thinking and attention to detail.

Responsibilities

• Oversee key operational controls related to brokerage revenue streams and agency payment arrangements.
• Partner with front office, clearing, operations, technology, compliance and legal to ensure efficient, controlled processes.
• Review workflows, identify control gaps, and drive initiatives to improve the brokerage operating model.
• Support FIA Docs documentation and assist with related accounts payable activities.

Skills

Futures & options ops

Brokerage operations

Trade lifecycle knowledge

Analytical thinking

Cross-functional partnering

Job description

Join Macquarie's Commodities and Global Markets Operations team as an Associate, Brokerage where you’ll play a critical role in supporting execution services and enhancing operational controls across the Futures and Options business. This is an opportunity to leverage your industry expertise to drive process improvements, reduce operational risk, and partner with stakeholders across the front, middle, and back office functions in a highly collaborative and global environment.

We are a global financial services group operating in 30 markets with 57 years of unbroken profitability. At Macquarie, you’re empowered to shape a career that is fulfilling and creates value. You will bring your insights and expertise to the task at hand and feel supported as you make your own kind of impact for a better future.

What role will you play?

As an Associate within the Brokerage team, you will oversee key operational controls related to brokerage revenue streams, front office operating expenses, and agency payment arrangements supporting execution services. You will partner closely with front office, clearing, operations, technology, compliance, and legal teams to ensure operational processes are efficient, well-controlled, and scalable. The role involves reviewing existing workflows, identifying opportunities to strengthen controls and mitigate risk, and driving initiatives that improve the overall brokerage operating model. You will also support documentation processes through the FIA Docs platform and assist with related accounts payable activities.

What You Offer

• 5+ years of experience within a U.S. FCM or comparable global organization in futures and options operations, middle office, market operations, or brokerage support functions.
• Strong understanding of futures and options products, execution services, brokerage operations, and the full trade lifecycle.
• Demonstrated experience identifying control gaps, improving operational processes, and implementing efficiencies within a regulated financial services environment.
• Ability to effectively partner with front office, middle office, back office, technology, compliance, legal, and clearing teams to deliver solutions and resolve issues.
• Strong analytical, critical thinking, and problem-solving skills with exceptional attention to detail.

Salary range for this position: $101,000 - $137,000/Year. Actual base salary may vary based upon, but not limited to, relevant experience, time in role, peer and market data, prior performance, business sector, and geographic location. You may also be eligible for an annual discretionary incentive compensation award. You can further read about the full spectrum of benefits we offer our people listed below.

What We Offer

Benefits

At Macquarie, you’re empowered to shape a career that’s rewarding in all the ways that matter most to you. Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include:

• 1 wellbeing leave day per year and a minimum of 25 days of annual leave
• 20 weeks’ paid parental leave for primary caregivers along with 12 days of paid transition leave upon return to work and 6 weeks’ paid leave for secondary caregivers
• 2 days of paid volunteer leave and donation matching
• Benefits and initiatives to support your physical, mental and financial wellbeing such as medical, prescription drug, dental, and vision insurance; health savings account and dependent day care savings account; life insurance, disability, and other insurance plans; 401(k) and short/long term disability
• Access to our Employee Assistance Program, a robust behavioural health network with counselling and coaching services
• Access to a wide range of learning and development opportunities, including reimbursement for professional membership or subscription
• Recognition and service awards
• Hybrid and flexible working arrangements, dependent on role
• Reimbursement for work from home equipment

About Commodities and Global Markets

Commodities and Global Markets is a global business offering capital and financing, risk management, market access, physical execution and logistics solutions to its diverse client base across Commodities, Financial Markets and Asset Finance.

Inclusion at Macquarie

We are committed to providing an inclusive environment for all, where different experiences, skills and perspectives are valued and respected. Macquarie provides access to opportunities for all individuals regardless of race, colour, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other characteristic or circumstance.

We provide reasonable accommodation to individuals who may need support during the recruitment process and employment. If you require an accommodation, please let us know during the application process.