Entry Level Trading Operations Analyst

Lenmar Consulting Inc; Baltimore (MD); Hybrid; USD 23,000 - 32,000; Full time

Job summary

ISG Product Operations in Baltimore, MD is seeking an Entry Level Trading Ops Analyst for a 12-month W2 contract in a Hybrid role. You will support the Clearing Services team by handling trade flow for futures and options and coordinating with clients and exchanges in a fast-paced environment.

The role offers exposure to major exchanges and requires a Bachelor's degree, strong Excel skills, and the ability to work under deadlines in a collaborative setting.

Qualifications

• Must have strong analytical skills and attention to detail.
• Proficiency in Excel and Word required.
• Ability to work in a team and meet deadlines.
• Strong communication and organizational skills.

Responsibilities

• Resolve client, exchange, and risk trade breaks.
• Manage trade allocations for clients.
• Investigate and resolve trading day exceptions.
• Communicate with internal and external parties.
• Support risk management and process improvements.

Skills

Analytical skills

Excel

Word

Team player

Problem solving

Education

Bachelor's degree

Job description

We have this W2 Contract opportunity for an Entry Level Trading Ops Analyst with our Direct Client in Baltimore, MD. Please let us know if this is something that interests you.

Entry Level Trading Ops Analyst - MOR2JP00018422

Location: Baltimore, MD 21231 - Hybrid

Max Pay Rate: $20/hr W2 (No Benefits)

Duration - 12 months +

• Hybrid
• BACHELOR'S REQUIRED

ISG Product Operations partners closely with Shared Services and Banking Operations as well as Branch Operations and Operations Risk & Control to deliver a connected 'front to back' view of operations to ISG Sales and Trading. A Clearing Services role offers an opportunity to directly interface with the world’s largest derivatives exchanges and equity markets. As the market place is fast-paced and ever-changing, this high profile position provides real life experience supporting Sales and Trading. It is an innovative and dynamic environment where individuals share a common set of values and bring excellence and integrity to everything they do.

The Baltimore Trade Support Group in our Derivatives Clearing department is responsible for the management of trade flow for futures and options on futures contracts, both for client and proprietary trading activity on North American Exchanges. Daily functions include resolution of position breaks through interaction with internal and external clients, clearing exception management, trade allocation, and trade flow automation. This position requires a focus on risk management and control with additional emphasis on the reduction of processing inefficiencies and increase in controls through process improvement initiatives.

Responsibilities Include

• Resolving client, exchange, and risk trade breaks
• Managing trade allocations for Institutional and Wealth Management clients
• Investigating and resolving top day clearing exceptions- Developing trade flow solutions
• Communicating with internal and external parties
• Facilitating exchange trade entry Focus on risk management and control with respect to processes and procedures Resolution of client issues, with a focus on root cause analysis and risk mitigation
• Actively participate in team meetings, raise issues, question the status quo and offers solutions/ideas
• Work as a member of a team; help others in the team with tasks and issues
• Analyze problems to establish root causes and suggest clear, logical and practical solutions based upon extensive analysis
• Contribute to refining controls and continuously improving and reducing operational risk Build and manage stakeholder relationships across silos
• Acquire & demonstrate deep knowledge of the product and/or functional area for which they are responsible Establish clear goals and set priorities for themselves

Minimum Requirements:

• Must have strong analytical skills and attention to detail- Must have ability to work under a deadline-driven environment
• Proficiency in Excel & Word required
• Ability to work in a team and build strong networks
• Strong problem-solving, organizational and prioritization skills
• Flexibility and ability to learn in a fast paced environment
• Strong communication skills, verbal and written required
• Bachelor’s degree required

Preferred Qualifications

• Knowledge of basic financial concepts and markets preferred
• Listed Derivatives experience a plus
• Experience in a corporate business environment preferred
• Clearance and settlement or reconciliation experience preferred
• Self-motivated, inquisitive in nature, a strong appetite to learn
• Ability to learn and train others
• Demonstrate commitment for risk management and clear focus on process improvement issues