Execution Services Analyst

Phillip Capital Inc.; Chicago (IL); Hybrid; USD 80,000 - 100,000; Full time

Benefits offered by this job

Onsite gym

Indoor bicycle parking

Game room

Rooftop deck

Job summary

A financial services firm located in Chicago seeks an experienced Execution Services Analyst to oversee day-to-day trading operations. The ideal candidate will ensure accurate trade capture, manage regulatory reporting and compliance, and drive continuous process improvements. With a minimum of 5 years in trade support and required Series 7 certification, this role offers a dynamic environment to engage with clients and internal stakeholders. Proficiency in Excel and experience with clearing systems are highly valued. Apply to join a team that fosters integrity and collaboration.

Qualifications

• Minimum 5 years of experience in trade support or middle-office operations.
• Series 7 certification required; Series 3 certification preferred.
• Strong understanding of the trade lifecycle including execution and settlement.

Responsibilities

• Monitor real-time trade flow across execution platforms.
• Ensure daily accuracy and timely submission of regulatory reports.
• Partner with IT teams to test and implement upgrades.

Skills

Trade support experience

Complex cash and position reconciliations

Intermediate to advanced Excel proficiency

Education

Degree in business, finance, economics, computer science, engineering or related field

Tools

Order Management Systems

Derivatives trading platforms

Clearing systems

Job description

Location: Chicago, IL (Hybrid)

Phillip Capital Inc., located in Chicago, is dually registered with the SEC/FINRA as a self-clearing Broker Dealer and the Commodity Futures Trading Commission (CFTC) as a registered Futures Commission Merchant (FCM) serving the financial community with customized clearing, custody and global market access solutions.

What We Offer

We provide an environment where you can grow your skills and make meaningful, visible contributions to your team and the broader organization. Our culture is built on integrity, accountability, open communication, and continuous improvement, with a focus on building for the long term. Our office, located in the iconic Board of Trade Building, offers convenient access to Metra and CTA lines and is steps away from restaurants, parks, shopping, and cultural institutions. Building amenities include an onsite gym, indoor bicycle parking, a game room, and a rooftop deck with exceptional views.

About the Role

We’re looking for a detail oriented Execution Services Analyst to support day to day trading operations across futures, equities, and options in a self clearing broker dealer and FCM environment. In this role, you’ll partner closely with clients and brokers to manage market access, connectivity, and the full spectrum of trading related issues. You will collaborate with Customers, Clearing, Technology, Compliance, and Risk to ensure accurate trade capture, timely clearing and settlement, effective exception management, and strict regulatory adherence across multiple markets and asset classes. This position is ideal for someone who thrives in a fast paced operational environment, values precision and control, and enjoys driving continuous process improvements.

What You Will Do

• Monitor real-time trade flow across various execution platforms to ensure all trades are captured accurately and timely.
• Identify, investigate, and resolve trade discrepancies between front-office systems and clearing before market settlement.
• Ensure daily accuracy and timely submission of regulatory reports, including but not limited to CAT (Consolidated Audit Trail) and ESMA/MiFID II transaction reporting.
• Assist Compliance during internal and external audits by providing trade data, workflow documentation, and evidence of controls.
• Maintain platform risk controls in alignment with regulatory standards; monitor automated alerts and collaborate with Risk to address intraday margin breaches, collateral optimization, and credit limit exceptions.
• Partner with internal IT teams and technology partners to test and implement upgrades to the clearing infrastructure and integration with execution platforms.
• Maintain and update internal documentation to reflect changing market regulations and internal policy shifts.
• Provide first-line support delivering rapid resolution for operational queries, trade modifications and systems changes while ensuring all amendments remain within the firm’s established risk and regulatory parameters.

Qualifications

• Minimum 5 years of professional experience in trade support or middle-office operations, specifically within a self-clearing broker-dealer, FCM, clearing exchange or proprietary trading firm.
• Series 7 certification is required. Series 3 certification is highly preferred.
• Proficient understanding of the trade lifecycle, including execution, enrichment, clearing, and final settlement processes.
• Experience working with clearing houses such as DTCC/NSCC, OCC, or CME Clearing.
• Experience with industry-standard Order Management Systems, derivatives trading platforms and clearing systems.
• Strong ability to perform complex cash and position reconciliations and resolve trade breaks in a time-sensitive environment.
• Intermediate to advanced proficiency in Excel (VLOOKUPs, Pivot Tables, Macro) and experience with manipulating large data sets for order extraction and trade reconciliation is highly preferred.
• Proven familiarity with industry regulations and recordkeeping requirements (e.g., FINRA, SEC, CFTC, and specific exchange rules).
• Ability to work a flexible schedule, including early morning or late evening shifts, to align with global market opens/closes and "follow the sun" hand-off protocols.
• Degree in business, finance, economics, computer science, engineering or related field.

To be considered for this position, please apply via LinkedIn or submit a resume directly to [e-mail] with “Execution Services” in the subject line. Phillip Capital Inc. will not consider candidates sent by recruiters for this position.