Futures Operations – GMI / Customer Clearing Control

Cantor Fitzgerald Ireland Ltd; Jacksonville (FL); Hybrid; USD 120,000 - 180,000; Full time

Benefits offered by this job

Health insurance

Vision insurance

Dental insurance

401(k) plan

Paid time off

Job summary

Cantor Fitzgerald is seeking an experienced Futures Operations professional to support futures and options clearing with a focus on GMI, customer clearing, reconciliations, and readiness. The role emphasizes hands-on operations experience, strong back-office knowledge, and collaboration across multiple control functions.

The candidate will contribute to daily trade processing, cash and margin activity, and onboarding of new products, while helping to strengthen the firm’s operating model in a

Qualifications

• 5+ years of futures and options operations experience.
• Expert level experience with GMI; minimum 3 years required.
• Strong knowledge of customer futures clearing, including account setup, trade processing, margin, cash, reconciliations, and statements.
• Experience with CME/CBOT, COMEX, NYMEX or other listed derivatives markets preferred.
• Familiarity with clearing house and FCM operational processes.
• Strong Excel skills and ability to analyze large operational datasets.
• Excellent problem-solving, communication, and follow-up skills.

Responsibilities

• Support futures and options clearing operations, including customer clearing workflows.
• Perform trade allocation, give-up, and give-in processing.
• Research and resolve trade, cash, margin, position, and settlement breaks.
• Support daily reconciliations across GMI, exchanges, clearing houses, banks, and internal books and records.
• Process and review cash movements, general ledger entries, fees, commissions, and related GMI activity.
• Assist with customer statement, margin, point balance, and expiration processing.
• Partner with Operations, Middle Office, Finance, Technology, Compliance, and Risk on process improvements and control enhancements.
• Support onboarding, testing, and readiness for new futures products, exchanges, and clearing relationships.
• Document procedures, identify automation opportunities, and help strengthen the operating model.

Skills

GMI

Futures ops

Excel

Education

Bachelor's degree in Finance or related field

Tools

GMI

Job description

Futures Operations - GMI / Customer Clearing Control

Jacksonville, Florida or New York (4 days in office/1 day remote)

Cantor Fitzgerald, with over 16,000 employees, has been a leading global financial services firm at the forefront of financial and technological innovation since 1945.

Cantor is a preeminent investment bank serving more than 5,000 institutional clients around the world, recognized for its strengths in fixed income and equity capital markets, investment banking, SPAC underwriting, PIPE placements, commercial real estate, and for its global distribution platform. Capitalizing on the firm's financial acumen and technology prowess, Cantor's portfolio of businesses also includes Prime Brokerage, Asset Management, and other businesses and ventures. Cantor has consistently fueled the growth of original ideas, pioneered new markets, and provided superior service to clients. Cantor operates trading desks in every major financial center globally, with offices in over 30 locations around the world.

As one of the few remaining private partnerships on Wall Street, Cantor has the distinct ability to focus on long-term value creation and solid relationship building. Our structure allows us to respond quickly to client needs, develop solutions that address complex challenges, avoid the limitations of bureaucracy, and attract talented individuals who are driven to succeed.

Cantor Fitzgerald is seeking an experienced Futures Operations expert to support the firm’s futures and options clearing initiatives, with a focus on GMI, customer clearing, reconciliations, and operational readiness.

The ideal candidate will have significant hands-on experience in futures operations, strong knowledge of the GMI back-office platform, and a practical understanding of customer clearing workflows across futures and options products.

Key Responsibilities

• Support futures and options clearing operations, including customer clearing workflows.
• Perform trade allocation, give-up, and give-in processing.
• Research and resolve trade, cash, margin, position, and settlement breaks.
• Support daily reconciliations across GMI, exchanges, clearing houses, banks, and internal books and records.
• Process and review cash movements, general ledger entries, fees, commissions, and related GMI activity.
• Assist with customer statement, margin, point balance, and expiration processing.
• Partner with Operations, Middle Office, Finance, Technology, Compliance, and Risk on process improvements and control enhancements.
• Support onboarding, testing, and readiness for new futures products, exchanges, and clearing relationships.
• Document procedures, identify automation opportunities, and help strengthen the operating model.

Required Experience

• 5+ years of futures and options operations experience.
• Expert level experience with GMI; minimum 3 years required.
• Strong knowledge of customer futures clearing, including account setup, trade processing, margin, cash, reconciliations, and statements.
• Experience with CME/CBOT, COMEX, NYMEX, and/or other listed derivatives markets preferred.
• Familiarity with clearing house and FCM operational processes.
• Strong Excel skills and ability to analyze large operational datasets.
• Excellent problem-solving, communication, and follow-up skills.
• Ability to work independently in a fast-moving, entrepreneurial environment.

Preferred Qualifications

• Bachelor's degree in Finance, Business, Economics, or related field.
• Experience supporting new product, exchange, or clearing platform onboarding.
• Background working with Operations, Technology, Risk, Finance, and Compliance stakeholders.
• Prior experience improving manual processes, controls, and reconciliations.

The actual base salary will be determined on an individualized basis considering a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package (including health, vision, and dental insurance, paid time off and a 401(k) retirement), this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).

We do not accept unsolicited resumes, candidate referrals, or outreach from third-party recruiters or staffing agencies. Any such submissions will be considered property of Cantor Fitzgerald and will not be eligible for any placement fee. Recruiters must have a signed agreement with our Talent Acquisition team and be invited to submit candidates for a specific role. Direct contact with hiring managers or employees is strictly prohibited.