Manager, Derivatives Operations

ABN AMRO Clearing USA LLC; Chicago (IL); On-site; USD 113,000 - 138,000; Full time

Job summary

ABN AMRO Clearing USA LLC in Chicago seeks a Manager, Derivatives Operations to lead futures, options on futures, equity options, trade allocations, and clearance lifecycle processes with strong controls and risk management.

You will drive operational excellence, mentor diverse teams, partner with risk, compliance, technology, exchanges, and clients, and push for automation and data-driven improvements.

Qualifications

• 5+ years in financial services operations, clearing, or derivatives operations with strong risk controls.
• 2+ years in people leadership and team development.
• Industry licensing or credentials (e.g., SIE, Series 7/3/99) as applicable.
• Proven ability to use metrics, dashboards, and data analysis to drive performance.
• Experience with regulatory readiness, audits, and controls in a high-volume environment.

Responsibilities

• Lead and develop high-performing Derivatives Operations teams across multiple products and exchanges.
• Oversee futures, options, clearing, allocations, lifecycle events, and physical deliveries.
• Maintain effective controls, regulatory compliance, and proactive risk identification/remediation.
• Drive process optimization, automation, and data-driven decision making.
• Lead stakeholder engagement across clients, risk, compliance, technology, exchanges, and clearing houses.
• Communicate complex operational matters with professionalism and executive presence.

Skills

Leadership

Communication

Project management

Data analysis

Regulatory readiness

Stakeholder management

Tools

CME/OCC/ICE

Salesforce

Tableau

SQL

Power BI

Confluence

Jira

Job description

Winner of Built In's 2026 Best Places to Work in Chicago & Midsize Companies to Work For in Chicago

About the Role:

The Manager, Derivatives Operations is responsible for leading the firm’s Derivatives Operations function, including futures, options on futures, equity options, trade allocation, clearing support, physical delivery processing, exercise and assignment activity, exception management, and related operational controls. This role provides strategic and day-to-day leadership for teams supporting highly regulated, time-sensitive, and risk-critical clearing processes across multiple products, exchanges, clearing houses, client segments, and internal platforms.

The ideal candidate is a proactive people leader, risk manager, and change agent who can balance daily execution with longer-term operational improvement. This role requires the ability to lead diverse teams, drive accountability, partner effectively across global stakeholders, and continuously improve the operating environment through metrics, data analysis, process discipline, automation, AI-enabled productivity tools, and strong supervisory controls.

This position is based in our Chicago office and requires a min of 3 days per week onsite in office.

Job Responsibilities:

• Leadership & Talent Development: Builds, coaches, and develops high-performing teams while fostering accountability, collaboration, and continuous learning.
• Derivatives Operations Expertise: Strong knowledge of futures, options, clearing, allocations, lifecycle events, physical deliveries, and operational controls.
• Risk Management & Regulatory Oversight: Maintains effective controls, ensures compliance, and promotes proactive risk identification and remediation.
• Operational Excellence & Process Improvement: Drives efficiency, automation, workflow optimization, and continuous improvement initiatives.
• Analytical & Data-Driven Decision Making: Uses metrics, dashboards, and trend analysis to identify risks and support strategic decisions.
• Change & Transformation Leadership: Leads process, technology, and organizational change while ensuring successful implementation and adoption.
• Stakeholder Management & Collaboration: Builds strong partnerships across clients, operations, risk, compliance, technology, exchanges, and clearing organizations.
• Communication & Executive Presence: Clearly communicates complex operational and regulatory matters while demonstrating professionalism and judgment.
• Client Focus & Service Orientation: Balances client needs with operational excellence, risk management, and business objectives.
• Strategic Thinking & Execution: Aligns operational activities with business goals and delivers results in a dynamic, regulated environment.

Basic Qualifications:

• 5+ years of experience in financial services operations, clearing, derivatives operations, trade support, middle office, operational risk, controls, or related capital markets functions, including 2+ years of people leadership.
• Relevant industry licensing or certification (such as SIE, Series 7, Series 3, Series 99, or other role-appropriate credentials), as required.
• Strong leadership, communication, negotiation, project management, and prioritization skills, with the ability to influence stakeholders and communicate complex issues to senior management.
• Experience using metrics, KPIs, KRIs, dashboards, and data analysis to monitor performance, identify risks, and drive continuous improvement.
• Demonstrated success leading operational change, process improvements, issue remediation, audit and compliance responses, and regulatory readiness in a high-volume, regulated environment.
• Experience developing and maintaining procedures, controls, supervisory reviews, escalation protocols, and operational documentation.
• Working knowledge of industry and workflow tools such as CME/OCC/ICE platforms, Salesforce, Tableau, SQL, Power BI, Confluence, Jira, or similar technologies.
• Experience supporting projects, system enhancements, business requirements, UAT, implementation, training, and post-production reviews.
• Familiarity with AI-enabled productivity tools and intelligent automation, including governance, controls, and data security considerations.

Below is the expected base salary for this position. Offers will ultimately be determined based on experience, education, skill set, and performance in the interview process. This position will also be eligible for a discretionary bonus.

Annual base salary, not including discretionary bonus eligibility: $125,000+

This information is intended as a summary of potential benefits only. Eligibility for the plans and programs listed here depends on the nature of employment, length of service and other factors. Actual coverage is governed by supporting summary plan descriptions and related policies.

ABN AMRO Clearing USA (AAC-USA) is proud to be an equal opportunity employer.

AAC-USA celebrates diversity and does not discriminate on the basis of actual or perceived race; creed; color; religion; alienage or national origin; ancestry; citizenship status; age; disability or handicap; sex; marital status; veteran status; sexual orientation; status as a survivor of domestic violence, sex offenses, or stalking; genetic predisposition or carrier status; gender identity or expression; or any other characteristic protected by applicable federal, state or local laws.

We cultivate a culture of inclusion for all employees that respects individual strengths, views and experiences. This enables us to be a better and stronger team – one that makes better decisions and delivers better business results. AAC-USA participates in the E-Verify program in the US.