Operations Associate

Wolverine Trading; Chicago (IL); On-site; USD 60,000 - 100,000; Full time

Job summary

Wolverine Trading is seeking an Operations Associate to manage day-to-day clearing and reconciliation processes essential for trading accuracy. The ideal candidate will possess a analytical mindset, strong attention to detail, and a Bachelor's degree with 3+ years of relevant experience. This hands-on role offers significant exposure to operational challenges, collaboration with trading teams, and a dynamic work environment focused on continuous improvement.

Benefits

Highly competitive salary & bonus opportunity

Generous paid time off and flexible scheduling

100% coverage of medical, dental, vision, life, and disability benefits

Generous Paid Parental Leave

Retirement Plans: 401K and Roth 401K

Profit sharing plan

Long- and short-term disability benefits

Free breakfast and lunch from in-house kitchen

On-site gym with subsidized membership

Frequent company outings

Qualifications

• Bachelor's degree required.
• 3+ years of experience required.
• Strong attention to detail and communication skills are critical.

Responsibilities

• Support daily operations of options clearing and reconciliation processes.
• Work closely with traders and resolve discrepancies.
• Communicate with clearing firms to maintain trading accuracy.

Skills

Attention to detail

Strong communication skills

Problem-solving

Analytical thinking

Teamwork

Knowledge of SQL

Strong computer skills

Education

Bachelor's degree

Tools

Microsoft Excel

Job description

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As an Operations Associate, you will play a critical role in supporting the day-to-day operations of our options clearing and reconciliation processes. This position is essential to ensuring the accuracy and integrity of trading activity across multiple desks. You will serve as a key link between our trading teams, clearing firm, exchanges, and internal systems to help maintain the smooth functioning of post-trade processes.

Your responsibilities will span a variety of core operational functions, project work, and coordinating between teams. You’ll work closely with traders, engineers, and other operations professionals to identify and resolve issues quickly, helping to maintain the accuracy and efficiency that underpins our trading strategies.

This is a hands-on, detail-oriented role that offers exposure to a wide range of functions and operational challenges. It’s a great opportunity for someone who is analytical, thrives in a fast-paced environment, and wants to build a strong foundation in trading operations. You'll be encouraged to ask questions, solve problems, and contribute ideas as we continuously evolve our processes and infrastructure.

As an Operations Associate, you will play a critical role in supporting the day-to-day operations of our options clearing and reconciliation processes. This position is essential to ensuring the accuracy and integrity of trading activity across multiple desks. You will serve as a key link between our trading teams, clearing firm, exchanges, and internal systems to help maintain the smooth functioning of post-trade processes.

Your responsibilities will span a variety of core operational functions, project work, and coordinating between teams. You’ll work closely with traders, engineers, and other operations professionals to identify and resolve issues quickly, helping to maintain the accuracy and efficiency that underpins our trading strategies.

This is a hands-on, detail-oriented role that offers exposure to a wide range of functions and operational challenges. It’s a great opportunity for someone who is analytical, thrives in a fast-paced environment, and wants to build a strong foundation in trading operations. You'll be encouraged to ask questions, solve problems, and contribute ideas as we continuously evolve our processes and infrastructure.

What You'll Do:

• Provide daily support liaison with clearing firm and trading group. This will include checking trades and resolving out trades, resolving discrepancies with our clearing firm, and being able to reconcile our trading position balances daily
• Communicate with traders during the trading hours
• Check daily morning, intraday, and closing trading positions for accuracy
• Check clearing activity reports and troubleshoot problems that may arise
• Work closely with all related parties to resolve internal clearing or systems issues
• Corporate actions processing and infrastructure cost allocation
  

What We're Looking For:

• Bachelor’s degree
• 3+ years of experience
• Strong computer skills, including Microsoft Excel
• Knowledge of SQL, or willingness to learn quickly
• Strong attention to detail
• Hard working and dedicated individual
• Strong communication skills and desire to work in a team environment
  

All candidates must be eligible to work in the U.S. without sponsorship.

The total compensation range for this role is approximately $60,000 -$100,000 contingent on experience. Wolverine Trading's total compensation model includes base salary and an annual discretionary bonus.

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Why Wolverine?

Wolverine Culture:

Our flat organizational structure promotes teamwork across the Firm and offers easy access to senior staff (don't worry, they won't be wearing a suit either). While we work exceptionally well as a team in the office, our bonds are further strengthened through company events, activities and giving back. Volleyball, soccer, hockey, 5K runs, picnic, parties, and trivia nights provide friendly competition and build better relationships. By getting out of our usual environment and doing out-of-the-ordinary things together, we foster creativity and broaden our imaginations to accomplish new challenges.

Wolverine Benefits:

· Highly competitive salary & bonus opportunity

· Generous paid time off and flexible scheduling

· 100% coverage of medical, dental, vision, life, and disability benefits for single coverage

· Generous Paid Parental Leave

· Retirement Plans: 401K and Roth 401K

· Profit sharing plan

· Long- and short-term disability

Perks of being at Wolverine:

· Free breakfast and lunch from our in-house kitchen with rotating menus (including snacks!)

· On-site gym with a subsidized membership

· Frequent company outings

· Opportunity to give back to organizations that help individuals in need in the Chicagoland area

Professional Development:

· In-house education team – classes and resources are offered for continuous learning opportunities

· Mentorship Program through your first six months of employment

About Us:

Founded in 1994, the Wolverine companies comprise a number of diversified financial institutions specializing in proprietary trading, asset management, order execution services, and technology solutions. We are recognized as a market leader in derivatives valuation, trading, and value-added order execution across global equity, options, and futures markets. With a focus on innovation, achievement, and integrity, we take pride in serving the interests of both our clients and colleagues. The Wolverine companies are headquartered in Chicago with an office in New York and a proprietary trading affiliate office located in London.

Seniority level

• Seniority level

  Not Applicable

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

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