Trading Operations Analyst

Virtu Careers; Austin (TX); On-site; USD 125,000 - 140,000; Full time

Job summary

Virtu Financial in Austin, TX is seeking an Analyst to manage clearance, settlement, and reconciliation of trades and positions. You will work closely with traders, finance, compliance, brokers, custodians, and clients to ensure timely settlements and accurate records.

Ideal candidates have 1-3 years experience, a quantitative degree, and strong SQL/Python skills. No finance background is required; a collaborative, process-improvement mindset is essential.

Qualifications

• 1-3 years professional working experience (graduates will be considered).
• Bachelor’s degree in a quantitative field preferred (Business, Finance, Economics, and Engineering backgrounds preferred).
• Strong experience with SQL and Python.
• Outstanding quantitative problem-solving skills.
• The ability to communicate information precisely and with agility to internal and external parties.
• A team player with a good attitude and flexibility in time commitment.
• Highly motivated and tenacious with initiative and teamwork.

Responsibilities

• Manage clearance, settlement, and reconciliation of all trades and positions.
• Collaborate with traders, finance, compliance, brokers, custodians, and clients to ensure timely settlement and accuracy.
• Work with software engineers to automate and strengthen operational workflows.
• Maintain focus on reducing risk and improving processes in trading operations.

Skills

SQL

Python

Education

Bachelor's degree in a quantitative field

Job description

Virtu is a leading financial firm that leverages cutting edge technology to offer liquidity to the global markets and innovative, transparent trading solutions to our clients. As a market maker, Virtu provides deep liquidity that helps to create more efficient markets around the world. Our market structure expertise, broad diversification, and execution technology enables us to provide competitive bids and offers in over 19,000 securities, at over 235 venues, in 36 countries worldwide.

THE ROLE

Our Trading Operations team is a multi-faceted group whose roles and responsibilities directly support the foundation of trading at Virtu. This team provides the operational efficiency that is central to our success in trading; they manage and optimize the logistics, mechanics and back office workflows that keep Virtu best-in-class.

We are looking to hire an Analyst who will be responsible for managing the clearance, settlement, and reconciliation of all trades and positions for the firm. In this role, you’ll collaborate closely with traders, finance, compliance, brokers, custodians, and firm customers to ensure timely settlement of trades, accuracy of books and records, and avoidance of unanticipated risk to both the firm and its customers.

We look for candidates with a strong technical foundation, as you will also have the opportunity to work closely with software engineers to further automate and enhance the robustness of the firm’s operational workflows. Operations Analysts not only become experts in the logistics and mechanics of trade clearance and settlement, but they also play a crucial role in the ability of the firm to conduct trading efficiently and safely, perform challenging and stimulating data analysis, and participate in the architecture of new systems and controls.

No finance experience is necessary. We look for motivated, detail-oriented candidates with a solid technical foundation and who have a drive toward process improvement.

THE CANDIDATE

• 1-3 years of professional working experience. (graduates will be considered)
• Bachelor’s degree in a quantitative field preferred (Business, Finance, Economics, and Engineering academic backgrounds preferred)
• Strong experience with SQL and Python
• Outstanding quantitative problem‑solving skills
• The ability to communicate information precisely and with agility to parties both internal and external
• A team player with a good attitude and flexibility in their time commitment to the job
• Highly motivated and tenacious individual, with a proven ability to take initiative and work independently and within a team environment

THE PROCESS

After passing an application screening, candidates will be sent an online programming test via email from a service called HackerRank. This is to gain an understanding of the candidates’ coding ability.

Salary Range: $125,000 - $140,000 (salary range is exclusive of bonuses, benefits or other categories of compensation)

Virtu Financial is an equal opportunity employer, committed to a diverse and inclusive workplace, welcoming you for who you are and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.