Trading Operations Specialist

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

Job summary

Join a dynamic and rewarding role as a Trading Operations Specialist, where you will support Agricultural trading desks in a fast-paced environment. This position involves critical tasks such as trade capture, reconciliation, and P&L calculation, requiring strong communication skills and the ability to work collaboratively with various teams. You will be the go-to person for enhancing workflows and technology, ensuring efficient operations and risk management. This innovative firm offers a competitive compensation package to the right candidate, making it an exciting opportunity for those passionate about finance and trading.

Qualifications

• Bachelor's degree in Finance or Economics or equivalent experience required.
• Strong MS Excel skills and ability to handle sensitive financial data.

Responsibilities

• Support Agricultural trading desks with trade capture, reconciliation, and P&L calculation.
• Act as primary contact for workflows, addressing issues with internal and external parties.

Skills

Problem-solving

Communication

Financial Data Handling

MS Excel

Database Management

Programming (Python, SQL, VBA)

Education

Bachelor’s degree in Finance

Bachelor’s degree in Economics

Quantitative field equivalent experience

Tools

Trade Capture Systems

Inventory Management Systems

P&L Reporting Systems

Job description

As a Trading Operations Specialist in Chicago, your key role will be supporting Agricultural trading desks globally. Your tasks will include trade capture, confirmation, reconciliation, and P&L calculation, calling for strong communication skills as you'll liaise with various internal teams and senior management. You'll need to handle the stress of a fast-paced environment while maintaining professionalism.

Responsibilities:

• Assume ownership and expertise of processes and workflows to support standard operational and trader assistant functions of the firm's Agricultural trading desks
• Handle trade and position reconciliation with the firm's clearing firms, prime brokers, and bilateral counterparties
• Perform daily P&L calculation and substantiation: ensure that the preferred method of aggregating and reporting P&L at each desk aligns and integrates with the firm's standards
• Achieve proficiency in the firm's proprietary and third-party trade capture, inventory management, and P&L reporting systems necessary to support the desks’ activity
• Act as the primary contact for current workflows, addressing issues that may arise between internal groups and multiple external exchanges, clearers, and counterparties
• Provide crucial support and advice on needed enhancements to technology, workflows, and processes as a system super-user
• Develop a comprehensive understanding of traders’ individual risk management tools and offer support for their requirements
• Upgrade and support traders’ tools to align with standard firm technologies and tools
• Collaborate with technical personnel to ensure proper support for ongoing operations and procure enhancements for deficient or new workflows, with a focus on process efficiency, risk reduction, and alignment with firm standards
• Partner closely with the Business Liaison team to ensure new desks, traders, and products are onboarded correctly

Required Experience:

• A Bachelor’s degree in Finance, Economics, or another quantitative field, or material equivalent experience
• Proven ability to independently and rapidly solve problems
• Ability to perform tasks consistently and reliably
• Competency in handling sensitive financial data
• Strong MS Excel skills

Preferred Experience:

• 2+ years of experience in finance or trading
• Previous interaction with front office and senior management personnel in a dynamic trading environment
• Ability to work with databases and utilize data from APIs
• Experience with programming languages such as Python, SQL, VBA

A rewarding compensation package is offered to the right candidate.