Trading Operations Specialist

Quanta Search; Chicago (IL); On-site; USD 60,000 - 165,000; Full time

Job summary

A leading company in the finance sector is seeking a Trading Operations Specialist in Chicago. This role involves supporting agricultural trading desks with trade capture, reconciliation, and P&L calculation. Ideal candidates will have a solid understanding of financial data management and strong Excel skills. Entry-level applicants with relevant degrees are encouraged to apply, as this position offers extensive support and collaboration opportunities with senior management.

Qualifications

• Bachelor's degree in Finance, Economics, or equivalent.
• 2+ years experience in finance or trading preferred.
• Competency in handling sensitive financial data.

Responsibilities

• Support Agricultural trading desks with trade capture and reconciliation.
• Perform daily P&L calculation and ensure reporting aligns with standards.
• Act as primary contact for workflows, addressing arising issues.

Skills

Problem Solving

MS Excel

Data Handling

Education

Bachelor’s degree in Finance, Economics, or another quantitative field

Tools

Python

SQL

VBA

Job description

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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.

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

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