Trading Services [Multiple Positions Available]

Fairygodboss; Chicago (IL); On-site; USD 139,000 - 163,000; Full time

Benefits offered by this job

Health care coverage

On-site wellness centers

Retirement savings plan

Backup childcare

Tuition reimbursement

Mental health support

Job summary

JPMorgan Chase & Co. in Chicago is seeking a senior manager to lead the futures and derivatives clearing operations team, ensuring precise trade capture, allocation and reconciliation across CME Group, ICE and OCC.

You will oversee controls, sign-off, and strict regulatory compliance. The role focuses on driving efficiency, leading market-specific clearing projects, and collaborating with front office, trading desks, technology, compliance, legal, and other operations teams.

Qualifications

• Bachelor’s or Master’s degree in business administration/related field with several years of experience in trading services management.
• Experience applying regulatory rules (CFTC, NFA, exchanges) within operational workflows.
• Experience operating exchange interfaces (CME FEC, ICE FEC, OCC Encore).
• Experience with Fidelity Investor Services applications (ClearVision, FIS Cleared Derivatives, GMI).
• Proven ability to streamline workflows, automate processes and implement controls to review KPIs and SOPs.
• Experience developing and enhancing exchange reconciliations using Alteryx workflows.

Responsibilities

• Lead futures and derivatives clearing operations team and ensure accurate trade capture, allocation and reconciliation across exchanges and clearing houses.
• Oversee compliance with CFTC, NFA and exchange regulations; ensure timely controls review and sign-off.
• Manage cross-functional projects, drive efficiency and identify new business opportunities.
• Resolve client escalations and provide support to legal, compliance and audit.
• Supervise daily team activities including workload distribution and performance feedback.

Skills

executing post-trade workflows

applying CFTC, NFA, and exchange rules

exchange interfaces (CME FEC, ICE FEC,

Fidelity Investor Services apps (Clear

streamlining workflows & KPI reviews

Alteryx workflows for reconciliations

Education

Bachelor’s degree in business administration/related

Master’s degree in business administration/related

Tools

Alteryx

Fidelity Investor Services tools

Global Market Interface

Job description

DESCRIPTION

Duties: Manage the futures and derivatives clearing operations team, ensuring precise trade capture, allocation, and reconciliation across exchanges, clients, and clearing houses such as CME Group, ICE, and OCC. Ensure the timely completion, review, and sign-off of all operational controls, while maintaining strict compliance with CFTC, NFA, and relevant exchange regulations. Lead and manage market-specific clearing projects, driving initiatives that focus on innovation, operational efficiency, and the exploration of new business opportunities. Identify and implement process improvements across trade and client workflows, collaborating with internal stakeholders including front office, trading desks, technology, compliance, legal, and other operations teams. Address and resolve client escalations and ad hoc inquiries from clients, legal, compliance, and audit functions. Supervise daily team activities, including workload distribution, performance feedback, personnel actions, and cross-training initiatives.

QUALIFICATIONS

Minimum education and experience required: Bachelor's degree in Business Administration, Business Management, or related field of study plus seven (7) years of experience in the job offered or as Trading Services Manager, Associate/Transaction Processing Manager, or related occupation. The employer will alternatively accept a Master's Degree in Business Administration, Business Management, or related field of study plus five (5) years of experience in the job offered or as Trading Services Manager, Associate/Transaction Processing Manager, or related occupation.

Skills Required

• executing post-trade workflows using exchange-traded derivatives (five (5) years of experience)
• applying CFTC, NFA, and exchange rules in operational workflows (any amount of experience)
• operating exchange-specific user interfaces including CME FEC, ICE FEC, and OCC Encore (any amount of experience)
• operating Fidelity Investor Services applications including ClearVision, FIS Cleared Derivatives, and Global Market Interface (any amount of experience)
• Streamlining workflows, automating processes, and implementing controls to review KPIs and SOPs (any amount of experience)
• developing and enhancing exchange reconciliations using Alteryx workflows (any amount of experience)

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. In addition, please visit: https://careers.jpmorgan.com/us/en/about-us.

Job Location: 10 South Dearborn St, Chicago, IL 60603. Full-Time. Salary: $138,599 - $163,000 per year.

ABOUT US

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

ABOUT THE TEAM

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.