We are currently looking for an experienced ETD Operations professional to support Exchange-Traded Derivatives (ETD) within a Financial Markets Operations environment. The role will focus on trade lifecycle management, clearing, settlement, reconciliation, exception management, and operational controls.
Key Responsibilities
- Manage end-to-end operational processing of Exchange-Traded Derivatives (ETD) transactions.
- Support the trade lifecycle for futures and options across relevant exchanges and clearing houses.
- Review and validate trade bookings to ensure transaction details are complete and accurate.
- Monitor trade matching, clearing, settlement, and post-trade activities within required deadlines.
- Investigate and resolve trade breaks, unmatched transactions, settlement discrepancies, and operational exceptions.
- Perform daily reconciliation of trades, positions, cash movements, fees, and related balances.
- Coordinate with clearing brokers, exchanges, counterparties, custodians, and internal stakeholders to resolve operational issues.
- Monitor clearing and settlement activities and ensure transactions are processed within established SLAs and market cut-off times.
- Support expiry, exercise, assignment, and other lifecycle events associated with futures and options.
- Work closely with Front Office, Middle Office, Settlements, Reconciliation, Margin Operations, Risk, and Technology teams.
- Identify and escalate aged or high-risk operational breaks in accordance with established escalation procedures.
- Maintain accurate operational records, supporting documentation, and audit trails.
- Ensure adherence to internal risk controls, SOPs, regulatory requirements, and governance standards.
- Support operational reporting, including outstanding breaks, settlement status, exceptions, and key risk indicators.
- Participate in system enhancements, automation initiatives, process improvements, migrations, and UAT/testing where required.
Requirements
- 5–8 years of relevant experience in ETD Operations, Derivatives Operations, Futures & Options Operations, Clearing Operations, or Financial Markets Operations.
- Strong understanding of Exchange-Traded Derivatives, particularly futures and options.
- Good understanding of the ETD trade lifecycle, including trade capture, matching, clearing, settlement, reconciliation, expiry, exercise, and assignment.
- Hands-on experience in trade processing, exception management, reconciliation, and break resolution.
- Knowledge of clearing houses, exchanges, clearing brokers, and post-trade processes.
- Understanding of margin, collateral, settlement, and operational risk controls within derivatives operations would be advantageous.
- Experience working with Front Office, Middle Office, Risk, Technology, and other Operations teams.
- Strong analytical and problem-solving skills with excellent attention to detail.
- Ability to manage high transaction volumes and work effectively within strict market deadlines.
- Strong communication and stakeholder management skills.
- Experience with ETD, clearing, derivatives, or financial markets processing systems would be advantageous.
Work Location: In person