Director of Futures & Prediction Markets Clearing Operations

Webull Financial•New York, NY

17h•$185,000 - $230,000•Hybrid

About The Position

We're expanding our Futures Operations team at Webull and are looking to bring on a Director of Futures & Prediction Markets. This role can sit in either our Global HQ in St. Petersburg, Florida or our New York office, and will play a critical role in supporting and scaling our rapidly growing futures business. Following the launch of futures trading on the Webull platform in March 2024, this team has been instrumental in ensuring the growth and stability of our derivatives offering. This role brings hands-on building experience to the team, including work towards becoming self clearing, trade routing builds, clearing integrations, and exchange connectivity, alongside the day-to-day management of Futures Trading and Clearing. In this role, you will collaborate closely with partners across compliance, risk, and operations, and you'll play a key role in ensuring the platform runs seamlessly while driving improvements across trading workflows, operational processes, and new product features as our futures and prediction markets capabilities continue to expand.

Requirements

Prior hands on building experience is required for this role, including experience with initiatives such as self clearing, trade routing builds, clearing integrations, exchange connectivity, back office functionality, and other Futures specific infrastructure
8+ years of front office and back office experience, preferably within a retail brokerage, Futures Commission Merchant, or similar trading environment.
Extensive experience with Futures, commodities, and related trading markets, including a strong understanding of the full trade lifecycle, order routing, clearing, margin, and back office processing.
Demonstrated hands on experience building Futures trading infrastructure is required, including experience with self clearing, trade routing, clearing integrations, exchange connectivity, back office systems, or new product and trading functionality implementations.
Active Series 3 License

Nice To Haves

Background in managing client account futures, futures options and margin risk.
Risk background preferred

Responsibilities

Lead and manage the buildout of new Futures and Event Contracts products, functionality, and trading infrastructure.
Manage all aspects of functionality builds for new products and infrastructure, including requirements development, functional design, testing, implementation, production readiness, and ongoing operational support.
Serve as the primary point of contact for supporting and managing the trading infrastructure for the 24x7 Futures and Event Contracts trading business, including system functionality, order routing, exchange and clearing connectivity, and operational escalations.
Monitor daily flow across the back office environment to ensure accurate processing and timely identification of issues.
Serve as the primary point of identification and escalation for all trading disruptions, issues, latency, or order execution alerts generated internally or externally, including Exchange driven alerts.
Lead morning team huddles to review order flow status and confirm all trade fills are being received and processed correctly.
Oversee daily trading operations for both Futures and Kalshi markets, ensuring operational readiness and trading stability.
Monitor the daily life of futures trade flow and perform trade inquiry research, investigation and issues resolution.
Assist in configuring parameters and establishing liquidation thresholds for Futures Spreads.
Monitor account level trading, client cash flows and buying power calculations.
Monitor and address issues related to Futures order routing in different markets including but not limited to CME, NYMEX, COMEX, CBT, ICE US, CFE and ICE EU.
Address client inquiries and questions via phone and written channels regarding account onboarding, Margin Calculations, liquidation policies and key deliverable dates.
Review specific accounts to address issues related to position limits, concentration and order size limits.
Coordinate with clearing firms, operations and risk teams to resolve trade related issues.