Operations Analyst

Squarepoint Capital • Houston, TX

3d

About The Position

The Operations Analyst will primarily support Commodities within the Operations team. The team is responsible for trade capture, confirmations, settlements, reconciliations, and position life-cycle events. The role manages operational processes for a growing physical and derivative Commodities business, including trade validation, maintenance, affirmation, settlement, and reconciliation. It also supports periodic events, position and cash reconciliations, trade affirmation across multiple systems, T+0 trade capture exception monitoring, option assignments and expiries, and onboarding new trading counterparties and exchanges.

Requirements

• At least 3 years of Commodities middle-office or trade-support experience covering trade processing, collateral, confirmations, settlements, cash, position, and trade reconciliations.
• Proficiency in Commodities products, including exchange-traded futures and options (LME, CME, SHFE, SGX); future lookalikes (swaps) and other OTC products; OTC products traded bilaterally with physical players; paper-like physical ownership such as warrants, pool accounts, and carbon certificates; and off-warrant physical ownership of Commodities.
• Proficiency in calculations used to support products within the candidate's asset-class coverage.
• Ability to understand and contribute to the team concept and establish long-lasting organizational relationships that foster a productive work environment.
• Written and oral communication proficiency.
• Understanding of the technology and applications required to excel in the role.

Responsibilities

• Manage operational aspects of the physical and derivative Commodities business, including trade validation, maintenance, affirmation, settlement, and reconciliation.
• Validate, process, and settle periodic events to support the integrity of the trade life cycle.
• Perform position and cash reconciliations.
• Affirm trades with counterparties in multiple systems, depending on asset type, to minimize risk.
• Monitor T+0 trade capture exceptions.
• Process option assignments and expiries.
• Onboard new trading counterparties and exchanges.
• Work on system and process improvements and new business initiatives.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed