Senior Associate - GTO Middle Office - PnL & Valuation

DRW•Chicago, IL

21h

About The Position

As a Senior Associate - GTO Middle Office - PnL & Valuation, you will join our Global Trading Operations team and provide dedicated support to DRW’s trading desks. Primary responsibilities will include reconciliation, profit-and-loss calculation and analysis, which require communication with both front office traders and back-office colleagues, as well as with senior management in both departments. Highly effective communication skills are critical as you will also have regular, direct interaction with a variety of other teams across the firm, including risk management, technology, and the firm’s partnership. The ability to work in a stressful environment while maintaining a high degree of professionalism is paramount.

Requirements

3+ years of experience in middle or back office with strong knowledge and expertise in derivative valuations
The ability to navigate and analyze P&L across various asset types
Prior interaction with front office and senior management teams in an active trading environment preferred
Ability to work with databases, and utilize data from APIs preferred
Strong MS Excel skills, including VBA experience
Python coding skills preferred but not required
Bachelor’s degree in finance, economics or material equivalent exposure
Demonstrated ability to independently and quickly solve problems
Able to perform repeatable tasks with consistent results
Able to handle sensitive financial data appropriately

Responsibilities

Provide ownership for and mastery of the processes and workflows needed to support standard operational functions of the firm’s trading desks
Daily P&L calculation and substantiation: while supporting each desk’s preferred method of aggregating and reporting P&L, ensure that such workflow conforms to and integrates with DRW’s standards
Gain mastery of the firm’s proprietary and third-party trade capture, inventory management, and P&L reporting systems necessary to support the desks’ activity
Act as process super-user for current workflows and systems, resolving issues that may arise between internal groups at DRW and multiple external exchanges, clearers, and counterparties; provide critical support and advice regarding needed enhancements to technology, workflows, and processes
Develop strong understanding of traders’ individual risk management tools and support of related traders’ needs
Upgrade and support traders’ tools to take advantage of technologies and tools that are firm standard
Liaise with technical personnel to secure proper support/coverage for ongoing operations and implement enhanced workflows, with a focus on process efficiency, risk reduction, and alignment with DRW standards
Work closely with Business Liaison team to assure new desks, traders, and products are on-boarded correctly