Trade Operations Analyst
About The Position
Belvedere Trading is a leading proprietary trading firm proudly headquartered in downtown Chicago. Our traders work hard to provide liquidity to the market through their market-making activities and are the masters of a diverse set of commodities, interest rates, exchange-traded funds (ETF), and equity index options. From the beginning, we began iteratively investing in our proprietary technology and committing to building our systems from the ground up. Our trading models and software systems are continually re-engineered, optimized, and maintained to stay on top of the industry. Our Business department is comprised of several key teams who work to ensure that Belvedere is operating at the highest level. We look for passionate team members that excel and their contribution is critical to our continued success. Our Business Teams build and manage processes that strive to improve all facets of the company. Whether it’s human or financial capital, our goal is to drive productivity while enhancing Team Belvedere’s experience. We are looking for a skillful Trade Operations Analyst to join our Trade Operations team within the Business Team. This individual will be exposed to our various trading operations and innovative proprietary software. Our Trading Operations Analysts thrive in a fast-paced and competitive environment where they engage in high-level interactions with all levels of management as well as contribute to various trading desk activities. This role offers the potential for increased responsibility in accounting, technology, and operations to continue the success of the firm. The ideal candidate for this role will take the lead on their own learning to grow and expand their ability. The Trade Operations Team manages middle-office tasks in support of traders including real-time position reconciliation, trade confirmation, reporting, exercise and assignment notifications, brokerage tracking and reconciliation, and miscellaneous exchange-related inquiries.
Requirements
- Demonstrated strong quantitative and communication skills
- Ability to automate and improve processes by applying technical tools such as Python, VBA, scripting, and SQL
- Proficiency in Excel and data analysis.
- A desire to work in a fast-paced and challenging work environment with the understanding that hard work is rewarded
- Master of multi-tasking during the trading day
- The ability to be a team player and take direction from different teammates throughout the day
- Must be a self-motivated, quick learner who utilizes various technologies that evolve frequently
- Bachelor’s Degree required
Nice To Haves
- Bonus points if you have previous exposure to the financial industry
Responsibilities
- Work alongside experienced traders and managing partners to gain an unparalleled knowledge of our proprietary systems.
- Use scripts and queries to research and analyze reconciliation issues
- Identify and implement technology and process improvement opportunities
- Assist with position management, trade checks, and order execution
- Ensure that all trades have been reconciled appropriately
- Review and reconcile invoices from brokers to ensure accuracy
- Continuously communicate and coordinate with our technology teams
- Brainstorm and produce or assist in the production of automation tools to increase firm efficiency and accuracy
- Be an independent leader on projects that improve our trading operations management
- Learn trading concepts and options theory taught in Belvedere’s extensive education program
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Number of Employees
101-250 employees
