Trading Operations Specialist - Chicago

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world.  We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk. 

Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets. 

We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters–it's how we do it.  DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.  

As an Operations Specialist, your work will focus on OTC & OTC Intermediation products and processes, including reconciliations, profit-and-loss calculation and analysis, variance analysis, end of day settlements management and a variety of other activities to support the firms trading activities across all asset classes.  In this role, you will have regular, direct interaction with a variety of teams, including finance, risk, treasury, technology, operations, and the front office.  The ability to work in a fast-paced environment while maintaining a high degree of professionalism is paramount.

What you’ll do in this role:

• Perform detailed trade, position and valuation reconciliations across our OTC and OTC Intermediated business
• Daily, firm-wide P&L calculation, substantiation and variance analysis
• Manage the end-of-day product marking process (internal theoretical settlements) and support firmwide EOD P&L reporting
• Preparation, analysis and support for the onboarding of new or enhanced workflows for existing or new derivative products
• Adopt, integrate and promote new technology as it becomes available
• Work with cash and treasury teams to facilitate cash movements in OTC businesses

You’ll be right at home if you have:

• Five or more years of experience in a detail-oriented role in the financial markets industry,   ideally in a middle office, back office or risk management capacity
• Experience with futures, futures options, equities, equity options, FX, bonds, swaps, swaptions or other financial derivatives or products
• High level of proficiency with Excel
• Previous experience with SQL and VBA
• Bachelor’s degree in finance, accounting or another quantitative field
• Demonstrated strong communication skills with internal and external collaborators
• Demonstrated ability to work effectively and solve problems independently and in collaboration with various teams across the firm
• Proven ability to understand challenging problems, find solutions and drive process improvement
• Demonstrated ability to understand the big picture and anticipate downstream impacts

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California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.

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