Join a new Futures business to design and manage operational processes for futures and derivatives, ensuring compliance and trade support.
Position Description
An exceptional opportunity to join a newly established Futures business in London at a formative stage and work directly with the Operations Futures team as his right-hand. You will help design, build, and run operational processes for our futures and derivatives activities — with a core focus on LME and ICE Europe markets. This is a hands-on role with a rare chance to influence how the business operates from day one.
Key Areas of Responsibilities
- Partner with the Head of Operations and Operations Manager to set up and manage daily operational and trade support functions for exchange-traded futures and derivatives.
- Oversee clearing deadlines and ensure all trades are processed accurately and on time, meeting regulatory, exchange, client, and internal requirements.
- Perform daily reconciliations of positions, trades, margins, and cash flows; investigate and resolve exceptions promptly.
- Maintain precise records, monitor operational risk, and ensure compliance with internal policies, clearing house rules, and exchange regulations.
- Prepare and submit daily, weekly, and monthly reports on settlement activities to internal stakeholders and external regulators, as required.
- Liaise with clearing houses, brokers, and build strong relationships with internal stakeholders to ensure smooth transaction flow and timely issue resolution.
- Support strategic projects including system implementation, process automation, and onboarding of new markets.
- Identify and implement process improvements to simplify workflows and strengthen controls.
- Contribute to the ongoing development of the Futures Operations function and operating model.
Requirements
- Bachelor's degree or higher in Finance, Accounting, or a related discipline
- Minimum 3 years of futures operations experience covering clearing & reconciliations, physical delivery, margin control, option exercise/assignment, and regulatory reporting.
- Strong SME knowledge of LME and ICE Europe clearing house rules and delivery processes, with particular experience in LME physical delivery.
- Familiarity with LMEsmart, LMEmercury, LMEsword, and industry back-/middle-office systems such as ION XTP, GMI, etc.
- Exceptional attention to detail with a proactive, problem-solving mindset.
- Resilient and adaptable — able to operate independently in a start-up style environment while being a collaborative team player.
- Relevant professional qualifications or strong track record of hands-on operational experience in futures markets.
- Fluent in both written and spoken English.
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Top Skills
Gmi
Ion Xtp
Lmemercury
Lmesmart
Lmesword
CLSA London, England Office
12/F Moor House, 120 London Wall, , London, United Kingdom, EC2Y 5ET
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