Senior Mid-Office Analyst at Edgehog Trading in Chicago, IL

About the role:
We are seeking a Mid-Office Analyst to own the firm’s trade reconciliation processes and manage day-to-day interactions with clearing brokers. This role is responsible for ensuring the accuracy and integrity of trade, position, and cash data across internal systems and external accounts. You will work closely with trading, engineering, and external partners to investigate discrepancies, resolve issues, and improve processes as the firm continues to scale.
What you'll do:
Own the end-to-end reconciliation of trades, positions, and cash, ensuring accuracy across internal systems and clearing accounts (T+0 / T+1)
Investigate and resolve discrepancies by working closely with traders, developers, and clearing firms
Manage the firm’s day-to-day relationship with clearing firms, ensuring timely trade capture, settlement, and issue resolution
Perform P&L validation and explanation, including reconciliation of fees, commissions, and financing
Monitor and reconcile cash balances, margin, and funding flows across accounts
Support daily and month-end reporting, ensuring accuracy and completeness of trading and financial data
Identify recurring issues and drive improvements to reconciliation workflows, controls, and processes
Partner with engineering to enhance internal tools and automate workflows, leveraging SQL, Python, or other data tools where helpful
Help build scalable infrastructure as the firm expands into new products, markets, and clearing relationships
Qualifications and skills:
Previous experience (3+ years) in a middle office, trade operations, or reconciliation role at a trading firm, bank, broker-dealer, or similar institution
BA/BS/MS degree in Finance, Accounting, Engineering, Math, or a related field
Strong understanding of trade lifecycle, clearing, and settlement processes, ideally in options
Experience working with clearing firms and exchanges
Analytical mindset with strong attention to detail and ability to investigate discrepancies independently
Working knowledge of SQL, Python, or similar tools is a plus.
Comfortable working in a fast-paced, collaborative environment across trading, engineering, and operations teams
Why Edgehog:
Small team advantage: Direct access to founders and senior team members from day one
Ownership early: Manage real P&L and make meaningful impact within your first year
Cutting-edge tech: Work with our proprietary models and low-latency trading systems built in-house
Tight feedback loops: Monthly 1-on-1s with your mentor, quarterly reviews with leadership
Chicago-based: Affordable cost of living, vibrant trading community
Benefits:
Comprehensive health, dental, and vision insurance with premiums 100% covered by the firm
401(k) with a 4% company match
Unlimited paid time off and sick leave
Free lunch, coffee, drinks, and snacks
Commuter benefits
Monthly happy hours and annual team events

The base salary range for this position is listed below. Base salary represents just one part of overall compensation; all full-time, permanent roles are eligible for a discretionary bonus and benefits, including items in the above list.
The base salary for this role is 80,000 - 120,000 USD per year
About us
Edgehog Trading is a proprietary trading firm specializing in electronic options market making. We take a technology-driven approach, designing and operating automated, scalable systems to provide liquidity across markets.
Our team spans trading, engineering, and business operations, working together to build and support the systems that power the firm. We emphasize data-driven decision making, rigorous problem solving, and continuous improvement to navigate complex and evolving markets.
We operate in a highly collaborative environment where ideas can move quickly from concept to implementation, and where individuals are empowered to take ownership and contribute directly to the firm’s growth.