Operations Analyst at Squarepoint Capital in Houston

Position Overview:

Primary focus will be on Commodities within the Operations team, who are responsible for trade capture, trade confirmations, settlements, reconciliations and position life-cycle events within the firm.

• Manage all aspects of a growing physical and derivative Commodities business, including trade validation, maintenance, affirmation, settlement and reconciliation.
• Validate process and settle all periodic events to ensure the integrity of the entire trade life cycle.
• Perform position and cash reconciliations
• Perform trade affirmation in multiple systems (depending on asset type) with counterparties to minimize risk.
• Monitoring T+0 trade capture exceptions.
• Processing option assignments and expiries.
• Onboarding new trading counterparties and exchanges

Required Qualifications:

• 3+ years in Commodities middle-office / trade support experience covering trade processing, collateral, confirmations, settlements, cash, position and trade reconciliations.
• Demonstrate proficiency in all types of Commodities, including:
  • Futures and Options on exchange (LME, CME, SHFE, SGX)
  • Future lookalike (swaps) and other OTC products
  • OTC products traded bilaterally with physical players
  • Paper-like physical ownership such as Warrants, Pool Accounts, Carbon Certificates etc
  • Physical ownership of Commodities (off-warrant)
• Demonstrate proficiency in all calculations used to support any products in your asset class coverage.
• Understand the importance of our team concept. Establish long-lasting organizational relationships that will foster a productive work environment.
• Demonstrate proficiency in written and oral communication skills.
• Working on system and process improvements, and new business initiatives.
• Understand the relevant technology and applications that are required to excel in the role.