Senior, Global Reconciliations at StoneX in Chicago, IL

Overview

Connecting clients to markets – and talent to opportunity. With 5,400+ employees and over 80,000 institutional, commercial, and payments clients, we operate from more than 80 offices spread across six continents. As a Fortune 100, Nasdaq-listed provider, we connect clients to the global markets – focusing on innovation, human connection, and providing world-class products and services to all types of investors.Whether you want to forge a career connecting our retail clients to potential trading opportunities, or ingrain yourself in the world of institutional investing, StoneX Group is made up of four business segments that offer endless potential for progression and growth.

Corporate: Engage in a deep variety of business-critical activities that keep our company running efficiently. From strategic marketing and financial management to human resources and operational oversight, you’ll have the opportunity to optimize processes and implement game-changing policies.

Responsibilities

Position Purpose: To perform and review core activities within the StoneX Global Reconciliations department, applying sound judgement to investigate and resolve more complex exceptions. The role will act as an experienced point of support for colleagues, contribute to the strengthening of controls and processes, and support initiatives affecting the US and Canadian entities, while escalating material or systemic issues appropriately.

Primary Responsibilities will include:

Communication with Regulators and Exchanges on Position Reporting – Liaise with regulators and exchanges on discrepancies raised in position reporting submissions. Investigate root causes, coordinate same-day corrective action where required, and work with relevant teams to prevent recurrence.

Reconciliations – Perform reconciliations requiring US time-zone coverage and provide experienced support for reconciliations performed by the Global Capabilities Center (GCC) which may require local market and system knowledge.

Break Investigation and Resolution – Analyze complex or ageing breaks across balances, trades and positions, determine the appropriate course of action, and coordinate resolution with Operations, Finance, Technology, Compliance and other relevant stakeholders.

Review and Quality Assurance – Review reconciliation outputs and break commentary produced by less experienced colleagues, challenging incomplete analysis and helping to ensure that records, evidence and proposed actions are accurate and complete.

Controls and Escalation – Monitor adherence to established procedures and controls, identify material, repeated or systemic issues, and ensure timely escalation to the Lead, Global Reconciliations and other appropriate stakeholders.

Process Improvement – Identify opportunities to improve reconciliation processes, controls and reporting. Support the documentation, testing and implementation of agreed enhancements, including automation and standardisation initiatives.

Knowledge Sharing – Provide day-to-day technical guidance and knowledge transfer to colleagues without direct line-management responsibility, supporting consistent execution across locations.

Ad Hoc Requests and Projects – Support departmental initiatives and projects, with particular focus on requirements affecting the US and Canadian entities, including analysis, testing, implementation and post-implementation review.

Collaboration – Work with local and global teams on issues requiring on-the-ground knowledge of activity, products, processes or systems specific to StoneX entities in the US and Canada.

Qualifications

To Land this role you will need:

• Strong working knowledge of derivatives, including futures and options, and their associated lifecycle events.
• Solid experience within reconciliations or a related derivative operations environment, including investigation and resolution of complex exceptions.
• Experience reviewing work, providing technical guidance and supporting the development of less experienced colleagues.
• Knowledge of ION XTP and/or GMI, and their various modules, preferred.
• Experience contributing to process improvement, control enhancement or operational change initiatives.

What will make you stand out:

• Attention to detail and ability to manage multiple priorities in a fast-paced environment.
• Effective communication and interpersonal skills, with the ability to build relationships and collaborate with stakeholders across the business.
• Ability to work independently, exercise sound judgement and take ownership of issues through to resolution.
• Effective organisation and time management skills.
• Strong analytical and problem-solving skills, with the ability to identify discrepancies, trends and potential systemic issues
• Ability to review and challenge work constructively and provide clear technical guidance to colleagues.
• Progressive and proactive approach to improving processes and controls, with a particular focus on the use of technology, including AI, to achieve results.

Working environment:

• 4 days in office per week

Hiring Salary Range $95,000 - $120,000. Salary to be determined by the education, experience, knowledge, skills and abilities of the applicant, internal equity and alignment with market data.)   Subject to business performance and recommendations of management, this role may be eligible to participate in an incentive compensation plan.  This compensation package, in addition to a full range of medical, financial, and/or other benefits, dependent on the position, is offered.