Clearing Operations Specialist

3 weeks ago


London, Greater London, United Kingdom Mercuria Full time

As a key member of the EMEA Financial Operations team at Mercuria, you will play a pivotal role in the day-to-day functions across various teams within Clearing Operations. Your responsibilities will include completing intra-day and EOD controls to ensure all processes are running smoothly, and all trades are feeding from source to books and records system.

Key responsibilities include:

  • Ensuring the accuracy and completeness of trade data, including positions, broker setup requests, and exchange/CCP & broker reconciliations.
  • Providing timely and effective support to Middle Office and trading desks, including responding to ad-hoc requests and understanding and reporting listed options and futures expiries.
  • Reviewing and analyzing KPIs daily to ensure aged items and outstanding issues are resolved in a timely manner.
  • Working closely with multiple teams within the organization, including IT, Credit, Scheduling, Trading, MO, and Trade Finance.
  • Ensuring compliance with regulatory requirements, including MiFID II obligations.

Requirements:

  • 2+ years' experience in clearing / listed derivatives operations or general commodities operations.
  • Strong derivatives product knowledge, including knowledge of the trade lifecycle of Cleared/Futures trades.
  • Good knowledge of various exchanges, including CME, EEX, LME, or ICE.
  • Prior exposure to CCP and Clearing broker margin call.
  • Good system skills, including Openlink/ENDUR, Amphora, ICE Credit Management, ICE Clearing Admin, TLM, and Excel.

Skills:

  • Positive approach to problem-solving.
  • Excellent numerical skills and highest regard for attention to detail, accuracy & quality.
  • Able to withstand pressure and juggling multiple priorities.
  • Confidence in own abilities.
  • Strong Analytical skills.
  • Effective communication at all levels of the firm.


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