Clearing Operations Specialist

4 weeks ago


London, Greater London, United Kingdom Mercuria Full time
Job Description

As a key member of the EMEA Financial Operations team at Mercuria, you will play a vital 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:

  • Ensure accurate and timely completion of intra-day and EOD controls.
  • Collaborate with Middle Office and desks to resolve ad-hoc requests regarding positions and broker setup.
  • Perform exchange/CCP and broker reconciliations.
  • Monitor and report listed options and futures expiries to trading desks and middle office.
  • Review KPIs daily to ensure aged items and outstanding issues are resolved in a timely manner.
  • Prioritize and escalate risk items as necessary.
  • Work closely with multiple teams within the organization, including IT, Credit, Scheduling, Trading, MO, and Trade Finance.
  • Ensure compliance with MiFID II regulations.

Requirements:

  • 2+ years' experience in clearing or 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, such as 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 attention to detail.
  • Able to withstand pressure and juggle multiple priorities.
  • Confidence in own abilities.
  • Strong analytical skills.
  • Effective communication at all levels of the firm.


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