At a Glance
- Tasks: Join a dynamic team to shape operational processes in futures and derivatives.
- Company: Exciting new Futures business in London with a collaborative culture.
- Benefits: Competitive salary, career growth, and the chance to influence from day one.
- Other info: Hands-on role with opportunities for strategic project involvement.
- Why this job: Be a key player in a start-up environment and make a real impact.
- Qualifications: 7+ years in futures operations and strong knowledge of LME and ICE Europe.
The predicted salary is between 70000 - 90000 € per year.
An exceptional opportunity to join a newly established Futures business in London at a formative stage and work directly with the Head of Futures Operations as his right-hand. You will help design, build, and run operational processes for our futures and derivatives activities with a core focus on LME and ICE Europe markets. This is a hands-on role with a rare chance to influence how the business operates from day one. Depending on experience, we will consider candidates at either Manager or Analyst level.
Key Areas of Responsibilities
- Partner with the Head of Futures Operations to set up and manage daily operational and trade support functions for exchange-traded futures and derivatives.
- Oversee clearing deadlines and ensure all trades are processed accurately and on time, meeting regulatory, exchange, client, and internal requirements.
- Execute daily settlement processes across cash-settled and physically-delivered contracts, including LME prompt date processes, physical delivery notices, and option exercise/assignment.
- Perform daily reconciliations of positions, trades, margins, and cash flows; investigate and resolve exceptions promptly.
- Maintain precise records, monitor operational risk, and ensure compliance with internal policies, clearing house rules, and exchange regulations.
- Prepare and submit daily, weekly, and monthly reports on settlement activities to internal stakeholders and external regulators, as required.
- Liaise with clearing houses, brokers, and build strong relationships with internal stakeholders to ensure smooth transaction flow and timely issue resolution.
- Support strategic projects including system implementation, process automation, and onboarding of new markets.
Requirements
- Bachelor's degree or higher in Finance, Accounting, or a related discipline.
- Minimum 7 years of futures operations experience covering clearing & settlements, reconciliation, physical delivery, margin control, option exercise/assignment, and regulatory reporting.
- Strong working knowledge of LME and ICE Europe clearing house rules and delivery processes, with particular experience in LME physical delivery.
- Familiarity with LMEsmart, LMEmercury, LMEsword, and industry back-/middle-office systems such as ION XTP, GMI, etc.
- Exceptional attention to detail with a proactive, problem-solving mindset.
- Resilient and adaptable – able to operate independently in a start-up style environment while being a collaborative team player.
- Relevant professional qualifications or strong track record of hands-on operational experience in futures markets.
- Fluent in both written and spoken English.
Operations Manager, Futures - CITIC CLSA in London employer: CITIC CLSA
CITIC CLSA offers an exceptional work environment for the Operations Manager role, situated in the dynamic financial hub of London. With a focus on innovation and collaboration, employees are empowered to shape operational processes from the ground up, fostering a culture of growth and development. The company provides competitive benefits, opportunities for professional advancement, and a chance to be part of a pioneering Futures business at a formative stage, making it an attractive employer for those seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Operations Manager, Futures - CITIC CLSA in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those connected to CITIC CLSA. Attend events, join relevant online groups, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its operations. Understand their role in the LME and ICE Europe markets. We recommend practising common interview questions and tailoring your answers to highlight your experience in futures operations.
✨Tip Number 3
Showcase your problem-solving skills! In your conversations, share specific examples of how you've tackled challenges in futures operations. This will demonstrate your proactive mindset and ability to adapt in a start-up environment, which is key for this role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are genuinely interested in joining our team and contributing to our success from day one.
We think you need these skills to ace Operations Manager, Futures - CITIC CLSA in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Operations Manager role. Highlight your experience in futures operations, especially with LME and ICE Europe markets. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our newly established Futures business. Share specific examples of your past experiences that relate to the responsibilities listed in the job description.
Showcase Your Problem-Solving Skills:In your application, don’t forget to mention instances where you've tackled challenges in operational processes. We love candidates who can demonstrate a proactive, problem-solving mindset, so let us know how you’ve made a difference in previous roles!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team!
How to prepare for a job interview at CITIC CLSA
✨Know Your Futures Inside Out
Make sure you brush up on your knowledge of futures operations, especially around LME and ICE Europe markets. Familiarise yourself with the clearing house rules and delivery processes, as well as any relevant systems like LMEsmart or ION XTP. This will show that you're not just interested in the role but also have a solid understanding of the industry.
✨Demonstrate Your Problem-Solving Skills
Prepare examples from your past experience where you've tackled operational challenges head-on. Think about times when you had to resolve exceptions or improve processes. Being able to articulate these experiences will highlight your proactive mindset and adaptability, which are key for this hands-on role.
✨Build Rapport with Stakeholders
Since the role involves liaising with various stakeholders, practice how you would approach building relationships with clearing houses and brokers. Be ready to discuss your communication style and how you ensure smooth transaction flow. This will demonstrate your collaborative nature and ability to work effectively in a team.
✨Prepare for Strategic Project Discussions
Think about any strategic projects you've been involved in, particularly those related to system implementation or process automation. Be prepared to discuss your role in these projects and how you contributed to their success. This will show that you can support the company's growth and adapt to a start-up environment.
