At a Glance
- Tasks: Join a dynamic team to design and manage operational processes for futures trading.
- Company: Exciting new Futures business in London with a start-up vibe.
- Benefits: Competitive salary, career growth, and the chance to shape operations from day one.
- Other info: Collaborative environment with opportunities for strategic project involvement.
- Why this job: Be a key player in a formative stage and influence how the business operates.
- Qualifications: 7+ years in futures operations and a degree in Finance or related field.
The predicted salary is between 43200 - 72000 £ 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 in London employer: CITIC
As a Business Manager at our EMEA location, you will thrive in a dynamic and collaborative environment that prioritises operational excellence and strategic growth. We offer a culture of high performance, continuous improvement, and strong leadership support, alongside opportunities for professional development and innovation. Join us to be part of a forward-thinking team that values integrity and fosters meaningful relationships across the financial landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Operations Manager, Futures in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those connected to futures operations. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of LME and ICE Europe markets. Show us you know your stuff and can hit the ground running in this hands-on role.
✨Tip Number 3
Don’t just wait for job openings; create your own opportunities! Consider reaching out directly to companies you admire, including us at StudySmarter, to express your interest and see if there’s a fit.
✨Tip Number 4
Follow up after interviews with a thank-you note. It’s a simple gesture that shows your enthusiasm and keeps you fresh in the interviewer’s mind. We love seeing candidates who are genuinely interested!
We think you need these skills to ace Operations Manager, Futures 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 match 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 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 times when you’ve tackled challenges head-on. We love candidates who can demonstrate a proactive, problem-solving mindset, especially in a fast-paced environment like ours.
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 you’re keen on joining our team!
How to prepare for a job interview at CITIC
✨Know Your Futures Inside Out
Make sure you brush up on your knowledge of futures operations, especially around LME and ICE Europe markets. Be ready to discuss specific processes like clearing, settlements, and reconciliations. This shows you're not just familiar with the terms but can actually apply them.
✨Showcase Your Problem-Solving Skills
Prepare examples from your past experience where you've tackled operational challenges. Whether it’s resolving discrepancies in trades or improving a process, having concrete examples will demonstrate your proactive mindset and ability to adapt in a fast-paced environment.
✨Build Rapport with Stakeholders
Since this role involves liaising with various stakeholders, think about how you can showcase your relationship-building skills. Share experiences where you’ve successfully collaborated with brokers or internal teams to ensure smooth transaction flows.
✨Be Ready for Technical Questions
Expect some technical questions related to the systems mentioned in the job description, like LMEsmart or ION XTP. Familiarise yourself with these tools and be prepared to discuss how you've used similar systems in your previous roles.
