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 collaborative culture.
- Benefits: Competitive salary, professional development, and a chance to shape the future of the business.
- Why this job: Be a key player from day one and influence how we operate in the futures market.
- Qualifications: 7+ years in futures operations and a degree in Finance or related field.
- Other info: Fast-paced start-up environment with opportunities for growth and innovation.
The predicted salary is between 43200 - 72000 Β£ 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 β 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 β 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: CLSA Global Markets Pte Ltd
Contact Detail:
CLSA Global Markets Pte Ltd Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Operations Manager, Futures in London
β¨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work in futures operations. A friendly chat can lead to insider info about job openings or even a referral.
β¨Tip Number 2
Prepare for interviews by brushing up on your knowledge of LME and ICE Europe markets. Be ready to discuss how your experience aligns with the role and share examples of how you've tackled challenges in the past.
β¨Tip Number 3
Showcase your problem-solving skills! During interviews, highlight specific instances where you identified issues and implemented solutions in your previous roles. This will demonstrate your proactive mindset.
β¨Tip Number 4
Donβt forget to apply through our website! Itβs the best way to ensure your application gets noticed. Plus, we love seeing candidates who are genuinely interested in joining our team.
We think you need these skills to ace Operations Manager, Futures in London
Some tips for your application π«‘
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 achievements that relate to the key responsibilities mentioned in the job description.
Showcase Your Attention to Detail: Given the nature of the role, we value attention to detail highly. Make sure your application is free from typos and errors. This shows us you take pride in your work and understand the importance of accuracy in operations.
Apply Through Our Website: We encourage you to apply directly through our website. Itβs the best way for us to receive your application and ensures youβre considered for the role. Plus, it gives you a chance to explore more about our company culture!
How to prepare for a job interview at CLSA Global Markets Pte Ltd
β¨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. Showing that you understand the intricacies of these areas will impress the interviewers.
β¨Demonstrate Problem-Solving Skills
Prepare examples from your past experience where you've tackled operational challenges. Whether itβs resolving discrepancies in trades or managing tight deadlines, having concrete examples will showcase your proactive mindset and ability to handle pressure.
β¨Build Rapport with Stakeholders
Since this role involves liaising with various stakeholders, think about how you can demonstrate your relationship-building skills. Share experiences where youβve successfully collaborated with brokers or internal teams to ensure smooth operations. This will highlight your team player attitude.
β¨Be Ready for Technical Questions
Expect some technical questions related to systems like LMEsmart or ION XTP. Familiarise yourself with these tools and be prepared to discuss how youβve used them in your previous roles. This shows that youβre not just experienced but also adaptable to new technologies.