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 80000 - 100000 £ 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. #J-18808-Ljbffr
Associate Director, Operations Futures, Futures in London employer: CLSA
CLSA is an exceptional employer that fosters a dynamic and collaborative work culture, where innovative thinking and teamwork are highly valued. Located in a vibrant financial hub, employees benefit from extensive professional growth opportunities, competitive compensation, and a commitment to work-life balance, making it an ideal place for those looking to thrive in the fast-paced world of exotic equity derivatives.
