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For Companies 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, professional growth, 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 market.
- Qualifications: 7+ years in futures operations and a degree in Finance or related field.
- Other info: Collaborative environment with opportunities for innovation and career advancement.
The predicted salary is between 48000 - 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: CLSA
Contact Detail:
CLSA Recruiting Team
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 insider info about job openings 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. We love candidates who can talk shop!
✨Tip Number 3
Don’t just apply and wait! Follow up on your applications. A quick email or call can show your enthusiasm and keep you on the radar. We appreciate candidates who take initiative.
✨Tip Number 4
Check out our website regularly for new opportunities. We’re always looking for talented individuals to join our team, and applying directly through our site gives you a better chance to stand out!
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 achievements 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 CLSA
✨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 deadlines and settlement activities, as this will show your expertise and readiness for the role.
✨Showcase Your Problem-Solving Skills
Prepare examples from your past experience where you've tackled operational challenges. Highlight how you resolved exceptions during reconciliations or improved processes, as this will demonstrate your proactive mindset and ability to adapt in a start-up environment.
✨Build Rapport with Stakeholders
Think about how you can establish strong relationships with internal and external stakeholders. During the interview, mention your strategies for liaising with brokers and clearing houses, as this will reflect your collaborative approach and understanding of the importance of smooth transaction flow.
✨Be Detail-Oriented
Since attention to detail is crucial in this role, prepare to discuss how you maintain precise records and ensure compliance with regulations. Bring up any tools or systems you've used, like LMEsmart or ION XTP, to illustrate your thoroughness and technical proficiency.
