At a Glance
- Tasks: Join a dynamic team to design and manage operational processes for futures trading.
- Company: Be part of a newly established Futures business in London with a collaborative culture.
- Benefits: Full-time role with opportunities for professional growth and development.
- Why this job: Make a real impact from day one in a hands-on role within the finance sector.
- Qualifications: Bachelor’s degree in Finance or related field and 3 years of futures operations experience.
- Other info: Work in a start-up style environment with strong potential for career advancement.
The predicted salary is between 36000 - 60000 £ per year.
Join to apply for the Operations Officer, Futures role at CLSA. An exceptional opportunity to join a newly established Futures business in London at a formative stage and work directly with the Operations Futures team 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.
Key Areas of Responsibilities
- Partner with the Head of Operations and Operations Manager 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.
- 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.
- Identify and implement process improvements to simplify workflows and strengthen controls.
- Contribute to the ongoing development of the Futures Operations function and operating model.
Requirements
- Bachelor’s degree or higher in Finance, Accounting, or a related discipline.
- Minimum 3 years of futures operations experience covering clearing & reconciliations, physical delivery, margin control, option exercise/assignment, and regulatory reporting.
- Strong SME 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.
Seniority level: Associate
Employment type: Full-time
Job function: Finance
Operations Officer, Futures employer: CLSA
Contact Detail:
CLSA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operations Officer, Futures
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working at CLSA or in similar roles. A friendly chat can open doors and give you insights that might just set you apart from other candidates.
✨Tip Number 2
Prepare for the interview by diving deep into the specifics of futures operations. Brush up on LME and ICE Europe markets, and be ready to discuss how your experience aligns with the role. Show us you know your stuff!
✨Tip Number 3
Don’t just wait for the job to come to you! Apply through our website and make sure to follow up. A little persistence goes a long way, and it shows you’re genuinely interested in joining the team.
✨Tip Number 4
Be ready to showcase your problem-solving skills during the interview. Think of examples where you’ve improved processes or resolved issues in past roles. We love candidates who can think on their feet and bring fresh ideas to the table!
We think you need these skills to ace Operations Officer, Futures
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Operations Officer 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 excited about joining our newly established Futures business and how you can contribute from day one. Keep it engaging and relevant to the role.
Showcase Your Problem-Solving Skills: In your application, don’t forget to mention specific examples where you've tackled challenges in operational processes. We love candidates who can demonstrate a proactive, problem-solving mindset!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team!
How to prepare for a job interview at CLSA
✨Know Your Futures
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 understand the intricacies involved.
✨Showcase Your Problem-Solving Skills
Prepare examples from your past experience where you've tackled operational challenges or improved processes. Be ready to discuss how you approached these situations and what the outcomes were. This will demonstrate your proactive mindset and ability to adapt in a fast-paced environment.
✨Build Relationships
Since the role involves liaising with various stakeholders, think about how you can convey your relationship-building skills during the interview. Share instances where you've successfully collaborated with teams or external partners to resolve issues or streamline operations.
✨Be Detail-Oriented
Given the emphasis on accuracy in trade processing and reconciliations, highlight your attention to detail. You might want to prepare a few anecdotes that illustrate how your meticulous nature has benefited your previous employers, especially in high-stakes environments.