At a Glance
- Tasks: Assist the Trade Processing team and ensure compliance with market regulations.
- Company: Join a Fortune-100 financial services provider with a global reach.
- Benefits: Hybrid work model, competitive salary, and opportunities for career advancement.
- Why this job: Make a real impact in global finance while developing your skills in a dynamic environment.
- Qualifications: 2+ years in operations with knowledge of Clearing House requirements.
- Other info: Fast-paced workplace with a focus on collaboration and innovation.
The predicted salary is between 50000 - 60000 £ per year.
Connecting clients to markets – and talent to opportunity. With 4,300 employees and over 400,000 retail and institutional clients from more than 80 offices spread across five continents, we’re a Fortune‑100, Nasdaq‑listed provider, connecting clients to the global markets – focusing on innovation, human connection, and providing world‑class products and services to all types of investors. At StoneX, we offer you the opportunity to be part of an institutional‑grade financial services network that connects companies, organizations, and investors to the global markets ecosystem. As a team member, you'll benefit from our unique blend of digital platforms, comprehensive clearing and execution services, personalized high‑touch support, and deep industry expertise. Elevate your career with us and make a significant impact in the world of global finance.
Responsibilities
- To provide assistance to the Trade Processing team, while working with the Reconciliation and Client Service departments.
- Follow and understand all internal procedures & comply with general FCA principles of business.
- Ensuring that the company is adhering to market regulation concerning Clearing functions.
- To provide knowledge, assistance and hands‑on experience for the following: Clearing and trade allocation for all markets, including but not limited to LME, EURONEXT, CME, CBOT, COMEX, NYMEX, ICE, EUREX, EEX, and FX.
- Liaising with the front office to ensure that trades are accurately cleared in an effective and timely manner.
- Executing top‑day offsets so that position maintenance requirements of the Clearing Houses are met.
- Working with the Client Services team to provide a high standard of output to customers.
- Working with the Derivatives Reconciliation team to ensure that reconciliations are accurate.
- Intraday monitoring of positions in delivery period or approaching expiry and liaising with the Deliveries team regarding those positions.
- Providing top‑day recaps to customers.
- Escalating issues that require management attention.
Qualifications
- 2+ years experience in operations with good knowledge of Clearing House requirements.
- Familiarity with industry‑standard derivatives platforms.
- Knowledge of XTP and its various modules preferred but not required.
- Trade flow knowledge from execution to settlement.
- Strong understanding of derivatives, including futures and options, as well as their associated lifecycle events.
- Working knowledge of the below systems would be desirable: Ion XTP, FFastFill Seals, Teo, Lisa, LME Smart, LME Mercury, ICE FEC, ICE ECS, CME Clearing Europe FEC+, Eurex & ECC C7, XTP, Euronext.
What will make you stand out
- Attention to detail and ability to handle multiple tasks in a fast‑paced environment.
- Effective communication and interpersonal skills, with the ability to build relationships and collaborate with various stakeholders across the business.
- Effective organisation and time management skills.
- Strong communication skills (written and oral).
- Effective planning, organisation and time management skills.
Working Environment
Hybrid (4 days in office per week)
Specialist - Trade Processing employer: StoneX Group Inc.
Contact Detail:
StoneX Group Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Specialist - Trade Processing
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at StoneX or similar firms. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of trade processing and clearing functions. Be ready to discuss your experience with derivatives and how you can contribute to the team at StoneX.
✨Tip Number 3
Showcase your attention to detail! During interviews, share examples of how you've successfully managed multiple tasks in fast-paced environments. This will highlight your ability to thrive in the role.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining the StoneX team.
We think you need these skills to ace Specialist - Trade Processing
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Specialist - Trade Processing role. Highlight your experience in operations and any knowledge of Clearing House requirements. We want to see how your skills align with what we do at StoneX!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a great fit. Don’t forget to mention your familiarity with industry-standard derivatives platforms!
Showcase Your Communication Skills: Since effective communication is key in this role, make sure your written application reflects that. Use clear and concise language, and don’t shy away from showing your personality – we love a bit of flair!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Let’s get you on board with us at StoneX!
How to prepare for a job interview at StoneX Group Inc.
✨Know Your Trade Processing Basics
Make sure you brush up on your knowledge of trade processing and clearing functions. Understand the lifecycle of derivatives, including futures and options, as well as the specific requirements of various Clearing Houses. This will show that you're not just familiar with the role but genuinely interested in the industry.
✨Familiarise Yourself with Relevant Systems
Get to grips with the systems mentioned in the job description, like Ion XTP and FFastFill Seals. Even if you haven't used them before, showing that you've done your homework and understand their purpose can impress your interviewers and demonstrate your proactive attitude.
✨Highlight Your Attention to Detail
In a fast-paced environment like trade processing, attention to detail is crucial. Prepare examples from your past experience where your meticulousness made a difference, whether it was catching an error or improving a process. This will help you stand out as a candidate who can handle the demands of the role.
✨Showcase Your Communication Skills
Effective communication is key in this role, especially when liaising with different teams. Be ready to discuss how you've successfully collaborated with others in previous positions. Use specific examples to illustrate your interpersonal skills and how they contributed to successful outcomes.