Senior Futures Operations Analyst

4 weeks ago


New York, New York, United States Phaxis Full time

Position Overview:
Phaxis is seeking a knowledgeable and skilled Senior Futures Clearance and Operations Specialist to enhance our Operations team. This role is pivotal in ensuring the smooth functioning of futures clearance processes.

Key Responsibilities:

  • Manage all futures clearance operations across prominent exchanges, including CME, CFTC, and CBT, as well as through our international FCM clearing partner.
  • Conduct thorough reconciliations, including point balance, customer segregated and secured cash balancing, and house account balancing.
  • Regularly reconcile, update, and adjust positions at the exchanges to maintain accuracy and compliance.
  • Ensure precise reporting by keeping the Futures Master in FIS GMI current.
  • Monitor and report on First Notice Day (FND) Long Trader positions quarterly.
  • Collaborate with the front office and our parent company to troubleshoot and resolve any issues related to clearance.
  • Possess a minimum of 5 years of experience in Options Clearance and general Operations, with a strong emphasis on futures clearance.

Compensation: Base Salary - $110,000-$120,000 based on experience.



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