Trade Support Specialist

2 days ago


Chicago, Illinois, United States LHH Full time
Trade Support Analyst Job Description

LHH is seeking a skilled Trade Support Analyst to join our team in Chicago. We are partnering with a reputable banking client to add to their Exchange Trade Derivatives team. The ideal candidate will have a basic understanding of financial markets and derivative products.

Key Responsibilities:

  • Oversee the entire trade lifecycle, ensuring trades are captured, confirmed, settled, and reconciled in a timely and accurate manner.
  • Estimate the daily gain/loss on futures contracts (market-to-market).
  • Utilize trading systems and platforms, performing trade booking, and helping with system upgrades or testing new technologies.
  • Collaborate with Derivative Portfolio Managements and Derivative Trading teams to support end-to-end trade processing.
  • Perform authentication of new trades, settlement of collateral, and settlement of derivative payments.
  • Monitor market trends and changes in derivatives regulations.
  • Perform data management functions to ensure appropriate flow of data.

Requirements:

  • Bachelor's degree is required.
  • Two plus years of derivatives experience in a Banking environment is required.
  • Experience of using GMI back-office software is required.
  • Operations and financial services knowledge is required.
  • Advanced knowledge of Excel, PowerPoint, and Word.
  • Ability to work under pressure and to strict deadlines.
  • Able to execute day-to-day activities to a high standard, with analytical ability and attention to detail.

Benefits:

  • Medical, dental, vision, life insurance, short-term disability, additional voluntary benefits, EAP program, commuter benefits, and 401K plan.

Work Environment:

This is a hybrid role offering competitive compensation and professional development. The position type is Temporary-3 months, with a worksite type of Hybrid (1 day in office) and a location in the Loop. The rate is up to $48/hr.



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