Commodities Middle Office Director

6 days ago


Houston, Texas, United States Hispanic Technology Executive Council Full time

Job Summary:

The Senior Manager of Commodities Operations will oversee the end-to-end management of the Commodities Middle Office team, ensuring seamless trade processing, risk management, and strategic project implementation. This role requires a strong analytical mindset, excellent communication skills, and the ability to work effectively in a fast-paced environment.

Key Responsibilities:

  • Trade Processing and Risk Management: Oversee the accurate capture and processing of trades, maintaining risk systems, and ensuring compliance with regulatory requirements.
  • Team Management: Lead and manage the Commodities Middle Office team, providing guidance, coaching, and development opportunities to ensure team members excel in their roles.
  • Process Improvement: Identify opportunities to enhance processes, improve client service, and reduce costs, implementing changes to drive business growth and efficiency.
  • Collaboration and Communication: Partner with Front Office, Structuring, Financial Control, Operations, and Technology teams to ensure seamless trade processing and risk management.
  • Analytical Support: Provide analytical support to Front Office Sales and Trading, acting as an advisor or coach to new or junior staff.
  • Documentation and Reporting: Maintain accurate position records, reconcile exchange positions, and develop business plans, policies, and procedures.
  • Regulatory Compliance: Ensure adherence to regulatory requirements, including SDR reporting, mid-marks, and ISDA protocol.
  • Market Risk Management: Report market risk for various trading portfolios and monitor relative to authorized limits on a daily basis.

Requirements:

  • Experience: 6-10 years of experience in a related role, preferably in commodities operations or a similar field.
  • Education: Bachelor's degree or equivalent experience.
  • Skills: Strong analytical, mathematical, and statistical skills, excellent communication and interpersonal skills, and the ability to work under pressure and manage to deadlines.

Job Family: Operations - Transaction Services

Job Family Group: Securities and Derivatives Processing

Time Type: Full time

Primary Location: Houston, Texas, United States



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