WSN is hiring a Futures Clearing Associate to join our global investment banking client in Chicago, on a contract/consulting basis.

Overview: Futures Division clears 30 Exchange globally and reconciles over 70+ balancing sheets. Clearing team is responsible for managing all clients and executing brokers cleared trades and requires a strong and motivated individual to perform top day clearing functions.

Key Responsibilities

• Ensure trades are cleared, allocated, and booked correctly on the trade date.
• Liaise with Exchanges, Carry Brokers, and clients on trade issues and exceptions.
• Perform position maintenance, closeouts, and static data management in GMI & LISA.
• Conduct checks for offsets, reconciliations using DUCO, and settlement prices prior to end-of-day processing.
• Handle position transfers (internal/external) and expiring options.
• Collaborate with internal teams (Balancers, Client Service, Deliveries).
• Maintain updated procedures, checklists, and contact lists.
• Promptly respond to Exchange and Regulatory inquiries.
• The schedule is 12 PM – 8 PM to accommodate the team’s end-of-day processes at 8 PM.
• On-Site and Remote Requirements: Training will take place in-office, but remote work is available after training for those who perform well.

Experience Requirements

• 3-10+years of relevant experience
• Hands-on experience from the broker’s perspective, rather than solely from the client-side.
• Proficiency in GMI and familiarity with exchange clearing systems (e.g., ICE FEC, ECS, EUREX).
• Strong Excel, Word, and Outlook skills.
• Familiarity with LISA system
• Proven ability to identify inefficiencies and improve processes.
• Strong communication and time management skills.