Trade Analyst

job
  • Tailored Management
Job Summary
Location
Chicago ,IL
Job Type
Contract
Visa
Any Valid Visa
Salary
PayRate
Qualification
BCA
Experience
2Years - 10Years
Posted
01 Dec 2024
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Job Description

This is your opportunity to join a multinational investment bank and financial services holding company whose investment banking and auxiliary sectors serve 56 million US consumers and small business relationships with a global footprint!


Trade Analyst - Hybrid!

Position : Trade Analyst

Location : 540 West Madison St., Chicago, IL 60661

Setting : Hybrid (Onsite day one)

Schedule : Full-time, Monday to Friday, standard business hours

Pay Rate : $48.44/hr

Start Date : ASAP, pending onboarding completion

Contract : 1-month contract-to-hire with potential for extension or conversion based on performance, attendance, and business needs

Benefits : Access to health benefits


Position Overview

We are seeking a skilled Trade Analyst with a background in Exchange Traded Derivatives (ETD) and experience in GMI Backoffice systems to join our team in Chicago. This role requires someone who can accurately and efficiently process client instructions, amendments, and corrections throughout the lifecycle of futures and options trades. The Trade Analyst will support execution desks and client services, ensuring accurate and timely responses to client inquiries. Strong analytical skills, a keen understanding of financial markets, and proficiency in Excel, PowerPoint, and Visio are essential.


Key Responsibilities

  • Trade Processing & Position Management : Process client instructions, amendments, and corrections across the lifecycle of futures and options trades with precision and adherence to deadlines.
  • Client Interaction : Collaborate with Execution Desks and Client Services teams to address client queries professionally and in a timely manner.
  • Risk Reduction & Process Improvement : Work with team members to identify and implement risk-reduction strategies and operational improvements.
  • Process Improvement Initiatives : Propose and contribute to process enhancements, supporting a pipeline of changes across ETD and prioritizing projects for funding.
  • Risk & Performance Metrics : Assist in developing and automating metrics to track risk and performance, enhancing overall operational efficiency.
  • User Acceptance Testing (UAT) : Participate in UAT and report on key program changes to ensure successful implementation.
  • Subject Matter Expertise : Provide expertise and support for ad hoc projects within the change management book of work.


Required Skills

  • Experience : GMI Backoffice experience required; experience at an exchange or within another bank is preferred.
  • Industry Knowledge : Understanding of Exchange Traded Derivatives, futures, and options, with familiarity in terms such as FCM, R&N, clearing, CME, CBT, OCC, ICE US, CBOE, and top day adjustments.
  • Technical Proficiency : Advanced knowledge of Microsoft Excel, PowerPoint, and Visio, with the ability to create process flowcharts and presentations.
  • Education : Bachelor’s degree required.


Preferred Skills

  • Communication & Relationship Building : Strong communication skills with the ability to collaborate effectively with various stakeholders and build productive partnerships.
  • Adaptability : Able to adjust to demands and challenges in a fast-paced, high-volume environment with tight deadlines.
  • Critical Thinking & Problem Solving : Demonstrates critical thinking, problem-solving abilities, and a collaborative approach, essential for success in a dynamic trading environment.

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