Brokerage Operations Analyst

Overview

Connecting clients to markets – and talent to opportunity.With 5,400+ employees and over 80,000 institutional, commercial, and payments clients, we operate from more than 80 offices spread across six continents. As a Fortune 100, Nasdaq-listed provider, we connect clients to the global markets – focusing on innovation, human connection, and providing world-class products and services to all types of investors.Whether you want to forge a career connecting our retail clients to potential trading opportunities, or ingrain yourself in the world of institutional investing, StoneX Group is made up of four business segments that offer endless potential for progression and growth.

Business Segment Overview

Commercial: With boots on the ground authenticity at the heart of everything we do, our comprehensive array of commercial products and services enable you to work directly with our clients, across hedging, risk management, execution and clearing, OTC products, commodity finance and more.

Position Purpose: Ensuring accurate and efficient processing of payables and receivables associated with various business lines within StoneX Financial Ltd (“SFL”), including, but not limited to, exchange traded derivative give ups/ins, execution services as well as market intelligence.

Responsibilities

Primary duties will include: 

• Receivables: Monitor daily receivables associated with invoices raised by SFL, including, but not limited to, execution services as well as chargeable market intelligence provided to customers. Ensure correct allocation of received funds.
• Payables: Reconcile, and then instruct payment for, invoices received from counterparties related to clearing-only derivative transactions.
• Reconciliation: Reconcile both receivables accounts as well as accrual balances, identifying and addressing discrepancies in a timely manner.
• Collaboration: Collaborate with relevant internal teams, such as Trade Processing and Reconciliations, to resolve any issues related to both receivables and payables.
• Support: Assisting in responding to queries (internal and external) relating to both receivables and payables.
• Process Improvement: Support management in reviewing existing processes and controls and then assist in executing proposed recommendations.

Qualifications

To land this role you will need:

• 2-4 years’ experience in an operations role.
• Prior experience in a brokerage and derivatives setting preferred.
• Base level understanding of derivatives, including futures and options, as well as their associated lifecycle events.
• Knowledge of FIA Tech e-Recs preferred but not required.

What makes you stand out:  

• Attention to detail and ability to manage multiple tasks in a fast-paced environment.
• Effective communication and interpersonal skills, with the ability to build relationships and collaborate with various stakeholders across the business.
• Effective organizational and time management skills.
• Strong analytical skills with the ability to identify discrepancies and trends.
• Ability to think progressively and identify improvements in existing tasks and controls, as well as then executing on those recommendations.

Working environment:

           4 days' work from office

           Business hours will generally start from 11 AM - 12 Noon