Clearing Operations Analyst

13 Minutes ago • All levels • Operations

Job Summary

Job Description

Interactive Brokers (IBKR) is seeking an Operations Analyst for their Clearing Department. This department handles critical post-trade functions for global equities, derivatives, commodities, fixed-income, forex, and other investment securities. Responsibilities include electronic trade and position reconciliation, inventory management, settlement operations, and client account transfers. The role involves operating and contributing to the development of IBKR's proprietary clearing and back-office systems to improve operational efficiency and risk mitigation. The analyst will be involved in trade and position reconciliations, post-trade settlement processing, corporate action and dividend event reconciliation, and oversight of derivatives settlement and expiry processing, with a focus on the Japanese market and IBKR’s Japanese client base.
Must have:
  • Bachelor's degree in finance, economics or mathematics
  • Strong problem-solving and analytical skills
  • Exceptional attention to detail and accuracy
  • Excellent written and verbal communication skills in English
  • Strong computer skills and MS Office competency
Perks:
  • Competitive Salary, annual performance-based bonus and stock grant
  • Social Security / Insurance benefits
  • Competitive package of Annual Leave
  • Daily lunch ordered in-house with a fully stocked kitchen
  • Modern offices with excellent access to the metro
  • Great work-life balance
  • Exposure to global financial products, markets and clientele
  • Opportunities for career progression and job scope expansion
  • Hybrid work arrangement

Job Details

Company Overview

Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technology and client commitment.

IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds and introducing brokers. Our advanced technology, competitive pricing, and global market help our clients to make the most of their investments.

Barron's has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi-national team and be a part of a company that simplifies and enhances financial opportunities using state-of-the-art technology.

Brokerage Operations – Equities, Derivatives and Fixed-Income

Description

Interactive Brokers (“IBKR”) is seeking an Operations Analyst to join our Clearing Department. The Clearing Department is responsible for critical post-trade functions for global equities, derivatives, commodities, fixed-income, forex and other investment securities. These functions include electronic trade and position reconciliation, inventory management, settlement operations and client account transfers. Given IBKR’s global footprint, breadth of product offering, and passion for technology and automation, the Clearing Department presents a unique opportunity to learn many facets of the brokerage business and offers the candidate exciting potential for growth. 

IBKR has developed state-of-the-art proprietary clearing and back-office systems. In this role, you will operate these ever-evolving systems to solve interesting and unique problems in a fast-paced and collaborative environment. The ideal candidate will also be challenged to contribute to developing these systems to achieve higher operational efficiency, risk mitigation, and/or support new business or investment products. If you are enthusiastic about the financial markets, enjoy problem solving, working with sophisticated computer systems and their developers, and want to be a difference maker in a growing company, we welcome your application. 

Responsibilities

  • Trade and position reconciliations.
  • Post-trade settlement processing.
  • Reconciling and processing corporate action and dividend events.
  • Oversight of derivatives settlement and expiry processing.
  • Coverage includes the Japanese market and IBKR’s Japanese client base activity in global markets.

Qualifications and Skills

  • Bachelor’s degree in finance, economics or mathematics preferred.
  • Strong problem-solving and analytical skills
  • Exceptional attention to detail and the drive to efficiently maintain accuracy in a fast-paced environment
  • Excellent written and verbal communication skills in English.
  • Strong computer skills and competency with MS Office products preferred

Company Benefits & Perks

  • Competitive Salary, annual performance-based bonus and stock grant
  • Social Security / Insurance benefits
  • Competitive package of Annual Leave
  • Daily lunch ordered in-house with a fully stocked kitchen
  • Modern offices with excellent access to the metro
  • Great work-life balance
  • Unique opportunity to gain exposure to global financial products, markets and clientele
  • Opportunities for career progression and job scope expansion in a global company with a growing local presence
  • A hybrid work arrangement role permitting

 

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About The Company

Interactive Brokers Group, Inc. (NASDAQ: "IBKR") is a direct access electronic broker catering to the needs of professional and frequent traders, institutional investors, financial advisers, and introducing brokers. For over 40 years, Interactive Brokers has been the pioneer of the electronic trading revolution. We rapidly scaled from a small U.S. options market-maker into a sizable global trading firm by leveraging the power of technology and automation. We are committed to delivering value through technological innovation and providing our clients with unprecedented access to global markets at the lowest cost.

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