LHH Recruitment Solutions is seeking an Senior Business Analyst for our client in Chicago, Illinois. Our client is a top tier Bank and the ideal candidate will have extensive experience in Capital Markets and ETD - Exchange- traded derivatives . Exchange-traded derivatives (ETDs) are financial contracts like futures and options that are standardized and traded on organized exchanges, offering benefits such as high liquidity, transparency, and reduced counterparty risk due to clearing houses acting as intermediaries. These contracts derive their value from an underlying asset, such as a stock, commodity, or currency, and are used by investors for hedging against price fluctuations or for speculation to profit from price changes. Description: 100% onsite during training eventually will allow hybrid schedule- Hours will vary based on the team you align with hours anywhere from 6am-7pm- manager will discuss hours and team during interview. Only submit candidates that are available between 6am-7pm.Degree required- Prefer Bachelors Degree. Required Skills:
- Understanding of Exchange Trade Derivatives and Future & Options
- Strong Analytics using Excel
- Experience at an Exchange or Bank
Preferred:
- Flexibility in adjusting to demand and challenges with the ability to work at a fast pace, high volume environment with tight deadlines
- Strong communication partnership and relationship building skills
Required Qualifications:
- Confident communicator who proactively identifies and raises risks and issues
- Flexible in adjusting to demands and challenges, with ability to work at a fast pace, in a high-volume environment and meet tight deadlines
- Experience and commitment to identify and drive improvements to existing processes.
- Strives to bring new thoughts and ideas to teams to drive innovation and unique solutions
- Instance credibility across the team bringing minimum 5 years of experience of Exchange Traded Derivatives Operations, with prior experience in either a clearing, or position lifecycle management team and knowledge of industry rules, regulations, and business practices
- Experience of using an Exchange Traded Derivatives clearing platform and / or Exchange GUIs
- Experience with GMI platform would be desirable but not essential
- Strong communication, partnership and relationship building skills
Desired Qualities:
- Candidate should be intellectually curious and understand what drives processes, with ability to assess risk, propose design of effective controls and implement to plan to streamline existing processes
- Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
- Excels in working among diverse viewpoints to determine the best path forward
- Experience in connecting with a diverse set of clients to understand future business needs - is a continuous learner
- Commitment to challenging the status quo and promoting positive change
- Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
- Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world
ETD Operations supports:
- Execution, clearing and allocation of trades and position transfers to the highest quality standards
- Futures and Options position life cycle management including option exercise and assignments, physical deliveries, expirations, last trade date monitoring, long date reporting, open interest adjustments and regulator inquires
- Daily Reconciliations and Exception Resolution, maintaining the integrity of the sub ledger for Listed and OTC Futures and Options product
- Non-Financial Regulatory Reporting to Futures Exchanges and Regulators
- Ensuring compliance with regulatory and industry mandates across 15 Legal Entities
- Production of reports and information required to comply with regulatory requirements and internal control policies
- Researching and resolving problems within the line of business
- Day-to-day analysis, research, and resolution of varied problems
Roles & Responsibilities of ETD Deliveries Team:
- Process option exercise and assignments, physical deliveries, expirations, last trade date monitoring, long date reporting, open interest adjustments
- Respond to regulatory inquires as raised (in partnership with OR&C, GCOR and Regulatory Relations
- Assist with improving controls associated with lifecycle event processing
- Assist with the development and automation of various metrics utilized for management reporting.
- Assist with various initiatives impacting the lifecycle event processing team
- Work with different teams to standardize processes and streamline functions
- Provide assistance to senior management with various initiatives and asks.
Pay Details: $48.43 per hour
Search managed by: Bert Baloga Benefit offerings available for our associates include medical, dental, vision, life insurance, short-term disability, additional voluntary benefits, EAP program, commuter benefits and a 401K plan. Our benefit offerings provide employees the flexibility to choose the type of coverage that meets their individual needs. In addition, our associates may be eligible for paid leave including Paid Sick Leave or any other paid leave required by Federal, State, or local law, as well as Holiday pay where applicable. Equal Opportunity Employer/Veterans/Disabled To read our Candidate Privacy Information Statement, which explains how we will use your information, please navigate to The Company will consider qualified applicants with arrest and conviction records in accordance with federal, state, and local laws and/or security clearance requirements, including, as applicable:
- The California Fair Chance Act
- Los Angeles City Fair Chance Ordinance
- Los Angeles County Fair Chance Ordinance for Employers
- San Francisco Fair Chance Ordinance
Massachusetts Candidates Only: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.