Operations Analyst
Cumberland
DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.
Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.
We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters–it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.
As an Operations Analyst, you will support trading activities across various asset classes, ensuring efficient management of daily workflows and refining operational procedures. This role involves regular interaction with numerous teams, including finance, technology, operations, and the front office. Key responsibilities include reconciliation, trade capture, profit-and-loss calculation, reporting, and operational support.
Responsibilities:
- Provide support in trade capture for all related products with an emphasis on Softs, Grains, Livestock, Gas and Power.
- Serve as a point of contact for desks, providing updates on trade status, resolving inquiries, and addressing any trade-related issues.
- Prepare and distribute regular reports on trading activities, positions, balances, and other relevant metrics to stakeholders.
- Manage trade activities, including exercises, assignments, contras, position transfers, and currency conversions with an emphasis on events pertaining to listed futures and options.
- Perform detailed trade, position, and valuation reconciliations to ensure accuracy across internal systems and clearinghouses.
- Research and design analytical tools for integration into daily procedures.
- Collaborate with internal teams, including cash management, desk accounting, and operations, for timely and accurate settlements.
- Provide experienced direction and support across product classes.
- Liaise with counterparties and exchanges to optimize configurations and workflows while reducing risks.
- Handle operational and administrative support as needed, including off-hour support for 24/7 business continuity.
What We’re Looking For:
- Two or more years of experience in detail-oriented roles within financial markets, especially in front office, middle office, back office, or risk management.
- Experience with various financial products like futures, equities, FX, bonds, and cryptocurrencies.
- Strong proficiency in MS Excel and experience with SQL, VBA and Python.
- Bachelor’s degree in finance, accounting, economics, or a quantitative field.
- Strong customer service and communication skills.
- Ability to work both independently and collaboratively.
- Proven problem-solving capabilities and process improvement initiatives.
- Ability to anticipate downstream impacts and understand the broader picture.
- Highly adaptable and able to work with limited direction and guidance.
- Independently navigate challenges, make informed decisions, and drive projects forward.
- Willingness to work rotational or early shifts.
The annual base salary range for this position is $90,000 to $135,000 depending on the candidate’s experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus. In addition, DRW offers a comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts.
For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice.
California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.
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