Clearing Associate

Jump Crypto

Jump Crypto

Shanghai, China
Posted on Oct 21, 2024

Jump Trading Group is committed to world class research. We empower exceptional talents in Mathematics, Physics, and Computer Science to seek scientific boundaries, push through them, and apply cutting edge research to global financial markets. Our culture is unique. Constant innovation requires fearlessness, creativity, intellectual honesty, and a relentless competitive streak. We believe in winning together and unlocking unique individual talent by incenting collaboration and mutual respect. At Jump, research outcomes drive more than superior risk adjusted returns. We design, develop, and deploy technologies that change our world, fund start-ups across industries, and partner with leading global research organizations and universities to solve problems.

Jump Trading established its dedication to the China market with the launch of our Shanghai office in late 2017 with the ambition of building an independently operational office. Due to this ambition, we are growing our competencies in Trading, Technology and Operations. We bring together the best of two worlds; A start-up environment powered by Global Jump Trading dedication and resources.

We are seeking to hire a candidate with strong financial operations, automation, and development skills to join our global Clearing team based in Asia. You will be part of a group that ensures the reliable flow of our trading activity between our various trading venues and clearing firms across the globe.


What You'll Do:

  • Contribute to the global clearing team by providing production support and handling reconciliations.
  • Work closely with other operations teams - risk, trade desk support and trading operations trades to coordinate activities and ensure seamless processing of transactions.
  • Reconcile discrepancies between internal records and external counterparties, resolving any issues promptly.
  • Liaise with exchange, brokers, custodians, and other financial institutions to confirm trade details and settlement instructions.
  • Learn Jump's in-house trading system and back-office system, and manages all new clearing processes as necessary
  • Handle trading session setups, trader ID configurations and accounts management.
  • Assist in the development and implementation of process improvements to enhance operational efficiency and reduce risk.
  • Stay informed about changes in market practices, regulatory requirements, and industry trends affecting clearing operations.
  • Participate in audits and regulatory examinations, providing documentation and explanations as needed.
  • Participate in new business onboarding including new broker, new product and new venues.
  • Other duties as assigned or needed

Skills You’ll Need:

  • Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
  • At least 3 years of experience in clearing, settlement, or related financial operations.
  • Strong understanding of securities markets, financial instruments, and trade lifecycle.
  • Knowledge of clearing/settlements procedures, exchange systems, future expiration and deliveries
  • Display strong attention to detail and maintain accuracy while processing large volumes of work under strict time constraint
  • Excellent organizational skills with the ability to exercise good judgment and pro-active decision-making skills both independently and collaboratively with team members, peers and management in a dynamic environment with changing priorities
  • Strong communication and interpersonal skills, with the ability to work effectively in a team environment.
  • Proficiency in Microsoft Office Suite, especially Excel.
  • Ability to manage multiple tasks and meet tight deadlines in a fast-paced environment.
  • Willing to work on public holidays within global clearing team.
  • Reliable and predictable availability