Operations Program Manager

Futures Operations ManagerThe Futures Clearing Operations Manager is responsible for overseeing all clearing and settlement activities for US futures transactions, ensuring compliance with regulatory requirements, mitigating risk, and optimizing operational efficiency. This role requires knowledge of futures clearing processes, margining, risk, reconciliation, and exchange regulations, particularly within U.S. markets.Office Location: Jersey City, NJ or Dallas, TX or RemoteWhat You'll Do:Clearing & Settlement: Manage the daily clearing and settlement of futures trades, ensuring accurate and timely processing through the firm's clearing relationships and exchange systems i.e. CME group and its affiliated exchanges.Margin & Collateral Management: Monitor margin requirements, process margin calls, and manage collateral movements as well as daily net settlements in accordance with exchange and regulatory guidelines. Maintain segregated balance requirements for affiliates and manage treasury related operations.Reconciliation/Balancing: Oversee trade, position, and cash reconciliations with exchanges and internal systems to identify and resolve discrepancies. Manage daily balancing of futures activity and positions.Regulatory Compliance: Ensure all clearing operations adhere to regulations set by the CFTC, NFA, and relevant exchanges (e.g., CME). Prepare regulatory reports and audits as required. Assist compliance with regulatory inquiries and requests related to relevant clearing systems/portals as well as operations procedures, functions, and processes.Risk Management: Identify operational risks and implement controls to mitigate potential issues related to risk management, clearing, margining, and settlement.Process Improvement: Develop comprehensive operating procedures and continuously evaluate and enhance clearing workflows to improve efficiency, accuracy, and automation.Technology & Systems: Work with IT and vendors to onboard, maintain and improve back-office and risk management systems.Client & Counterparty Management: Serve as the primary liaison with exchanges, management, vendors, and clients to resolve operational issues.Team Leadership: Lead, manage, and train clearing operations staff, providing training and guidance on best practices as well as processes/functions.Policies & Procedures: Responsible for creating and updating comprehensive policies and procedures for all aspects of futures trading, clearing and settlement.