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Senior Associate - GTO Middle Office - PnL & Valuation

$110k - $125k

P2P

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 a Senior Associate - GTO Middle Office - PnL & Valuation , you will join our Global Trading Operations team and provide dedicated support to DRW’s trading desks. Primary responsibilities will include reconciliation, profit-and-loss calculation and analysis, which require communication with both front office traders and back-office colleagues, as well as with senior management in both departments. Highly effective communication skills are critical as you will also have regular, direct interaction with a variety of other teams across the firm, including risk management, technology, and the firm’s partnership. The ability to work in a stressful environment while maintaining a high degree of professionalism is paramount. What you’ll do in this role: Provide ownership for and mastery of the processes and workflows needed to support standard operational functions of the firm’s trading desks Daily P&L calculation and substantiation: while supporting each desk’s preferred method of aggregating and reporting P&L, ensure that such workflow conforms to and integrates with DRW’s standards Gain mastery of the firm’s proprietary and third-party trade capture, inventory management, and P&L reporting systems necessary to support the desks’ activity Act as process super-user for current workflows and systems, resolving issues that may arise between internal groups at DRW and multiple external exchanges, clearers, and counterparties; provide critical support and advice regarding needed enhancements to technology, workflows, and processes Develop strong understanding of traders’ individual risk management tools and support of related traders’ needs Upgrade and support traders’ tools to take advantage of technologies and tools that are firm standard Liaise with technical personnel to secure proper support/coverage for ongoing operations and implement enhanced workflows, with a focus on process efficiency, risk reduction, and alignment with DRW standards Work closely with Business Liaison team to assure new desks, traders, and products are on-boarded correctly You’ll be right at home if you have: 3+ years of experience in middle or back office with strong knowledge and expertise in derivative valuations The ability to navigate and analyze P&L across various asset types Prior interaction with front office and senior management teams in an active trading environment preferred Ability to work with databases, and utilize data from APIs preferred Strong MS Excel skills, including VBA experience Python coding skills preferred but not required Bachelor’s degree in finance, economics or material equivalent exposure Demonstrated ability to independently and quickly solve problems Able to perform repeatable tasks with consistent results Able to handle sensitive financial data appropriately The annual base salary range for this position is $110,000 to $125,000 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. #J-18808-Ljbffr P2P

Vacancy posted 4 days ago
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