128 applicants
Wedbush Securities · 2 days ago
Associate, Futures Operations
Chicago, IL
Full-time
Onsite
Entry Level
$48K/yr - $65K/yr
1+ years exp
Wonder how qualified you are to the job?
Maximize your interview chancesBankingConsulting
Insider Connection @Wedbush Securities
Responsibilities
Coordinate internal and external trade transfers, ensuring seamless execution and compliance
Conduct thorough trade checks and review LTD/FND products to uphold operational integrity
Ensure accurate reconciliation of exchange and carry broker positions and funds to XTP
Investigate and resolve client and trade inquiries in a timely manner, ensuring regulatory compliance and issue remediation
Serve as a primary interface with clients, exchanges, and broker firms regarding trade-related issues
Facilitate smooth and efficient physical delivery process of traded commodities such as corn, gold, lumber, and others
Facilitate block trades by properly allocating them to clients while ensuring regulatory reporting compliance
Acquire proficiency in the firm's systems to effectively execute operational tasks and support trading activities
Generate daily operational reports, conduct controls, and identify emerging risk trends for proactive management
Facilitate exchange and carry brokers' position close-outs as required
Manage executing broker trade allocations promptly and accurately
Perform other duties as required and assigned
Qualification
Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.
Required
Bachelor's degree from an accredited university required, preferably in Finance, Business, Economics or a related field
Strong financial analytical skills required with proficiency in quantitative analysis techniques
Proficient in Microsoft Office (Outlook, Word, PowerPoint) with strong Excel skills
Strong analytical, problem-solving and critical thinking skills with the ability to interpret complex data and make strategic decisions
Effective communication skills with the ability to communicate effectively across various departments and levels of the organization
Preferred
1 year minimum of experience in futures trading, portfolio management, or a related quantitative field preferred but not required
Working knowledge of trading platforms, order management systems, and market data providers highly preferred
Familiarity with futures markets, trading strategies, and risk management principles highly preferred
Experience with trading support preferred but not required
Familiarity with regulatory requirements and compliance standards in futures trading preferred but not required
Benefits
Comprehensive medical, dental, and vision coverage with multiple health plan options
Health Savings Account (HSA) with company-sponsored contributions
Flexible Spending Accounts (FSA) traditional and dependent care
Pre-Tax Commuter Benefits
401(k) Plan: competitive discretionary company matching and profit-sharing contributions
Tuition reimbursement ($5,250 max per year)
Paid Vacation, Sick Time, Holidays, Volunteer Time Off
Paid Leave: Parental Bonding, Jury Duty, Military, Disability, etc.
FINRA and Professional License Sponsorship
Charitable Donation Matching Contributions
Travel & Employee Assistance and Employee Discount Programs
Discretionary compensation based on the colleague's and the firm's performance
Company
Wedbush Securities
Wedbush Securities is a company providing banking and investment services for any individual, institution, or issuing client.
501-1,000 employees
Funding
Current Stage
Late StageLeadership Team
Andrew Hutcheson
SVP & Branch Manager
Craig Pirtle
SVP, Head of Business Development and Market Expansions
Recent News
MarketScreener
2024-05-26
2024-02-07
Company data provided by crunchbase
