DRW

Operations Analyst

DRW$90K — $135K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Strong attention to detail and organizational skills
  • Experience in settlements and trading reconciliation; cryptoassets preferred
  • Proficient in Excel; VBA and programming skills for automation preferred
  • Background in money transfers/wires and banking platforms
  • Understanding of financial product clearing and settlement processes
  • Experienced in high-pressure environments
  • Ability to work independently and autonomously
  • Willingness to support in off hours for 24/7 continuity
  • Demonstrated analytical and problem-solving skills
  • Bachelor's degree

Responsibilities

  • Support daily operations of the cryptoasset trading business
  • Optimize reconciliation and post-trade settlement procedures
  • Monitor pending settlements, liaising to reduce settlement risk
  • Collaborate with cash management to maintain optimal reserves
  • Identify process improvement and automation opportunities
  • Automate operational processes and analyze large data sets
  • Respond to counterparty inquiries and provide settlement information

Benefits

  • Comprehensive group medical, pharmacy, dental, and vision insurance
  • 401k with discretionary employer match
  • Short and long-term disability insurance
  • Life and AD&D insurance
  • Health savings accounts and flexible spending accounts
Full Job Description
As an Operations Analyst in our Chicago office, you'll help manage the day-to-day operations of our cryptoasset trading business. You will work closely with a variety of internal teams and external counterparties and exchanges to efficiently manage daily workflows and continually refine operational procedures.

What you'll do:
  • Provide operational support for cryptoasset trading business, with an emphasis on optimizing reconciliation and post-trade settlement procedures
  • Monitor pending settlements and liaise with counterparties and exchanges as needed to reduce settlement risk
  • Collaborate with internal cash management and operations teams to maintain optimal cash reserves for settlements and platform funding
  • Identify opportunities for process improvement, technology upgrades and automation
  • Utilize technology skills (Excel, VBA, Python or other programming background) to automate operational processes and perform analysis on large data sets
  • Provide timely response to counterparty inquiries and requests for settlement information
  • Provide additional administrative support to the team as needed

What we're looking for:
  • Very strong attention to detail and excellent organizational skills
  • Prior settlements and/or trading reconciliation experience; previous experience with Cryptoassets preferred
  • Proficiency in Excel (VBA experience a big plus); previous experience working with other tools and/or programming languages for automation and process improvement also highly preferred
  • Experience dealing with money transfers/wires and banking platforms with an ability to understand and minimize costs related to overnight funding
  • Solid understanding of financial product clearing and settlement processes
  • Previous experience working in fast-paced, high-pressure environment
  • High sense of urgency and dedication to efficiency
  • Demonstrated ability to work independently and complete assigned tasks and projects autonomously
  • Ability to provide support in off hours, as needed, to ensure operational continuity in a 24/7 business
  • Proven analytical and problem-solving skills
  • Bachelor's degree

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

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About DRW

DRW is a financial trading firm that specializes in derivatives trading. The company was founded in 1992 by Don Wilson and has since grown to have offices in Chicago, London, Montreal, New York, and Singapore. DRW trades a variety of financial instruments, including futures, options, and cryptocurrencies. The company is known for its quantitative trading strategies and has developed a number of proprietary trading systems. DRW is also involved in venture capital and has invested in a number of technology startups.
Learn more about DRW
Size
1,000 employees
Industry
Founded
1992

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