Operations Analyst at Squarepoint Capital (Houston, TX)
Squarepoint Capital· Houston, TX·
Job description
Position Overview:
Primary focus will be on Commodities within the Operations team, who are responsible for trade capture, trade confirmations, settlements, reconciliations and position life-cycle events within the firm.
- Manage all aspects of a growing physical and derivative Commodities business, including trade validation, maintenance, affirmation, settlement and reconciliation.
- Validate process and settle all periodic events to ensure the integrity of the entire trade life cycle.
- Perform position and cash reconciliations
- Perform trade affirmation in multiple systems (depending on asset type) with counterparties to minimize risk.
- Monitoring T+0 trade capture exceptions.
- Processing option assignments and expiries.
- Onboarding new trading counterparties and exchanges
Required Qualifications:
- 3+ years in Commodities middle-office / trade support experience covering trade processing, collateral, confirmations, settlements, cash, position and trade reconciliations.
- Demonstrate proficiency in all types of Commodities, including:
- Futures and Options on exchange (LME, CME, SHFE, SGX)
- Future lookalike (swaps) and other OTC products
- OTC products traded bilaterally with physical players
- Paper-like physical ownership such as Warrants, Pool Accounts, Carbon Certificates etc
- Physical ownership of Commodities (off-warrant)
- Demonstrate proficiency in all calculations used to support any products in your asset class coverage.
- Understand the importance of our team concept. Establish long-lasting organizational relationships that will foster a productive work environment.
- Demonstrate proficiency in written and oral communication skills.
- Working on system and process improvements, and new business initiatives.
- Understand the relevant technology and applications that are required to excel in the role.
Why work at Squarepoint Capital
- Culture: Collaboration across teams, a flat structure with a strong sense of ownership and accountability, and a focus on intellectual curiosity.
- Work environment: In-office for most roles (offices in New York, Boston, London, Paris, Singapore, Bangalore, etc.). Some roles offer a remote work program, but the majority require physical presence.
- Benefits: Generous parental leave, health insurance (medical, dental, vision), 401(K) matching, disability and life insurance, paid sick days, generous PTO, paid volunteer time, free snacks and drinks. Offices are designed for in-person collaboration.
- Engineering culture: Technology is considered core to the business; engineers work closely with quantitative researchers to build and optimize trading systems. Emphasis on C++, Python, Kubernetes, and low-latency systems.
- Growth trajectory: Rapid headcount growth and a global footprint offer opportunities for career advancement and international mobility.