Associate, Fixed Income Processing Officer

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Chicago, IL
Hybrid
1-3 Years Experience
Information Technology • Professional Services • Financial Services
Leading the Way to Safe and Transparent Markets Globally
The Role

About ABN AMRO Clearing USA LLC
ABN AMRO Clearing USA LLC (AAC-USA) is a subsidiary of ABN AMRO Clearing Bank N.V. We are a global clearing firm that provides an integrated suite of financial services to professional trading participants in the global financial market.
The core service offering consists of clearing, execution, stock borrowing and lending, settlement. AAC-USA has a Global Reach through direct and indirect clearing memberships to over 90 of the world's leading exchanges. Our international network provides comprehensive market access to exchange-listed instruments such as stocks, futures, and options. ABN AMRO Clearing USA LLC-Member FINRA, NFA, FIA and SIPC.
Job Overview
The Fixed Income Processing Officer is responsible for operational and administrative processes, delivering complex assignments, inspecting processes, and recording any bottlenecks in systems or the client journey as it relates to Fixed Income Trading. The Processing Officer identifies improvements aimed to enhancing the quality of the clearing operations service and participates in the implementation of the selected solution.
Job Responsibilities

  • Resolves trade and cash breaks related to Fixed Income trading, clearance and settlement
  • Supervise and assist with daily tasks related to client queries, internal and external stakeholders along with any non-standard request in a professional manner
  • Strong attention to details while reviewing client instructions, amendments, and corrections across the life cycle of a futures, option and/or equity trade
  • Adjusts to demands and challenges while working to meet deadlines
  • Identifies and recommends areas of improvement to reduce operational risk
  • Develops and assesses improvement proposals to optimize efficiencies
  • Researches and investigates new product offerings for clients
  • Write work instructions and/or process descriptions to ensure knowledge share across teams


Basic Qualifications

  • 2+ years' experience and knowledge with the processing of equity, options and/or futures clearing.
  • Bachelor's degree in finance, economics, or a related field
  • Demonstrate strong confidence in abilities and knowledge of products.
  • Ability to work within tight timelines.
  • Self-starter with strong desire to make processes more efficient.
  • Intellectually curious and understand what drives revenue, risk and implements a plan to streamline existing processes.
  • Excellent customer service, communication, and organizational skills.
  • Ability to work in a team environment along with leading by example.
  • Strong work ethic and emphasis on attention to detail
  • Proficiency in MS Office (Word, Excel, PowerPoint)


Preferred Qualifications

  • Experience with Exchange / Clearing systems: (CME Portal, OCC Portal, ICE Portal, DTCC, etc.). Experience with FICC and Bank of NY a plus.
  • Experience with SEC, FINRA, CME and OCC rules and regulations.
  • Strong communication skills; written and verbal.


Perks and Benefits
As a global leader in financial services, we rely on the strengths of our employees to deliver their best work for our clients. We invest back in our employees by offering a host of benefits and perks.

  • Competitive health benefit offerings, including choice of three medical plans through BCBS-IL, dental, vision and flexible spending accounts
  • Complimentary annual membership to One Medical as well as an EAP
  • Robust 401(k) Plan with a generous match and vesting schedule
  • Use it or lose it pre-tax commuter benefits, corporate Divvy memberships and employer paid benefits such as term life and AD&D and disability insurance
  • Generous paid time off, sick days, a robust holiday schedule and parental leave plans.
  • Monthly wellness subsidy used towards wellness activities
  • Flexible hybrid work schedules
  • Open communication including regular Town Hall meetings with the Management Team
  • Forward-thinking, culture-based organization with collaborative teams that promote diversity, equity and inclusion
  • Free coffee & tea and "bagel Wednesday"
  • Employee-led Social and Philanthropy Committee to bring awareness and fun to the employees
  • Awesome office space with a large kitchen/meeting gathering area - including a foosball and ping pong table
  • Private, well-equipped Mother's room
  • Office is conveniently located in the Chicago Loop Financial District - close to CTA and Metra
  • Well maintained building (an architectural "masterpiece") and a part of Chicago history - also includes a robust business center with a café, game-room and a shared rooftop terrace with green space


This information is intended as a summary of potential benefits only. Eligibility for the plans and programs listed here depends on the nature of employment, length of service and other factors. Actual coverage is governed by supporting summary plan descriptions and related policies.
ABN AMRO Clearing USA (AAC-USA) is proud to be an equal opportunity employer. AAC-USA celebrates diversity and does not discriminate on the basis of actual or perceived race, creed, color, religion, alienage or national origin, ancestry, citizenship status, age, disability or handicap, sex, marital status, veteran status, sexual orientation, status as a victim of domestic violence, sex offenses or stalking, genetic predisposition or carrier status, gender identity or expression, or any other characteristic protected by applicable federal, state or local laws. We cultivate a culture of inclusion for all employees that respects individual strengths, views and experiences. We believe that our differences enable us to be a better and stronger team - one that makes better decisions and delivers better business results. Additionally, AAC-USA participates in the E-Verify program in the US.

What the Team is Saying

Jeff
Chris Martin
The Company
HQ: Chicago, IL
215 Employees
Hybrid Workplace
Year Founded: 1997

What We Do

ABN AMRO Clearing USA LLC (AAC-USA) is a subsidiary of ABN AMRO Clearing Bank N.V. We are a global clearing firm that provides an integrated suite of financial services to professional trading participants in the global financial market.

The core service offering consists of clearing, execution, stock borrowing and lending, settlement. AAC-USA has a Global Reach through direct and indirect clearing memberships to over 90 of the world’s leading exchanges. Our international network provides comprehensive market access to exchange-listed instruments such as stocks, futures, and options. ABN AMRO Clearing USA LLC-Member FINRA, NFA, FIA and SIPC.

Why Work With Us

AAC-USA offers an unparalleled opportunity to work at an international level. We offer a diverse and inclusive environment that empowers people to make a real difference. For our clients as well as for themselves. We are dedicated to invest in the development of our employees, both professionally and personally.

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ABN AMRO Clearing USA LLC Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

AAC-USA allows employees to work a flexible hybrid work schedule, generally a minimum of three days per week onsite, unless business dictates otherwise.

Typical time on-site: 3 days a week
HQChicago, IL
175 W Jackson is a well-maintained architectural masterpiece and a part of Chicago history. We are conveniently located in the Chicago Loop Financial District – close to both CTA and Metra and steps away from Millennium Park, State Street and the West Loop.

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