Clearing Operations Associate

Posted 6 Days Ago
Be an Early Applicant
Chicago, IL
In-Office
Junior
Financial Services
The Role
Oversee daily operations including trade reconciliation, settlements, and process optimization while ensuring internal and broker data alignment.
Summary Generated by Built In

The back office is the heart of operations, ensuring everything runs smoothly. You will oversee the core functionalities ensuring smooth day-to-day operations. Responsibilities include reconciling trades, managing settlements, and optimizing operational processes. You'll collaborate closely with various trading teams, gaining a broad view of the fund's activities. We increasingly leverage technology for automation and efficiency, and our back office becomes a hub for implementing, testing, and refining these technologies, making it exciting for those inclined towards fintech.

About Teza

Teza is a systematic quantitative hedge fund. Every day we translate complex mathematical concepts into financial strategies trading on the world’s largest markets with synergy between people and technology.

There’s nothing more important to us than collaborative research, uniting the brightest minds on the planet. With offices in six time zones, we never skip a beat – trading 24/7, with holding periods from milliseconds to months.

Location

Chicago, IL (Hybrid mode with 3 days in-office requirement), regular working hours

Key Responsibilities

  • Resolve prior day breaks including trade, dividend, position, fee, and cash discrepancies

  • Input daily accruals for stock loan and financing activities

  • Monitor automation and identify discrepancies between internal systems and broker data

  • Allocate time for process improvement projects and address unique issues as they arise

Basic Requirements

  • Solid understanding of futures, with a preference for knowledge about futures' fees and expirations

  • Experience with equity reconciliations and corporate actions is a plus

  • 2+ years of the industry experience

  • Experience with Enfusion or other Portfolio management software

  • Self-motivated individual with an inclination to ask questions and operate with minimal supervision

  • Proficient both in written and verbal communication

Nice To Have Requirements

  • Dedicated to ongoing self-improvement

What You’ll Get

  • Amazing work environment, and ability to grow professionally

  • Opportunity to learn from the seasoned industry professionals

  • Working in open-door collaborative culture

  • Gain insights into industry knowledge that isn't found in books or articles

What Makes You a Match

  • You are attentive to details

  • Data and numbers make you excited

  • Small details and continuous improvement make you excited

  • You are passionate about finance industry

Benefits

  • Health, life and disability insurance

  • Flexible sick time policy

  • Office lunch and snacks

What you’ll get:

  • On-site presence of experienced Quantitative Researchers and Portfolio Managers to learn from

  • A chance to explore the frontier of how AI can change quant research

  • Freedom to experiment while learning to build robust trading strategies

  • Professional guidance from experienced mentors

Benefits

  • Health, visual and dental insurance

  • Flexible sick time policy

Top Skills

Enfusion
Portfolio Management Software
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The Company
HQ: Austin, TX
79 Employees
Year Founded: 2009

What We Do

Teza Technologies is an innovative quantitative asset management firm founded in 2009 by high-frequency trading expert Misha Malyshev. Our multi-strategy, multi-PM platform is founded on microstructure data and signals. Quantitatively-informed digital assets strategies complement our core global futures and stat arb strategies. We pride ourselves on attracting and retaining top talent, developing strategies with a data-driven and science-backed methodology, and continuously innovating in pursuit of alpha for our clients. Our 70 employees are distributed across offices in Austin, New York, Chicago, and Shanghai.

phone: 312.768.1600
inquiries: [email protected]
candidates: [email protected]

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