Trade Operations Analyst

Belvedere Trading is a leading proprietary trading firm proudly headquartered in downtown Chicago. Our traders work hard to provide liquidity to the market through their market-making activities and are the masters of a diverse set of commodities, interest rates, exchange-traded funds (ETF), and equity index options. From the beginning, we began iteratively investing in our proprietary technology and committing to building our systems from the ground up. Our trading models and software systems are continually re-engineered, optimized, and maintained to stay on top of the industry.

Our Business department is comprised of several key teams who work to ensure that Belvedere is operating at the highest level. We look for passionate team members that excel and their contribution is critical to our continued success. Our Business Teams build and manage processes that strive to improve all facets of the company. Whether it’s human or financial capital, our goal is to drive productivity while enhancing Team Belvedere’s experience.

We are looking for a skillful Trade Operations Analyst to join our Trade Operations team within the Business Team. This individual will be exposed to our various trading operations and innovative proprietary software. Our Trading Operations Analysts thrive in a fast-paced and competitive environment where they engage in high-level interactions with all levels of management as well as contribute to various trading desk activities. This role offers the potential for increased responsibility in accounting, technology, and operations to continue the success of the firm. The ideal candidate for this role will take the lead on their own learning to grow and expand their ability.

The Trade Operations Team manages middle-office tasks in support of traders including real-time position reconciliation, trade confirmation, reporting, exercise and assignment notifications, brokerage tracking and reconciliation, and miscellaneous exchange-related inquiries. 

What you'll do

• Work alongside experienced traders and managing partners to gain an unparalleled knowledge of our proprietary systems. 
• Use scripts and queries to research and analyze reconciliation issues
• Identify and implement technology and process improvement opportunities 
• Assist with position management, trade checks, and order execution 
• Ensure that all trades have been reconciled appropriately 
• Review and reconcile invoices from brokers to ensure accuracy 
• Continuously communicate and coordinate with our technology teams 
• Brainstorm and produce or assist in the production of automation tools to increase firm efficiency and accuracy 
• Be an independent leader on projects that improve our trading operations management 
• Learn trading concepts and options theory taught in Belvedere’s extensive education program 

What you'll need

• Demonstrated strong quantitative and communication skills 
• Ability to automate and improve processes by applying technical tools such as Python, VBA, scripting, VB.net and SQL 
• Proficiency in Excel and data analysis.
• A desire to work in a fast-paced and challenging work environment with the understanding that hard work is rewarded 
• Master of multi-tasking during the trading day 
• The ability to be a team player and take direction from different teammates throughout the day
• Must be a self-motivated, quick learner who utilizes various technologies that evolve frequently 
• Bonus points if you have previous exposure to the financial industry 
• Bachelor’s Degree required, but we encourage winter 2024 graduates 

Women and underrepresented groups frequently apply to jobs only if they meet 100% of the qualifications. We encourage you to break that mold and apply. No candidate is perfect; all have a lot to offer. We welcome your application.

Core Values

The secret to our award-winning culture is our Core Values: Team Belvedere, Me In Team, Own It, Iterative Innovation, and Passionate Discourse. We live and breathe these values every day.

Our Stance

Belvedere is an Equal Opportunity Employer and is committed to providing a non-discriminatory employment environment for its employees. Discrimination against employees and applicants due to race, color, religion, sex, national origin, disability, age, military, and veteran status is prohibited. Belvedere encourages initiatives to increase diversity and provide equal opportunity to all applicants and employees. Belvedere is committed to providing a positive environment in which team members are treated with respect, dignity, and courtesy. Our firm believes in a dynamic culture of inclusion and diversity, where people thrive on individual and organizational characteristics, values, experiences, and backgrounds.

Please note that Belvedere Trading does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resumes will become the property of Team Belvedere. No phone calls, please.

Any questions regarding the virtual recruiting process, please reach out to [email protected].

Work Schedule: Regular and reliable attendance during standard business hours

Amount of Travel Required: None 

Sponsorship: Not available for this position