Trade Operations Analyst

Posted 21 Days Ago
Easy Apply
Chicago, IL, USA
Hybrid
75K-100K Annually
Entry level
Fintech • Information Technology • Other • Software • Financial Services • Quantitative Trading
At Belvedere, we cultivate the best of trading by creating cutting-edge technology and forging unique paths in culture.
The Role
As a Trade Operations Analyst, you will support traders by managing middle-office tasks, performing position reconciliation, and analyzing trade issues using automation tools.
Summary Generated by Built In
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, 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

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, Build Rockets, 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 

Skills Required

  • Bachelor's Degree
  • Strong quantitative and communication skills
  • Proficiency in Excel and data analysis
  • Experience with Python, VBA, scripting, and SQL

What the Team is Saying

Sophia
Chris
Lisha
Jordan
Collin

Belvedere Trading Compensation & Benefits Highlights

  • Healthcare Strength Core medical, dental, and vision coverage alongside life and long‑term disability are presented as standard from day one, with interns also receiving medical coverage. Feedback suggests this breadth aligns with a comprehensive healthcare offering for a prop‑trading/fintech employer.
  • Leave & Time Off Breadth Language highlights generous or unlimited PTO, paid sick days and holidays, volunteer time, and a tenure‑linked sabbatical option. Feedback suggests employees can leverage meaningful time away supported by formal policies.
  • Parental & Family Support Offerings include parental leave, fertility benefits, a return‑to‑work program, an onsite Mother’s Room, and family medical leave. These programs point to tangible support for caregivers and growing families.

Belvedere Trading Insights

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The Company
HQ: Chicago, IL
265 Employees
Year Founded: 2002

What We Do

In March of 2002, Belvedere Trading emerged as Chicago’s newest market maker, soon to join the ranks of the Windy City’s elite proprietary trading firms. Armed with printouts of Excel workbooks and a team of eager minds, Belvedere established their place in the SPX pit on the floor of the Chicago Board Options Exchange. From the beginning, we have iteratively invested in our proprietary technology and made a commitment to building our software systems from the ground up. Due to our ultramodern proprietary technology and risk management capabilities, Belvedere is able to quickly capitalize on inefficiencies in the marketplace. Our trading models and software systems are continually re-engineered, optimized, and maintained to stay on top of the industry. Building and nurturing a strong culture is one of Belvedere’s highest priorities, and we are always looking for the best and brightest talent to help us in our continued success.

Why Work With Us

At Belvedere, our differences are what allow us to compete and succeed at the highest level. Our Culture Committee and Women’s Initiative elevate the voices of our teammates to further promote an inclusive workplace. It is our priority to foster a sense of community and belonging for each team member while supporting individual development.

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Belvedere Trading Offices

Hybrid Workspace

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

Typical time on-site: Flexible
HQChicago, IL
Boulder, Colorado
New York, New York
Singapore
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