Future Operations Contractor – Clearing & Deliveries

e seeking a Future Operation Consultant for our client in Chicago, IL!

Location: Remote but must be local for onsite training and occasional in office meetings.

Overview: Futures Operations team supports a global clearing and delivery platform, clearing trades across 30+ exchanges and reconciling 70+ balancing sheets. Spans Clearing and Delivery and requires hands-on experience with exchange-cleared futures and options, delivery processing, and GMI. Clearing Operations covers trade capture, allocation, and reconciliation, while Deliveries Operations manages the post-trade lifecycle, including contract expiry and physical settlement.

Key Responsibilities

Clearing Operations

• Ensure all futures and options trades are cleared, allocated, and booked accurately in client accounts on trade date.
  
• Liaise with exchanges, brokers, and clients to resolve trade breaks, allocation issues, and exceptions.
  
• Process expiring options and maintain accurate static data in GMI and middle-office systems.
  

Deliveries Operations

• Oversee the full post-trade delivery process, from contract expiration to delivery notices and physical settlement across global exchanges.
  
• Track client delivery intentions and report risks in line with exchange rules and internal policies.
  
• Process customer instructions, including preparing stop orders and issuing invoices.
  

Regulatory & Exchange Interaction

• Respond to exchange and regulatory inquiries, maintaining knowledge of rules, timelines, and cut-offs.
  

Process & Controls

• Maintain up-to-date procedures, checklists, and contact lists.
  
• Partner with internal teams and external stakeholders to support daily operations.
  

Required Qualifications & Skills

• 5+ years of Futures & Options Operations experience across Clearing and Deliveries, with strong GMI knowledge and reconciliation skills.
  
• Knowledge of multiple exchange clearing and delivery platforms (e.g., LME, ICE, ECS, EUREX, EEX).
  
• Experience in a 24x6 global futures operations environment.
  
• Proficiency in Excel, Word, and Outlook.
  
• Strong attention to detail and follow-through on time-sensitive tasks.
  
• Understanding of exchange deadlines, contract expiry, and delivery processes.
  
• Strong communication skills with the ability to resolve issues effectively.
  
• Ability to escalate appropriately and manage competing priorities.
  
• Self-starter with integrity and a collaborative approach.
  

#FuturesOperations #ClearingAndDeliveries #GMI #Reconciliation #ExchangePlatforms #Derivatives #GlobalMarkets #24x6Operations #Excel #AttentionToDetail #TradeLifecycle #RegulatoryKnowledge #CommunicationSkills #TimeManagement #ProblemSolving #TeamPlayer