Operations Analyst

Role overview

This role sits within post-trade operations and supports either the transaction lifecycle or reconciliation activities across Futures & Options, FX, and CFDs. The work covers clearing, settlement, option expiry, static data upkeep, exchange reporting, and reconciliation of trades, positions, cash, and inter-system records where relevant. A strong emphasis is placed on efficient processing, identifying the true cause of issues, maintaining the right documentation, and working within an exception-led operating model to support high operational standards.

Key responsibilities

• Track the clearing workflow and resolve processing issues, making sure root-cause analysis is completed so the same problem does not repeat.
• Carry out reconciliation work for counterparties, regulatory submissions, and internal systems where needed, again ensuring issues are investigated and permanently addressed.
• Prepare and share reconciliation break reporting with management to support governance requirements.
• Handle exchange reporting, including Large Trader/CFTC submissions, and regulatory reporting such as MiFID and EMIR, while resolving any related exceptions.
• Support trade settlement activities, including option expiry, exercise, and assignment processes.
• Manage static data processes and keep records accurate and up to date.
• Maintain and develop reconciliation setups within the Duco platform.
• Take ownership of tasks that help automate work and reduce manual effort.
• Work closely with internal and external stakeholders to fix problems and maintain strong working relationships.
• Follow operational controls and procedures consistently.

Experience and requirements

• At least 2 years of operations experience in a brokerage environment.
• Working knowledge of transaction lifecycle management, including trade settlement, expiration, option exercise, and assignment.
• Solid understanding of reconciliation processes.
• Hands-on experience with regulatory reporting and exception handling, particularly for MiFID and EMIR.
• Exposure to static data management, including product and client records, and how that affects downstream regulatory and exchange reporting.
• Experience with exchange reporting such as CME or ICE Large Trader reporting.
• High level of accuracy and attention to detail.
• Ability to learn new systems and processes quickly.
• Self-starter who can interpret what is needed and adapt the role accordingly.
• Strong communication and collaboration skills across different stakeholder groups.
• Good analytical and problem-solving ability, with confidence to escalate issues appropriately.
• Investigative mindset and a willingness to question established approaches.

Nice to have

• Previous experience with XTP, Spectrum, Duco, or comparable post-trade and reconciliation tools.
• Project experience with strong organisational skills.