Commodity Clearing and Settlements Manager – Risk

Summary:

The Commodity Clearing and Settlements Manager leads the team responsible for reporting, monitoring, reconciliation, and margin management for the company’s futures, forwards, swaps, and options. This hands-on role operates in a fast-paced environment and is accountable for maintaining accurate trade data, ensuring alignment between trading desk and back-office systems, and supporting the efficient use of company capital. The position oversees derivative trading activity across commodity exchanges in China, Singapore, London, and Chicago, as well as OTC bullion markets in London, and works directly with a variety of brokers. The ideal candidate brings strong middle-office experience in commodity derivatives within a trading organization and can quickly identify and resolve issues in a dynamic environment.

Responsibilities:

• Ensure daily alignment between trading system and brokers; resolve trade breaks promptly
• Agree trade settlements and provide back-office support for accurate record keeping
• Analyze collateral and margins posted to brokers to devise and action efficient transfers and reallocations
• Agree daily margin calls, ensuring no overcollateralization occurs
• End of day margin call forecasting based on daily MTM and trading activity
• Coordinate with Treasury and finance departments to allocate hedges into TPA accounts with banks
• Manage relationships with clearing brokers
• Performs other related duties as necessary or assigned

Required Skills/Abilities:

• Bachelor’s Degree in Business, Finance, Economics or equivalent preferred
• Proficient in Microsoft Office Suite with advanced Excel skills
• Experience with commodity trading and derivative products
• Strong organizational, communication and presentation skills required
• Proven leadership ability, dedication, and commitment a must
• Ability to work in office Monday through Friday

Employee Programs & Benefits:

• Comprehensive medical, dental, vision, and life insurance benefits
• Commuter benefits
• Flexible Spending Accounts
• Health Saving Account
• 401(k) plan with company match
• Short- and long-term disability
• Tuition reimbursement
• Paid time off for vacation, personal, and sick time

We are an equal-opportunity employer. Our teams consist of professionals with diverse backgrounds and skill sets, all of which contribute to the efficacy and profitability of our operations. We take pride in our contributions in aiding developing economies, reducing carbon emissions, and in building towards a more progressive and equitable future.