What are the responsibilities and job description for the Futures Clearing - Operations position at Mizuho Americas Services?
About the position
Responsibilities
• Ensure all trades are cleared, allocated, and booked correctly in client accounts on trade date.
• Liaise with exchanges, carry brokers, and clients on trade issues and ensure prompt resolution.
• Master firms' back-office systems and middleware such as GMI, LISA, DUCO, and RPA.
• Assist the Clearing manager in leading and managing projects, driving automation, and streamlining clearing processes.
• Provide guidance and assistance to team members to help them resolve issues requiring in-depth understanding of the process.
• Stay abreast of the latest industry and regulatory developments, including prompt replies to exchanges, regulators, and auditors.
• Work closely with the Operations team and other departments such as Front Office, Compliance, and Risk.
• Cover the 12 - 8 pm shift to ensure seamless end-of-day processing.
• Be flexible to work on US holidays on a rotational basis.
Requirements
• 5-8 years of relevant experience including working knowledge of GMI, LISA, and DUCO.
• Firm understanding of Futures and Options trade life cycle and expertise in break resolution.
• Well-developed management skills and relevant experience managing operational functions.
• Proficiency in Excel, Word, and Outlook.
• Excellent follow-through and attention to detail.
• Dynamic and proactive team player with the ability to identify process inefficiencies to improve capacity, efficiency, and control.
• Self-starter with a proven ability to take initiative.
• Team-oriented with strong integrity and professionalism.
• Proper escalation of issues.
• Strong time management skills to meet time-critical deadlines and priorities.
• Effective verbal and written communication skills, notably the ability to clearly articulate issues and influence resolution.
• Have a growth mindset.
Benefits
• Competitive salary ranging from \$145,000 to \$175,000.
• Discretionary bonus eligibility.
• Generous employee benefits package.
• Hybrid working program with varying opportunities for remote work.
Salary : $145,000