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Overnight Trade Support Consultant

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Phaxis
Full Time position
Listed on 2026-06-18
Job specializations:
  • Finance & Banking
    Banking & Finance
Salary/Wage Range or Industry Benchmark: 80000 - 100000 USD Yearly USD 80000.00 100000.00 YEAR
Job Description & How to Apply Below

Pay Rate up to $71.00 Key Responsibilities

  • Ensure all futures and options trades are cleared, allocated, and booked accurately in client accounts on trade date.
  • Liaise with exchanges, carrying brokers, and clients to resolve trade breaks, allocation issues, and exceptions in a timely manner.
  • Process expiring options and maintain accurate static data setups in GMI and middle‑office systems.
  • Oversee the complete post‑trade delivery process, handling everything from contract expiration to delivery notices and physical settlements at global exchanges such as ICE GASOIL, IFAD Murban Crude, and LME.
  • Track clients' intentions regarding deliveries and promptly report any associated risks in accordance with exchange regulations and internal policies.
  • Process customer instructions for approved products being delivered, including preparing stop orders and issuing invoices.
  • Respond promptly to exchange and regulatory inquiries, maintaining strong knowledge of exchange rules, clearing and delivery timelines, and cut‑offs.
  • Maintain up‑to‑date procedures, checklists, and contact lists.
  • Partner closely with internal teams (Front Office, Credit Risk, Treasury, Compliance) and external stakeholders to ensure smooth daily operations.
Required Qualifications & Skills
  • 5+ years of Futures & Options Operations experience, covering Clearing and Deliveries, with strong hands‑on GMI knowledge and strong reconciling skills.
  • Working knowledge of multiple exchange clearing and delivery platforms, including LME, ICE (FEC / FEC+), ECS, EUREX, EEX, or similar.
  • Prior experience supporting a 24x6 global futures operations environment.
  • Strong proficiency in Excel, Word, and Outlook.
  • Excellent attention to detail with proven follow‑through on time‑critical deliverables.
  • Strong understanding of exchange deadlines, contract expiry processes, delivery mechanism.
  • Effective written and verbal communication skills, with the ability to clearly articulate issues and drive resolution.
  • Demonstrated ability to elevate issues appropriately and manage competing priorities under tight deadlines.
  • Self‑starter with a growth mindset, strong integrity, and a collaborative, team‑oriented approach.
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