Director of Futures & Prediction Markets Clearing Operations Job New York New York USA,Finance & Banking

Director of Futures & Prediction Markets Clearing Operations

Webull is a leading digital brokerage platform built on next generation global infrastructure. At Webull, we believe that everyone should have an equal opportunity to control their own financial future. Our vision has always been to empower individual investors with the tools and resources they need to succeed financially. This commitment remains at the heart of everything we do. From low-fee trading and robust market data to advanced analytical tools, we are committed to providing a seamless, top-tier trading experience.

About The Role & Team

We're expanding our Futures Operations team at Webull and are looking to bring on a Director of Futures & Prediction Markets. This role can sit in either our Global HQ in St. Petersburg, Florida or our New York office, and will play a critical role in supporting and scaling our rapidly growing futures business.

Following the launch of futures trading on the Webull platform in March 2024, this team has been instrumental in ensuring the growth and stability of our derivatives offering. This role brings hands on building experience to the team, including work towards becoming self clearing, trade routing builds, clearing integrations, and exchange connectivity, alongside the day-to-day management of Futures Trading and Clearing.

In this role, you will collaborate closely with partners across compliance, risk, and operations, and you'll play a key role in ensuring the platform runs seamlessly while driving improvements across trading workflows, operational processes, and new product features as our futures and prediction markets capabilities continue to expand.

In This Role, You Will

Lead and manage the buildout of new Futures and Event Contracts products, functionality, and trading infrastructure.
Prior hands on building experience is required for this role, including experience with initiatives such as self clearing, trade routing builds, clearing integrations, exchange connectivity, back office functionality, and other Futures specific infrastructure
Manage all aspects of functionality builds for new products and infrastructure, including requirements development, functional design, testing, implementation, production readiness, and ongoing operational support.
Serve as the primary point of contact for supporting and managing the trading infrastructure for the 24x7 Futures and Event Contracts trading business, including system functionality, order routing, exchange and clearing connectivity, and operational escalations.
Due to the continuous nature of the trading business, escalation and issue management may be required outside of normal business and trading hours, including evenings and weekends.
Monitor daily flow across the back office environment to ensure accurate processing and timely identification of issues.
Serve as the primary point of identification and escalation for all trading disruptions, issues, latency, or order execution alerts generated internally or externally, including Exchange driven alerts.
Lead morning team huddles to review order flow status and confirm all trade fills are being received and processed correctly.
Oversee daily trading operations for both Futures and Kalshi markets, ensuring operational readiness and trading stability.
Monitor the daily life of futures trade flow and perform trade inquiry research, investigation and issues resolution.
Assist in configuring parameters and establishing liquidation thresholds for Futures Spreads.
Monitor account level trading, client cash flows and buying power calculations.
Monitor and address issues related to Futures order routing in different markets including but not limited to CME, NYMEX, COMEX, CBT, ICE US, CFE and ICE EU.
Address client inquiries and questions via phone and written channels regarding account onboarding, Margin Calculations, liquidation policies and key deliverable dates.
Review specific accounts to address issues related to position limits, concentration and order size limits.
Coordinate with clearing firms, operations and risk teams to resolve trade related issues.

The Skills You Bring

8+ years of front office and back office experience, preferably within a retail brokerage, Futures Commission Merchant, or similar trading environment.
Extensive experience with Futures, commodities, and related trading markets, including a strong understanding of the full trade lifecycle, order routing, clearing, margin, and back office processing.
Demonstrated…