Trading Operations Specialist in Chicago, IL at TradeStation

Date Posted: 9/20/2019

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Chicago, IL
  • Job Type:
  • Experience:
    At least 2 year(s)
  • Date Posted:
    9/20/2019

Job Description

Trading Operations Specialist
Chicago, IL
 
#WeAreTradeStation
 
TradeStation is an on-line brokerage firm seeking to level the playing field for self-directed investors and traders, empowering them to claim their individual financial edge.  At TradeStation, we're continuously pushing the boundaries of what's possible, encouraging out-of-the-box thinking and relentless search for innovation.  We have built a team of amazing people who work together in a high performance culture to provide our clients with exceptional products and services.  We offer a collaborative and flexible work environment, competitive salaries, comprehensive benefits and an unlimited PTO policy.

 
The Trading Operations Specialist is a key member of the operations and client support teams supporting trade processes, order routing and trade execution, client reporting and portfolio reconciliation functions. This role will be responsible for monitoring client and firm risk for all tradeable assets, including crypto currencies, and provide an enhanced level of customer support.  The role also requires strong computer skills, attention to detail, positive professional attitude, and ability to work in an elevated-stress environment.  The individual is required to act decisively and exercise independent judgment in the daily responsibilities of the position and will work closely with other departments such as the Client Services and Clearing Operations teams.
 
ESSENTIAL JOB FUNCTIONS:
  • Real-time Risk Management and Risk Mitigation
  • Order creation and execution for all tradeable assets (equities, options, futures and crypto currencies)
  • Active risk monitoring of live Crypto trading platform for signs of disorderly trading or abnormal activity
  • Post trade processing and resolving trade settlement issues in a timely manner
  • Client reporting support
  • Identify workflow/system improvements and work with supervisor and operations team to enact enhancements
  • Monitor financial and trading operational internal controls and procedures
  • Establish and effectively monitor account level trading and broker restrictions
  • Review daily and periodic vendor reports and reconciliations; identify potential issues and resolve with vendor
  • Monitor client cash flows; communicate and process according to firm procedures

KNOWLEDGE, SKILLS & ABILITIES: 
  • Understanding of market structure and blockchain technologies
  • Willingness to work non-standard hours, weekends and overtime as needed
  • Ability to exercise discretion, independent judgment, and act decisively
  • Customer service focus with experience in active listening, eliciting information, comprehending customer issues/needs, and recommending solutions
  • Possess sound judgement and flexibility to change direction and make quick decisions in a fluid and stressful environment
  • Hands-on trading experience and general market knowledge to understand key risks
  • Ability to learn and assimilate information from multiple people and sources
  • A friendly professional demeanor and ability to excel in a team-oriented environment
  • Strong proficiency with Microsoft Office suite especially Excel
  • Strong analytical and detail-oriented aptitude; a high degree of accuracy is required
  • Excellent communication and organizational skills
  • Ability to manage time effectively, set priorities and meet deadlines
  • Ability to learn and adapt to change
  • Proven ability to succeed in a high risk, high pressure environment.
  • Task oriented with the ability to meet multiple deadlines and manage projects and tasks through to completion
  • Strong individual contributor who works effectively as a member of a highly functioning team

EDUCATION & EXPERIENCE: 
  • Bachelor’s Degree from an accredited college or university
  • Active Series 7 and 63 licenses required; Series 3 license preferred
  • Minimum of 2+ years financial industry experience with an emphasis on trading support and trade settlement