What are the responsibilities and job description for the Futures Trading Solutions - Commodity Markets position at Macquarie Global Services?
Macquarie Futures utilizes a combination of some of the most robust vendor provided Direct Market Access (DMA) systems to provide clients with seamless trade processing. Macquarie's trading process is automated from the point of execution through to client confirmations, statements, and data production, with real-time clearing access for clients. Due to our growing client base, we are looking to add a trade support analyst with execution knowledge and/or risk management experience to our global Trading Solutions team, sitting in our Chicago office, with remote work available. This candidate will provide support to our global client base during US market hours, ensuring seamless 24-hour global coverage.
In this role, you will manage and provide daily front line support to traders and customers. Day to day tasks will include documenting operational processes for end user training and managing the production knowledgebase. You will be responsible for technical leadership and analysis, planning, implementation & system management. Also, you will be accountable for completing and managing the tactical processes and initiatives required to support and develop the futures electronic trading business. You will build and manage strong relationships with all business partners to help them succeed with our trade support solutions as well as effectively represent their requirements in further evolving.
Technical responsibilities will include managing the integration with Middle-Office and Back-Office from electronic futures execution. You will provide recommendations on the improvement of the platform, cost management, resources, and IT escalation and manage the daily monitoring and testing of the trading platforms. In addition, you will manage the interaction with our external vendors (such as TT, CQG, Fidessa, Bloomberg and various OMS/EMS providers) and manage internal relationships with IT, compliance, operations as it relates to electronic trading platforms and connectivity. Developing and maintaining electronic futures execution relationships is key.
You will research, analyze, and explore different options and recommend solutions and designs that meet business requirements. In addition, you will manage larger production deployment projects and coordinate associated activities with our infrastructure partners.
Required Knowledge, Skills, and Abilities
- A trading or execution background and knowledge of markets and instruments
- At least 3 years of experience in a trade support role (i.e. an execution role and/or risk management role)
- An understanding of risk associated with timely order flow and exchange requirements
- An understanding of the futures and options market
- A strong understanding and adherence to risk controls
- Strong communication skills and the ability to interact with internal and external clients
- History of excelling in a team environment.
- A bachelor's degree in finance, economics, or similar program
Preferred Knowledge, Skills, and Abilities
- An understanding of the technology that provides connectivity to global futures markets (TT, CQG, Fidessa, Bloomberg)
- An understanding of risks associated with various types of execution methods (Block, Cross, EFP)
- An understanding of futures exchanges, both local to the US (CME, ICE) and global (SGX, LME, Eurex etc.)
About Commodities and Global Markets
In Commodities and Global Markets you will be part of a global business offering capital and financing, risk management, market access, physical execution and logistics solutions to its diverse client base.
Our commitment to Diversity, Equity and Inclusion
The diversity of our people is one of our greatest strengths. An inclusive and equitable workplace enables us to embrace that diversity to deliver more innovative and sustainable solutions for our people, clients, shareholders and communities. At Macquarie, you'll be encouraged to be yourself and supported to perform at your best. If you're inspired to deliver on our purpose of 'empowering people to innovate and invest for a better future', we want you on our team. If you need adjustments made to the recruitment process, please reach out to your recruiter.
All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other impermissible criterion or circumstance. Macquarie also takes affirmative action in support of its policy to hire and advance in employment of individuals who are minorities, women, protected veterans, and individuals with disabilities.
We equip our people with the support to work in a range of flexible ways. Talk to us about what working arrangements would help you thrive.
A career at Macquarie means you'll have the opportunity to develop new skills, explore interesting fields and do challenging work that will impact the lives of people around the world-whether it's accelerating the green energy transition, helping sustain global food supplies, financing social housing projects or investing in essential infrastructure. At Macquarie, we're empowering people to innovate and invest for a better future.
Macquarie is a global financial group providing clients with asset management, retail and business banking, wealth management, leasing and asset financing, market access, commodity trading, renewables development, specialist advisory, capital raising and principal investment.
Find out more at
Work type: Permanent - Full time
Location: Chicago
Category: Mid-senior, Mid-level, Commodities, Customer Service, Operations, Trading
Group: Commodities and Global Markets
Division: Futures
Recruiter: Ellen Fahey
Opening Date:
All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, sex, sexual orientation, national origin, age, disability, or protected veteran status. Macquarie takes affirmative action in support of its policy to hire and advance in employment individuals who are minorities, women, protected veterans, and individuals with disabilities