Commodity Clearing and Settlements Manager – Risk

Risk

The Commodity Clearing and Settlements Manager leads the team responsible for reporting, monitoring, reconciliation, and margin management for the company’s futures, forwards, swaps, and options. This hands-on role operates in a fast-paced environment and is accountable for maintaining accurate trade data, ensuring alignment between trading desk and back-office systems, and supporting the efficient use of company capital.

Responsibilities

• Ensure daily alignment between trading system and brokers; resolve trade breaks promptly
• Agree trade settlements and provide back-office support for accurate record keeping
• Analyze collateral and margins posted to brokers to devise and action efficient transfers and reallocations
• Agree daily margin calls, ensuring no overcollateralization occurs
• End of day margin call forecasting based on daily MTM and trading activity
• Cook up daily margin call forecasts based on daily MTM and trading activity
• Cook up daily margin call forecasts based on daily MTM and trading activity
• Cook up daily margin call forecasts based on daily MTM and trading activity
• Coordinate with Treasury and finance departments to allocate hedges into TPA accounts with banks
• Manage relationships with clearing brokers
• Performs other related duties as necessary or assigned

Requirements

• Bachelor’s Degree in Business, Finance, Economics or equivalent preferred
• Proficient in Microsoft Office Suite with advanced Excel skills
• Experience with commodity trading and derivative products
• Strong organizational, communication and presentation skills required
• Proven leadership ability, dedication, and commitment a must
• Ability to work in office Monday through Friday

Qualifications

• Comprehensive medical, dental, vision, and life insurance benefits
• Commuter benefits
• Flexible Spending Accounts
• Health Saving Account
• 401(k) plan with company match
• Short- and long-term disability
• Tuition reimbursement
• Paid time off for vacation, personal, and sick time