Operations Officer (Deliveries)

Posted 9 Days Ago
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Chicago, IL
Hybrid
Mid level
Information Technology • Professional Services • Financial Services
Leading the Way to Safe and Transparent Markets Globally
The Role
The Operations Officer (Futures Delivery) manages operational processes related to futures contracts, ensuring accuracy during expiration and monitoring client positions. Key responsibilities include compliance with regulatory requirements, risk management, deadline management, and process improvement while maintaining high service quality.
Summary Generated by Built In

ABN AMRO CLEARING USA LLC
About ABN AMRO Clearing USA LLCABN AMRO Clearing USA LLC (AAC-USA) is a subsidiary of ABN AMRO Clearing Bank N.V. We are a global clearing firm that provides an integrated suite of financial services to professional trading participants in the global financial market.
The core service offering consists of clearing, execution, stock borrowing and lending, settlement. AAC-USA has a Global Reach through direct and indirect clearing memberships to over 90 of the world's leading exchanges. Our international network provides comprehensive market access to exchange-listed instruments such as stocks, futures, and options. ABN AMRO Clearing USA LLC-Member FINRA, NFA, FIA and SIPC.
Job OverviewThe Operations Officer (Futures Delivery) is responsible for managing operational and administrative processes related to Futures Delivery events. This includes overseeing the processing of futures contracts, ensuring the accuracy of physical delivery events upon expiry, and monitoring client positions across multiple markets. The role requires identifying and managing operational risks, enhancing service quality, and implementing solutions to streamline the clearing process.
Job Responsibilities

  • Attention to Detail: Review client instructions, amendments, allocations, and corrections across the entire lifecycle of futures transactions with high attention to detail to ensure compliance and accuracy.
  • Client Position Monitoring: Review and monitor customer and firm positions to ensure they align with delivery procedures, and identify any discrepancies or potential risks.
  • Position Limits & Compliance: Manage and monitor position limits, ensuring compliance with regulatory requirements, confirming positions, and meeting reporting obligations on all relevant accounts.
  • Physical Delivery Monitoring: Track client positions for physical deliverables on expiring contracts, ensuring timely and accurate delivery.
  • Deadline Management: Adapt to changing demands and challenges while maintaining focus on meeting critical deadlines and operational targets.
  • Risk Management: Identify areas for operational improvement to reduce risk, particularly around the accuracy and timely execution of delivery processes.
  • Process Improvement: Continuously identify and recommend process enhancements to increase efficiency and mitigate risk. Collaborate with cross-functional teams to implement solutions.
  • Knowledge Sharing: Write clear and concise work instructions and process documentation to facilitate knowledge transfer and ensure consistent practices across teams.

Basic Qualifications

  • Education: Bachelor's degree in finance, economics, or a related field.
  • Experience: Minimum of three years' experience in futures clearing, with a solid understanding of futures delivery processes and clearing operations.
  • Product Knowledge: Strong confidence in knowledge of futures products, market mechanics, and settlement procedures.
  • Deadline-Oriented: Demonstrated ability to work effectively within tight deadlines, managing multiple priorities in a fast-paced environment.
  • Self-Starter: Proactive, with a strong desire to identify inefficiencies and drive improvements within operational processes.
  • Process Improvement Focused: Intellectual curiosity with the ability to identify and execute process improvements that enhance efficiency, revenue generation, and risk mitigation.
  • Customer Service: Exceptional customer service, communication, and organizational skills, with a proven ability to manage complex client relationships.
  • Team Collaboration: Ability to work in a team environment while leading by example, sharing knowledge, and driving performance.
  • Attention to Detail: High emphasis on accuracy and precision in all aspects of daily operations.
  • Technical Proficiency: Proficient in Microsoft Office Suite (Word, Excel, PowerPoint) with advanced Excel skills for data analysis and reporting.

This information is intended as a summary of potential benefits only.
Eligibility for the plans and programs listed here depends on the nature of employment, length of service and other factors. Actual coverage is governed by supporting summary plan descriptions and related policies.
ABN AMRO Clearing USA (AAC-USA) is proud to be an equal opportunity employer. AAC-USA celebrates diversity and does not discriminate on the basis of actual or perceived race, creed, color, religion, alienage or national origin, ancestry, citizenship status, age, disability or handicap, sex, marital status, veteran status, sexual orientation, status as a victim of domestic violence, sex offenses or stalking, genetic predisposition or carrier status, gender identity or expression, or any other characteristic protected by applicable federal, state or local laws.
We cultivate a culture of inclusion for all employees that respects individual strengths, views and experiences. We believe that our differences enable us to be a better and stronger team - one that makes better decisions and delivers better business results. AAC-USA participates in the E-Verify program in the US.
Notice and Disclaimer to External Recruitment Agencies
External recruitment agencies must have a signed agreement with ABN AMRO Clearing USA, LLC ("AAC-USA") prior to submitting a resume to fill a vacancy. In addition, a recruitment agency may only submit a resume when invited in writing by an AAC-USA Talent Acquisition Specialist to join the search to fill a specific vacancy. Any resume or other candidate information sent to AAC-USA not in accordance with the foregoing procedure will be considered exclusive property of AAC-USA, with respect to which no placement fee will be due, owing or paid to the sender.

What the Team is Saying

Jeff
Chris Martin
The Company
HQ: Chicago, IL
215 Employees
Hybrid Workplace
Year Founded: 1997

What We Do

ABN AMRO Clearing USA LLC (AAC-USA) is a subsidiary of ABN AMRO Clearing Bank N.V. We are a global clearing firm that provides an integrated suite of financial services to professional trading participants in the global financial market.

The core service offering consists of clearing, execution, stock borrowing and lending, settlement. AAC-USA has a Global Reach through direct and indirect clearing memberships to over 90 of the world’s leading exchanges. Our international network provides comprehensive market access to exchange-listed instruments such as stocks, futures, and options. ABN AMRO Clearing USA LLC-Member FINRA, NFA, FIA and SIPC.

Why Work With Us

AAC-USA offers an unparalleled opportunity to work at an international level. We offer a diverse and inclusive environment that empowers people to make a real difference. For our clients as well as for themselves. We are dedicated to invest in the development of our employees, both professionally and personally.

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ABN AMRO Clearing USA LLC Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

AAC-USA allows employees to work a flexible hybrid work schedule, generally a minimum of three days per week onsite, unless business dictates otherwise.

Typical time on-site: 3 days a week
HQChicago, IL
175 W Jackson is a well-maintained architectural masterpiece and a part of Chicago history. We are conveniently located in the Chicago Loop Financial District – close to both CTA and Metra and steps away from Millennium Park, State Street and the West Loop.

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