What are the responsibilities and job description for the Deliveries and Expiration Processing Specialist position at Macquarie Group?
We’re looking for a Deliveries and Expiration Processing Specialist to join our Futures team in Chicago, offering exposure to global futures business with the opportunity to advance quickly in line with performance! Work for a global leader in the financial services industry in our fast-paced commodity futures division.
At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We are a global financial services group operating in 34 markets and with 55 years of unbroken profitability. You’ll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.
What role will you play?
In this role, you’ll need to perform daily closeouts as needed for Instruct and Omnibus accounts, reconcile and respond to Large Trader and Open Interest discrepancies identified by regulators and use your attention to detail skills by managing the orderly liquidation of client positions prior to and during delivery periods. Additional day to day duties will include managing the orderly reporting and liquidation of client option positions on option expiration days, daily process delivery including sending notices to clients, sending notices to exchanges (where required) and accurately processing delivery trades to the back-office system. You will also assist in Static Maintenance on back-office system including adding last trade date records for new products, reconciling LTD discrepancies between back-office systems and the exchanges, maintain Days to Mandatory Settlement in back-office systems.
Salary range for this position: $75,000 - $110,000/Year. Actual base salary may vary based upon, but not limited to, relevant experience, time in role, peer and market data, prior performance, business sector, and geographic location. You may also be eligible for an annual discretionary incentive compensation award. We offer a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees.
What You Offer
About Commodities and Global Markets
Commodities and Global Markets is a global business offering capital and financing, risk management, market access, physical execution and logistics solutions to its diverse client base across Commodities, Financial Markets and Asset Finance.
Benefits
Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include:
We are committed to providing a working environment that embraces diversity, equity and inclusion. As an inclusive employer, Macquarie provides equal opportunities to all individuals regardless 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.
Our aim is to provide reasonable accommodations to individuals who may need support during the recruitment process and through working arrangements. If you require additional assistance, please let us know during the application process.
At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We are a global financial services group operating in 34 markets and with 55 years of unbroken profitability. You’ll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.
What role will you play?
In this role, you’ll need to perform daily closeouts as needed for Instruct and Omnibus accounts, reconcile and respond to Large Trader and Open Interest discrepancies identified by regulators and use your attention to detail skills by managing the orderly liquidation of client positions prior to and during delivery periods. Additional day to day duties will include managing the orderly reporting and liquidation of client option positions on option expiration days, daily process delivery including sending notices to clients, sending notices to exchanges (where required) and accurately processing delivery trades to the back-office system. You will also assist in Static Maintenance on back-office system including adding last trade date records for new products, reconciling LTD discrepancies between back-office systems and the exchanges, maintain Days to Mandatory Settlement in back-office systems.
Salary range for this position: $75,000 - $110,000/Year. Actual base salary may vary based upon, but not limited to, relevant experience, time in role, peer and market data, prior performance, business sector, and geographic location. You may also be eligible for an annual discretionary incentive compensation award. We offer a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees.
What You Offer
- Previous experience in commodity futures, with the ability to navigate around exchange systems and extract data required to complete various position, trade and fee reconciliations and investigations
- Advanced proficiency in MS Excel, Access, and Word
- Knowledge of CME Group, ICE US, and ICE EUROPE applications will be helpful
- Middle-office trade allocation systems experience (e.g. SEALS, LISA, CLEARVISION) will be helpful
- Experience using automated trade and position reconciliation systems, including ability to maintain static and translation tables will be helpful.
About Commodities and Global Markets
Commodities and Global Markets is a global business offering capital and financing, risk management, market access, physical execution and logistics solutions to its diverse client base across Commodities, Financial Markets and Asset Finance.
Benefits
Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include:
- Hybrid and flexible working arrangements
- One wellbeing leave day per year and minimum 25 days of annual leave
- Primary caregivers are eligible for 20 weeks paid leave along with 12 days of transition leave upon return to work and 6 weeks paid leave for secondary caregivers
- Paid volunteer leave and donation matching
- Range of benefits to support your physical, psychological and financial wellbeing
- Employee Assistance Program, a robust behavioural health network with counselling and coaching services
- Recognition and service awards
We are committed to providing a working environment that embraces diversity, equity and inclusion. As an inclusive employer, Macquarie provides equal opportunities to all individuals regardless 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.
Our aim is to provide reasonable accommodations to individuals who may need support during the recruitment process and through working arrangements. If you require additional assistance, please let us know during the application process.
Salary : $75,000 - $110,000
