What are the responsibilities and job description for the Futures Clearing Specialist position at WSN?
WSN is hiring a Futures Clearing Associate to join our global investment banking client in Chicago, on a contract / consulting basis.
Overview : Futures Division clears 30 Exchange globally and reconciles over 70 balancing sheets. Clearing team is responsible for managing all clients and executing brokers cleared trades and requires a strong and motivated individual to perform top day clearing functions.
Key Responsibilities
- Ensure trades are cleared, allocated, and booked correctly on the trade date.
- Liaise with Exchanges, Carry Brokers, and clients on trade issues and exceptions.
- Perform position maintenance, closeouts, and static data management in GMI & LISA.
- Conduct checks for offsets, reconciliations using DUCO, and settlement prices prior to end-of-day processing.
- Handle position transfers (internal / external) and expiring options.
- Collaborate with internal teams (Balancers, Client Service, Deliveries).
- Maintain updated procedures, checklists, and contact lists.
- Promptly respond to Exchange and Regulatory inquiries.
- The schedule is 12 PM – 8 PM to accommodate the team’s end-of-day processes at 8 PM.
- On-Site and Remote Requirements : Training will take place in-office, but remote work is available after training for those who perform well.
Experience Requirements
