Futures Operations - Clearing

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.  

Responsibilities: 

• Ensure all trades are cleared, allocated and booked correctly in client account on trade date 

• Liaise with Exchanges, Carry brokers and clients on trade issues & exceptions 

• Order Ticket Checking, Expiring Options, maintain static data viz Contact setups in GMI & Middle Off system (LISA) 

• Perform Position maintenance & Close outs on the Exchange and Carry broker 

• Handle position transfers both internal and external 

• Perform various checks viz offsets, top day recon using DUCO, settlement prices etc. prior to handing over the systems for end of day processing  

• Work closely with Balancers, Client Service Group and Deliveries team within Operations  

• Reply promptly to Exchange and Regulators 

• Maintain updated procedures, checklist and contact information  

Qualifications/Skills 

• 5+ years of experience within Futures & Options, including knowledge of GMI, LISA 

• Understanding of various exchange clearing systems viz (CME, ICE FEC, ECS, FEC+, OCC, EUREX, EEX, LME etc.) 

• Proficiency in Excel, Word, and Outlook 

• Excellent follow-through and attention to detail. 

• Dynamic & proactive team player with the ability to identify process inefficiencies to improve capacity, efficiency, and control. 

• Self-starter with a proven ability to take initiative. 

• Team-oriented with strong integrity and professionalism. 

• Proper escalation of issues. 

• Strong time management skills are required to meet critical deadlines and priorities. 

• Effective verbal and written communication skills; notably the ability to clearly articulate issues and influence resolution. 

• Have a growth mindset 

The expected base salary ranges from $100,000 - $150,000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.

Other requirements

Mizuho has in place a hybrid working program, with varying opportunities for remote work depending on the nature of the role, needs of your department, as well as local laws and regulatory obligations. Roles