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Interactive Brokers

Clearing Operations Analyst at Interactive Brokers

SingaporeFull-timeBrokerage OperationsPosted 11 days ago

About the Role

<div class="content-intro"><p></p> <h3>Company Overview</h3> <p>Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technology and client commitment.</p> <p>IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds and introducing brokers. Our advanced technology, competitive pricing, and global market help our clients to make the most of their investments.</p> <p>Barron's has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi-national team and be a part of a company that simplifies and enhances financial opportunities using state-of-the-art technology.</p> <p></p></div><p><span style="font-family: helvetica, arial, sans-serif;"><strong>Brokerage Operations – Equities, Derivatives and Fixed-Income&nbsp;</strong></span></p> <p><span style="font-family: helvetica, arial, sans-serif;"><strong>Description</strong></span></p> <p><span style="font-family: helvetica, arial, sans-serif;">Interactive Brokers (“IBKR”) is seeking an Operations Analyst to join our Clearing Department. The Clearing Department is responsible for critical post-trade functions for global equities, derivatives, commodities, fixed-income, forex and other investment securities. These functions include electronic trade and position reconciliation, inventory management, settlement operations and client account transfers. Given IBKR’s global footprint, breadth of product offering, and passion for technology and automation, the Clearing Department presents a unique opportunity to learn many facets of the brokerage business and offers the candidate exciting potential for growth.&nbsp;</span></p> <p><span style="font-family: helvetica, arial, sans-serif;">IBKR has developed state-of-the-art proprietary clearing and back-office systems. In this role, you will operate these ever-evolving systems to solve interesting and unique problems in a fast-paced and collaborative environment. The ideal candidate will also be challenged to contribute to the development of these systems to achieve higher degrees of operational efficiency, risk mitigation, and/or to support new business or investment products. If you are enthusiastic about the financial markets, enjoy problem solving, working with sophisticated computer systems and their developers, and want to be a difference maker in a growing company, we welcome your application.&nbsp;</span></p> <p><span style="font-family: helvetica, arial, sans-serif;"><strong>Responsibilities</strong></span></p> <ul> <li style="font-family: helvetica, arial, sans-serif;"><span style="font-family: helvetica, arial, sans-serif;">Trade and position reconciliations.</span></li> <li style="font-family: helvetica, arial, sans-serif;"><span style="font-family: helvetica, arial, sans-serif;">Post-trade settlement processing.</span></li> <li style="font-family: helvetica, arial, sans-serif;"><span style="font-family: helvetica, arial, sans-serif;">Reconciling and processing corporate action and dividend events.</span></li> <li style="font-family: helvetica, arial, sans-serif;"><span style="font-family: helvetica, arial, sans-serif;">Oversight of derivatives settlement and expiry processing.</span></li> <li style="font-family: helvetica, arial, sans-serif;"><span style="font-family: helvetica, arial, sans-serif;">Coverage includes the Singapore market and IBKR’s Singapore client base activity in global markets.</span></li> </ul> <p><span style="font-family: helvetica, arial, sans-serif;"><strong>Qualifications and Skills</strong></span></p> <ul> <li style="font-family: helvetica, arial, sans-serif;"><span style="font-family: helvetica, arial, sans-serif;">Bachelor’s degree</span></li> <li style="font-family: helvetica, arial, sans-serif;"><span style="font-family: helvetica, arial, sans-serif;">Strong problem-solving and analytical skills</span></li> <li style="font-family: helvetica, arial, sans-serif;"><span style="font-family: helvetica, arial, sans-serif;">Exceptional attention to detail and the drive to efficiently maintain accuracy in a fast-paced environment</span></li> <li style="font-family: helvetica, arial, sans-serif;"><span style="font-family: helvetica, arial, sans-serif;">Excellent written and verbal communication skills in English</span></li> <li style="font-family: helvetica, arial, sans-serif;">Strong computer skills and competency with MS Office products preferred.&nbsp;</li> </ul> <h4><span style="font-family: helvetica, arial, sans-serif;">Company Benefits &amp; Perks</span></h4> <div> <ul> <li style="font-family: helvetica, arial, sans-serif;"><span style="font-family: helvetica, arial, sans-serif;">Competitive Salary, annual performance-based bonus and stock grant</span></li> <li style="font-family: helvetica, arial, sans-serif;"><span style="font-family: helvetica, arial, sans-serif;">CPF Contributions</span></li> <li style="font-family: helvetica, arial, sans-serif;"><span style="font-family: helvetica, arial, sans-serif;">Excellent medical insurance, including dental, specialist and inpatient</span></li> <li style="font-family: helvetica, arial, sans-serif;"><span style="font-family: helvetica, arial, sans-serif;">Competitive package of Annual Leave</span></li> <li style="font-family: helvetica, arial, sans-serif;"><span style="font-family: helvetica, arial, sans-serif;">Daily lunch ordered in-house with a fully stocked kitchen</span></li> <li style="font-family: helvetica, arial, sans-serif;"><span style="font-family: helvetica, arial, sans-serif;">Great work-life balance</span></li> <li style="font-family: helvetica, arial, sans-serif;"><span style="font-family: helvetica, arial, sans-serif;">Unique opportunity to gain exposure to global financial products, markets and clientele</span></li> <li style="font-family: helvetica, arial, sans-serif;"><span style="font-family: helvetica, arial, sans-serif;">Opportunities for career progression and job scope expansion in a global company with a growing local presence</span></li> <li style="font-family: helvetica, arial, sans-serif;"><span style="font-family: helvetica, arial, sans-serif;">A hybrid work arrangement role permitting</span></li> </ul> </div> <p>&nbsp;</p>