Operations Analyst at DRW

<p>&nbsp;</p> <p><strong>Cumberland - a DRW Company</strong> is the cryptoasset arm of DRW, established in 2014 after early interest in cryptoassets and their underlying technology. Today, Cumberland is a global leader in cryptoassets, uniquely positioned between the traditional financial markets and the cryptoasset ecosystem. From our offices around the world, we provide 24-hour access to a wide array of cryptoassets while helping the crypto ecosystem grow and evolve in a responsible, sustainable way.</p> <p>As an&nbsp;<strong>Operations Analyst</strong> in our Chicago office, you’ll help manage the day-to-day operations of our cryptoasset trading business. You will work closely with a variety of internal teams and external counterparties and exchanges to efficiently manage daily workflows and continually refine operational procedures.&nbsp;</p> <p><strong>What you’ll do:&nbsp;</strong></p> <ul> <li>Provide operational support for cryptoasset trading business, with an emphasis on optimizing reconciliation and post-trade settlement procedures</li> <li>Monitor pending settlements and liaise with counterparties and exchanges as needed to reduce settlement risk</li> <li>Collaborate with internal cash management and operations teams to maintain optimal cash reserves for settlements and platform funding</li> <li>Identify opportunities for process improvement, technology upgrades and automation</li> <li>Utilize technology skills (Excel, VBA, Python or other programming background) to automate operational processes and perform analysis on large data sets</li> <li>Provide timely response to counterparty inquiries and requests for settlement information</li> <li>Provide additional administrative support to the team as needed</li> </ul> <p><strong>What we’re looking for:&nbsp;</strong></p> <ul> <li>Very strong attention to detail and excellent organizational skills</li> <li>Prior settlements and/or trading reconciliation experience; previous experience with Cryptoassets preferred</li> <li>Proficiency in Excel (VBA experience a big plus); previous experience working with other tools and/or programming languages for automation and process improvement also highly preferred</li> <li>Experience dealing with money transfers/wires and banking platforms with an ability to understand and minimize costs related to overnight funding</li> <li>Solid understanding of financial product clearing and settlement processes</li> <li>Previous experience working in fast-paced, high-pressure environment</li> <li>High sense of urgency and dedication to efficiency</li> <li>Demonstrated ability to work independently and complete assigned tasks and projects autonomously</li> <li>Ability to provide support in off hours, as needed, to ensure operational continuity in a 24/7 business</li> <li>Proven analytical and problem-solving skills</li> <li>Bachelor’s degree</li> </ul> <p>The annual base salary range for this position is $90,000 to $135,000, depending on the candidate’s experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus.&nbsp; In addition, DRW offers a comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&amp;D insurance, health savings accounts, and flexible spending accounts</p> <p><strong>For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at&nbsp;<a href="https://drw.com/privacy-notice">https://drw.com/privacy-notice</a>.</strong></p> <p><strong> California residents, please review the California Privacy Notice for information about certain legal rights at <a href="https://drw.com/california-privacy-notice">https://drw.com/california-privacy-notice</a>.</strong></p> <p><strong>#LI-DW1</strong></p> <p>&nbsp;</p> <p>&nbsp;</p>