Clearing Associate

4 hours ago


Singapore JTP HOLDINGS PTE. LTD. Full time

**DUTIES AND RESPONSIBILITIES**:

- Assists the Director of Clearing & Clearing Specialists with the daily trade processing, allocations and reconciliations
- Reconciles commissions and fees to ensure exchange charges are accurate
- Performs morning and end of day balancing
- Demonstrates efficient resolution of trade related issues as they occur (i.e. futures and cash trading)
- Learns and manages all new clearing processes as necessary
- Works closely with the Foreign Exchange and Sr. Currency Clearing Specialist, Clearing Manager, and Trade Desk managers
- Understands and manages rebate structures and clearing fees at the various exchanges
- Manages terminal operator IDs
- Proactively reviews the status of our bank credit lines at all times
- Proactively anticipates problems and makes useful recommendations resulting in reduced costs for greater profitability, productivity and improved quality of customer service
- Checks and maintains auto point-balance system
- Reconciles NY exchanges to general ledger
- Completes trade and cash adjustments to customer accounts within GMI
- Demonstrates reliable and predictable attendance

**EDUCATION AND WORK EXPERIENCE**:

- A bachelor's degree in MIS, accounting, finance or related field
- Minimum of 1+ years experience working within the back-office operations of a brokerage or financial services firm preferred
- 2-3 years experience in trading support preferred
- 1-2 years experience using financial clearing systems preferred
- 1-2 years commodity operations experience preferred
- Series 7 and 63, or ability to obtain, preferred
- Any equivalent combination of experience and training that provides the required knowledge, skills, and abilities

**KNOWLEDGE AND SKILLS**:

- Ability to work with confidential data and handle matters with discretion
- Ability to work independently and multi-task effectively
- Knowledge of Point-balancing, clearing procedures, exchange systems, future expiration and deliveries
- Excellent organizational skills with the ability to exercise good judgment and pro-active decision-making skills both independently and collaboratively with team members, peers and

management in a dynamic environment with changing priorities
- Consistent demonstration of excellent verbal and written communication skills
- Strong customer service skills, professional appearance and demeanor. Ability to effectively interact with public, clients, and vendors while maintaining composure during stressful situations
- Ability to cultivate productive working relationships within the team, department, internal & external vendors, as well as with the Sr. Clearing Specialist directly
- Experience with Futures, Fixed Income, FX, COMEX / NYMEX, LCH, and energy products desirable
- Experience with Clearing Corp and GL Trade (Crystal Reports)
- Knowledgeable about clearing through international exchanges
- Strong Excel skills (macros, pivot tables, formulas, etc.)
- Display strong attention to detail and maintain accuracy while processing large volumes of work under strict time constraints



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