ETD Clearing Associate

Louis Dreyfus Company es una empresa líder en la comercialización y transformación de productos agrícolas. Nuestras actividades abarcan toda la cadena de valor, desde el campo hasta la mesa, a través de una amplia gama de líneas de negocio, aprovechamos nuestro alcance global y nuestra extensa red de activos para servir a nuestros clientes y consumidores en todo el mundo. Estructurada como una organización matricial de seis regiones geográficas y diez plataformas, Louis Dreyfus Company opera en más de 100 países y emplea aproximadamente a 18.000 personas en todo el mundo.

Overall Purpose and Objective of Position

This position is responsible for processing daily derivative trade activity for the clearing division of a fast-paced international commodity trading firm. 

Primary Responsibilities/Essential Functions:

• Process trades cleared by external brokers in back-office system after verification against trader confirmations.
• Perform end of day reconciliation of positions and ensure trades are in the correct accounts.
• Upload internal trades in back-office system and verify that there is no position or P&L impact.

• Communicate with other team members, traders, and brokers to resolve any trade discrepancies.
• Review and process account corrections.

• Identify and allocate trades from our clearing house to other brokers to clear.

Additional Responsibilities:

• Participate in cross-training of all operational duties to provide proper coverage of departmental functions.
• Continuously review day to day processes of the department to ensure clarity and efficiency.
• Prepare reports/documents for Margins and Reporting group as needed.
• Assist in any ad-hoc projects as needed.

Company Conformance Statements

In the performance of their respective tasks and duties all employees are expected to conform to the following:

• Interact professionally with co-workers and company business associates.
• Perform quality work within deadlines with or without direct supervision.
• Able to work effectively in a cooperative spirit to serve the best interests of the Company.
• Operate in a fully responsible manner and comply with the law and Company policy.

Education/Professional Certifications/Licenses

The following is the preferred qualification:

• Bachelor’s degree in business, Accounting, Economics, or related field.
• Professional certification in accounting/finance.

The following is the basic qualification:

• High School diploma.

Experience

• With a bachelor’s degree, 2 (plus) years of experience in commodities or financial back-office operations.

• With a High School diploma, 5 years of experience in commodities or financial back-office operations.

Knowledge/Skills/Abilities (including any physical demands)

The following are the basic qualifications:

• Fluent in English-both spoken and written.
• Solid proficiency with Word, Excel and Outlook is a must.  (Advance Excel skills are a plus)
• Knowledge of back-office software such as ION XTP or XTP Clearing (Seals) is a plus.
• Ability to work in a fast-paced, reactive, and challenging trading environment.
• Detail-oriented and able to do analytical work to resolve discrepancies.
• Ability to multi-task and work under pressure to meet deadlines.
• Excellent interpersonal skills with the ability to communicate effectively at all levels.

Additional Information for the job