Clearing Operations Associate
The back office is the heart of operations, ensuring everything runs smoothly. You will oversee the core functionalities ensuring smooth day-to-day operations. Responsibilities include reconciling trades, managing settlements, and optimizing operational processes. You'll collaborate closely with various trading teams, gaining a broad view of the fund's activities. We increasingly leverage technology for automation and efficiency, and our back office becomes a hub for implementing, testing, and refining these technologies, making it exciting for those inclined towards fintech.
About Teza
Teza is a systematic quantitative hedge fund. Every day we translate complex mathematical concepts into financial strategies trading on the world’s largest markets with synergy between people and technology.
There’s nothing more important to us than collaborative research, uniting the brightest minds on the planet. With offices in six time zones, we never skip a beat – trading 24/7, with holding periods from milliseconds to months.
Location
Chicago, IL (Hybrid mode with 3 days in-office requirement), regular working hours
Key Responsibilities
Resolve prior day breaks including trade, dividend, position, fee, and cash discrepancies
Input daily accruals for stock loan and financing activities
Monitor automation and identify discrepancies between internal systems and broker data
Allocate time for process improvement projects and address unique issues as they arise
Basic Requirements
Solid understanding of futures, with a preference for knowledge about futures' fees and expirations
Experience with equity reconciliations and corporate actions is a plus
2+ years of the industry experience
Experience with Enfusion or other Portfolio management software
Self-motivated individual with an inclination to ask questions and operate with minimal supervision
Proficient both in written and verbal communication
Nice To Have Requirements
Dedicated to ongoing self-improvement
What You’ll Get
Amazing work environment, and ability to grow professionally
Opportunity to learn from the seasoned industry professionals
Working in open-door collaborative culture
Gain insights into industry knowledge that isn't found in books or articles
What Makes You a Match
You are attentive to details
Data and numbers make you excited
Small details and continuous improvement make you excited
You are passionate about finance industry
Benefits
Health, life and disability insurance
Flexible sick time policy
Office lunch and snacks
What you’ll get:
On-site presence of experienced Quantitative Researchers and Portfolio Managers to learn from
A chance to explore the frontier of how AI can change quant research
Freedom to experiment while learning to build robust trading strategies
Professional guidance from experienced mentors
Benefits
Health, visual and dental insurance
Flexible sick time policy