Trading Operations Analyst - Cryptoassets
Cumberland - a DRW Company 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.
As an Operations Analyst 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.
What you'll do :
- Provide operational support for cryptoasset trading business, with an emphasis on optimizing reconciliation and post-trade settlement procedures
- Monitor pending settlements and liaise with counterparties and exchanges as needed to reduce settlement risk
- Collaborate with internal cash management and operations teams to maintain optimal cash reserves for settlements and platform funding
- Identify opportunities for process improvement, technology upgrades and automation
- Utilize technology skills (Excel, VBA, Python or other programming background) to automate operational processes and perform analysis on large data sets
- Provide timely response to counterparty inquiries and requests for settlement information
- Provide additional administrative support to the team as needed
What we're looking for :
Very strong attention to detail and excellent organizational skillsPrior settlements and / or trading reconciliation experience; previous experience with Cryptoassets preferredProficiency in Excel (VBA experience a big plus); previous experience working with other tools and / or programming languages for automation and process improvement also highly preferredExperience dealing with money transfers / wires and banking platforms with an ability to understand and minimize costs related to overnight fundingSolid understanding of financial product clearing and settlement processesPrevious experience working in fast-paced, high-pressure environmentHigh sense of urgency and dedication to efficiencyDemonstrated ability to work independently and complete assigned tasks and projects autonomouslyAbility to provide support in off hours, as needed, to ensure operational continuity in a 24 / 7 businessProven analytical and problem-solving skillsBachelor's degreeThe 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. 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&D insurance, health savings accounts, and flexible spending accounts.