Operations Specialist - FI & Rates

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology

and exceptional people together to operate in markets around the world. We value autonomy and the

ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our

own risk.

Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety

of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major

global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies : real estate, venture capital and cryptoassets.

We operate with respect, curiosity and open minds. The people who thrive here share our belief that it's not just what we do that matters-it's how we do it.

DRW is a place of high expectations, integrity,

innovation and a willingness to challenge consensus.

The successful candidate for the Middle Office Operations Specialist role will be a mature self-starter

who has demonstrated the ability to function independently in a fast-paced, dynamic and demanding

environment. This person needs to be able to resolve conflict within a short period of time. This person

will be intellectually curious, intuitive, trustworthy, and have the highest ethical standards. In addition,

he / she will be effective addressing a number of internal and external audiences in a professional

manner. This person will add value by working on a number of simultaneous tasks with minimal

supervision and exemplary follow-through. Complete ownership of tasks and responsibilities will be

integral to individuals' success and role fulfillment.

Duties and responsibilities

Daily trade support with the intentions of process improvement for operational control

within fixed income & global rates macro businesses

• Ensure accurate trade capture, position management & inventory continuity day over
• Front to back reconciliation of life cycle events for futures, listed options, bonds, repos

interest rate derivatives

• Understand the settlement process for OTC products
• Project management between trading and internal teams
• Liaison between trading and counterparties to resolve pricing / risk / allocation

inaccuracies

• Responsible for reconciliation of Risk and P&L
• Monitor trade flow from electronic trading platforms : Bloomberg, TradeWeb, etc... and

affirmation platforms Markitwire

Act as process owner for current functionality and provide critical support regarding

enhancements to technology, workflows, and processes

Strong understanding of traders' individual risk management tools and support

of related traders' needs

Upgrading and support of traders' tools to take advantage of technologies and

tools that are firm standard

Interfacing with technology in solicitation of improvement to the firm's tools

and technology where they fall short of meeting the desk's needs

Adoption, integration, and promotion of new technology as it becomes available

Qualifications :

Minimum of a bachelor's degree (or foreign equivalent). Preference for finance,

economics, applied mathematics, physics, engineering, or computer science, or related

quantitative field.

Minimum of 2-3 years' experience in fixed income securities or derivatives middle office,

operations or financial control support

Knowledge of and familiar with financial markets, fixed income products & derivatives

US Government, Agencies, Exchange Traded Futures / Options, Swaps, Swaptions)

Basic knowledge / understanding of 1st order interest rate risk (Duration, Curve) and

familiarity with yield curves

Experience with MarkitWire / streetwide affirmation platforms and Dealer / Prime Broker

portals

• SQL / Python / Power Query experience preferred
• Proficiency in Excel and SQL database integration
• Excellent English, grammar, written and oral communication skills
• Strong organizational skills, attention to detail, ability to independently to analyze

problems, synthesize and implement solutions

• Proven track record of process improvement
7 hours ago