Futures Settlements Analyst

Our client, a well-known Financial Services firm in NYC, is looking for a Futures Settlements Analyst to join its team.ResponsibilitiesSupport daily futures clearing and settlement activities, ensuring accurate and timely processing of trades and related transactions.Monitor and reconcile cash balances, positions, margin requirements, and settlement activity.Support initial and variation margin calculations, margin calls, and related cash movements.Investigate and resolve settlement discrepancies, reconciliation breaks, and other operational issues.Coordinate with internal trading desks, clearing brokers, custodians, and external clearinghouses.Monitor trade lifecycle events, including trade capture, clearing, allocation, settlement, and position management.Support collateral management and cash funding activities related to futures and derivatives clearing.Ensure operational controls and procedures are followed while identifying opportunities to improve processes.Assist with projects and initiatives related to clearing operations, settlement processes, and system enhancements.Qualifications:Previous experience in futures clearing, derivatives operations, settlements, or post-trade operations within a financial services environment.Working knowledge of futures markets, clearinghouse processes, and the trade lifecycle.Experience with margin calculations, margin calls, cash management, collateral, and settlement reconciliations.Familiarity with clearinghouses such as CME, ICE Clear, or LCH.Experience working with clearing platforms or operations systems such as GMI, FIS, Calypso, or Murex is a plus.