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IT Associates

Trading Operations Analyst

IT Associates, Chicago, Illinois, United States

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We are seeking a highly detail‑oriented and motivated

Operations Analyst

to join our growing team. The ideal candidate will have 1–3 years of financial services experience, with a focus on

trade settlements

and a strong understanding of

fixed income

and

ETF products . This role requires a proactive self‑starter who can work independently under daily deadlines while maintaining accuracy and efficiency in a fast‑paced environment.

As part of the Operations team, you will work closely with

traders, portfolio managers, custodians, and internal technology groups

to ensure accurate and timely trade processing across the full trade life cycle.

Key Responsibilities

Perform all daily operational functions within the

trade life cycle , including trade confirmation, allocation, and settlement.

Reconcile

end‑of‑day (EOD)

cash and position balances, resolving any discrepancies in coordination with internal and external parties.

Manage and process all required

SPOs (Special Processing Orders)

and ensure timely trade communication from internal systems to external counterparties.

Collaborate with

traders, portfolio managers , and other support teams to ensure smooth trade execution and resolution of settlement issues.

Research and resolve

trade confirmation and settlement breaks , working closely with brokers, custodians, and internal departments.

Process

factor and coupon updates

and ensure timely reflection in internal systems.

Conduct daily

position and transaction reconciliations

between custodians and internal accounting systems.

Support

compliance reporting , regulatory documentation, and other operational control tasks.

Handle

ad hoc operational requests , analysis, and projects as needed.

Qualifications

1–3 years

of experience in financial operations, with a focus on

trade settlements

or

middle office functions .

Strong knowledge of

fixed income ,

ETFs , and

physical settlements

(DTC, FED, etc.).

Excellent

organizational skills

and a commitment to building efficient and scalable workflows.

Ability to

work independently , manage multiple priorities, and meet tight daily deadlines.

Strong

analytical and problem‑solving

skills, with attention to detail and accuracy.

Professional and effective

communication skills , both verbal and written.

Proficiency in

MS Office , especially

Excel (advanced skills preferred) .

Experience with

Bloomberg

and familiarity with industry settlement platforms preferred.

Bachelor’s degree in

Finance, Accounting, Economics, or related field

required.

Key Attributes

Self‑starter who takes initiative and ownership of deliverables.

Team‑oriented with a collaborative mindset.

Adaptable in a dynamic, high‑volume trading environment.

Strong desire to learn and contribute to process improvement.

The anticipated salary range for this position is ($75,000-$85,000). Actual salary will be based on a variety of factors including relevant experience, knowledge, skills and other factors permitted by law. A range of medical, dental, vision, retirement, paid time off, bonus and/or other benefits are available.

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