Squarepoint is a global investment management firm that utilizes a diversified portfolio of systematic and quantitative strategies across financial markets that seeks to achieve high quality, uncorrelated returns for our clients. We have deep expertise in trading, technology and operations and attribute our success to rigorous scientific research. As a technology and data-driven firm, we design and build our own cutting-edge systems, from high performance trading platforms to large scale data analysis and compute farms. With offices around the globe, we emphasize true, global collaboration by aligning our investment, technology, and operations teams functionally around the world.  Building on our quantitative research platform and process-driven approach, Squarepoint also runs discretionary strategies to augment our systematic approach and monetize opportunities which may not be suitable to be traded in a systematic strategy.

Role : Operations Analyst – Metals

Department: Operations

Location : London 

Position Overview: 

• Manage all aspects of a growing physical and derivative Commodities business, including trade validation, maintenance, affirmation, settlement and reconciliation.
• Validate process and settle all periodic events to ensure the integrity of the entire trade life cycle.
• Perform position and cash reconciliations
• Perform trade affirmation in multiple systems (depending on asset type) with counterparties to minimize risk.
• Monitoring T+0 trade capture exceptions.
• Processing option assignments and expiries.
• Onboarding new trading counterparties and exchanges

Required Qualifications

• 4+ years in Commodities back office experience covering trade processing, collateral, confirmations, settlements, cash, position and trade reconciliations.
• Demonstrate proficiency in all types of Commodities, including:
• Futures and Options on exchange
• Future lookalike (swaps) and other OTC products
• OTC products traded bilaterally with physical players
• Paper-like physical ownership, such as Warrants, Pool Accounts, Carbon Certificates etc
• Physical ownership of Commodities (Base, Precious and/or Metal Concentrates is a plus)
• Demonstrate proficiency in all calculations used to support any products in your asset class coverage.
• Understand the importance of our team concept. Establish long-lasting organizational relationships that will foster a productive work environment.
• Demonstrate proficiency in written and oral communication skills.
• Working on system and process improvements, and new business initiatives
• Understand the relevant technology and applications that are required to excel in the role.