Futures Clearing Trade Analyst

About the Company

Cantor Fitzgerald is a leading global financial services firm specializing in investment banking, capital markets, institutional equity and fixed income sales and trading, commercial real estate, and prime brokerage. With a legacy of over 75 years of financial innovation and integrity, Cantor operates across major financial centres worldwide, delivering excellence and trusted expertise to its clients.

About the role

This role supports the full end‑to‑end clearing lifecycle for listed futures and options and plays a key role in ensuring accurate trade processing, strong controls, and compliance with clearing house and regulatory requirements.

This position is well suited to a candidate who has at least six months of hands‑on, relevant experience within futures or ETD clearing operations and is looking to continue building specialist expertise within a fast‑paced, high‑standards environment.

Key responsibilities

• Validate futures and options trade flow from front‑office systems through to clearing houses.
• Monitor intraday and end‑of‑day positions, ensuring accuracy and completeness.
• Investigate and resolve trade breaks, clearing exceptions, and unmatched trades.
• Perform daily cash, balance, and position reconciliations between internal systems and CCPs or clearing brokers.
• Review initial and variation margin calls issued by clearing houses.
• Support margin payments and collateral movements in coordination with Treasury teams.
• Liaise with clearing houses and brokers (e.g. ICE, CME, Eurex) regarding trade queries, margin issues, and operational events.
• Support product lifecycle events including contract expiries, rolls, deliveries, and option exercises.
• Ensure adherence to regulatory and exchange requirements (e.g. EMIR, MiFID II).
• Identify processing inefficiencies and contribute to automation or workflow improvement initiatives.
• Support system enhancements, UAT testing, and process change initiatives.

The Ideal Candidate Will Bring:

• A minimum of 6 months of relevant, hands‑on experience within futures clearing, ETD operations, listed derivatives operations, or a closely related function (this is essential) .
• Practical understanding of futures and options products and the ETD trade lifecycle.
• Exposure to margin processes and clearing house interaction.
• Strong attention to detail and a control‑focused mindset.
• Ability to work under pressure in a deadline‑driven environment.
• Strong Excel skills (pivot tables, formulas; VBA an advantage).
• Familiarity with ETD operational systems such as GMI, SEALS, ATEO/LISA, exchange GUIs, or reconciliation tools such as DUCO.
• Clear communication skills and willingness to engage with internal and external stakeholders.

Personal Attributes:

• Professional, motivated, and eager to develop specialist clearing expertise.
• Proactive with strong problem‑solving skills.
• Reliable, resilient, and capable of managing competing priorities.
• Comfortable working in a fast‑paced, operational environment.
• Strong sense of ownership and accountability.