Jump Trading Group is committed to world class research. We empower exceptional talents in Mathematics, Physics, and Computer Science to seek scientific boundaries, push through them, and apply cutting edge research to global financial markets. Our culture is unique. Constant innovation requires fearlessness, creativity, intellectual honesty, and a relentless competitive streak. We believe in winning together and unlocking unique individual talent by incenting collaboration and mutual respect. At Jump, research outcomes drive more than superior risk adjusted returns. We design, develop, and deploy technologies that change our world, fund start-ups across industries, and partner with leading global research organizations and universities to solve problems.
Are you a highly organized, strong communicator with an interest in our industry? Do you have an analytical mind, enjoy solving challenging problems, a desire to join a fast paced, collaborative team environment, and an intellectual curiosity that pushes you to reach your fullest potential? If so, this role may be a good fit for you.
As a member of our greater Finance team, you will be faced with new challenges that will continuously leave you looking for ways to add value to the team and business units. The primary role of the Fee Reconciliation Analyst is to ensure that procedures and controls around fee reconciliation processes are effective and efficient; and that such processes should help to prevent significant errors that may arise in negative financial impact to trading teams.
The Fee Reconciliation Analyst will be a key player in reviewing the firm’s existing fee set-ups, resulting calculations and outputs against third-party reporting, identifying unexpected discrepancies, and making efforts to investigate all items that do not agree to third-party statements with the aim of reconciling them.
What You'll Do:
- Perform reconciliations and validations of the firms’ global clearing, exchange, and regulatory fees and rebates as calculated within internal systems against monthly reporting from third parties such as exchanges and brokers.
- Assist in the development of standards, procedures, and internal controls around fee reconciliation activities.
- Collaborate with the Fee analyst to research and provide resolutions for unreconcilable items.
- Demonstrate the ability to understand and assist with the resolution of complex requests related to all components of the fee setup and allocation process.
- Proactively monitor fee information on statements and invoices for errors with calculations, input, and variances in fees from one period to another.
- Provide documentation of reconciliations for the purpose of supporting changes to fee schedules and fee accruals.
- Prepare monthly reconciliation reports regarding all fees reconciled.
- Serve as a key liaison between the Business Insights, Trade Accounting, Business Development, and Clearing Teams.
- Other duties as assigned or needed.
Skills You’ll Need:
- Ability to work independently and take initiative to define and resolve problems.
- Detail-oriented, organized, and excellent documentation skills.
- Collaborative and able to build and sustain relationships with colleagues.
- Strong communication skills.
- Ability to multitask and prioritize multiple projects in a fast-paced environment.
- Flexible, conscientious, and easily adaptable to constant change.
- Professional demeanor and ability to use discretion when working with confidential material.
- Reliable and predictable availability, including the ability to work out of our Chicago office for a portion of each week.
Minimum Qualifications:
- Bachelor's Degree required.
- At least 5 years of relevant work experience.
- Experience with Excel, SQL, and Python.
Benefits
- Discretionary bonus eligibility
- Medical, dental, and vision insurance
- HSA, FSA, and Dependent Care options
- Employer Paid Group Term Life and AD&D Insurance
- Voluntary Life & AD&D insurance
- Paid vacation plus paid holidays
- Retirement plan with employer match
- Paid parental leave
- Wellness Programs
From Jump Trading's posting. See the original
