Futures & Derivatives Clearing Operations, Risk & Control

Role Overview

• Assist in identifying inherent operational and compliance risks within assigned operational processes.
• Lead process walkthroughs to understand end to end workflows, risks, and key controls.
• Help assess control design and operating effectiveness in line with firmwide control standards.
• Assist with the preparation, execution, and quality assurance of Manager Control Assessments (MCA).
• Support control owners with evidence collection, tracking, and timely completion of MCA deliverables.
• Perform basic quality checks (QC) to ensure MCA inputs are complete, accurate, and aligned to standards.
• Help track governance milestones, attestations, and required approvals.
• Support the identification, documentation, and tracking of control issues and operational risk events.
• Assist in performing root cause analysis by gathering data, process details, and supporting documentation.
• Maintain issue tracker and monitor remediation actions to support timely and sustainable closure.
• Escalate delays, data gaps, or emerging risks to senior team members as appropriate.
• Assist in preparing routine risk and control reporting for operations management.
• Support analysis of trends related to issues, risk events, and control performance.
• Support Operations management in preparing for internal audits and regulatory reviews.
• Assist in responding to Audit or Compliance information requests by coordinating documentation.
• Help ensure awareness of relevant policy updates and procedural changes within the operations team.
• Partner with Operations, Embedded Control Officers, Risk, Compliance, and other control functions to support day to day risk activities.
• Participate in team initiatives focused on strengthening process governance and control resilience.
• Support ad hoc projects related to risk, controls, governance, or process improvement.

Requirements

• Foundational understanding of operational risk and internal controls, or strong interest in developing expertise in this area.
• Strong attention to detail with the ability to follow structured processes and standards
• Analytical mindset with the ability to identify inconsistencies, gaps, or potential risks.
• Effective written and verbal communication skills.
• Ability to manage multiple tasks in a time sensitive, high volume environment.
• Collaborative approach with a willingness to learn from senior team members.
• Working knowledge of Microsoft Office (Excel, Word, PowerPoint).
• Bachelor’s degree (or equivalent experience) in Business, Finance, Risk Management, Operations, or a related field.
• 2–5 years of experience in Operations, Risk & Control, Audit, Compliance, or a related discipline preferred.
• Prior exposure to financial services operations or control environments is an advantage but not required.

Benefits

• medical, dental & vision coverage
• 401(k)
• life, accident, and disability insurance
• wellness programs
• paid time off packages including planned time off (vacation), unplanned time off (sick leave), and paid holidays