BB Energy
Purpose of the Role
Support the BBE US Business By Managing cleared financial products
Accountabilities/Key Result Areas
Trade Capture & Clearing
Ensure accurate and timely submission of futures and options trades to clearinghouses (NYMEX, CME, ICE, etc.). Monitor trade status and resolve unmatched or failed trades with brokers, exchanges, and internal teams.
Margin & Collateral Management
Monitor daily margin requirements and collateral postings with clearinghouses. Coordinate with Treasury and Risk teams to ensure adequate liquidity coverage.
Reconciliation & Reporting
Perform daily reconciliations of exchange clearing accounts, variation margin, and initial margin movements. Investigate and resolve discrepancies between internal systems, brokers, and clearinghouses. Prepare and deliver daily/weekly/monthly clearing reports to management.
Risk & Compliance
Ensure adherence to regulatory guidelines and internal policies for exchange-traded products. Support audits and regulatory inquiries by providing timely and accurate information.
Process Improvement
Identify opportunities to streamline clearing processes, enhance controls, and leverage automation. Partner with Technology, Middle Office, and Risk to improve efficiency and reduce operational risk.
Performance Behaviours
Strong Analytical Mindset Excellent Communicator Collaborative Thinker High Integrity Skills and experience
Essential:
2+ years' experience in a similar role. Good understanding of exchange traded derivatives products. Preferable:
Worked with Symphony or Right Angle ETRM. Experience working with SQL or other coding languages. Knowledge of regulatory risk requirements.
Support the BBE US Business By Managing cleared financial products
Accountabilities/Key Result Areas
Trade Capture & Clearing
Ensure accurate and timely submission of futures and options trades to clearinghouses (NYMEX, CME, ICE, etc.). Monitor trade status and resolve unmatched or failed trades with brokers, exchanges, and internal teams.
Margin & Collateral Management
Monitor daily margin requirements and collateral postings with clearinghouses. Coordinate with Treasury and Risk teams to ensure adequate liquidity coverage.
Reconciliation & Reporting
Perform daily reconciliations of exchange clearing accounts, variation margin, and initial margin movements. Investigate and resolve discrepancies between internal systems, brokers, and clearinghouses. Prepare and deliver daily/weekly/monthly clearing reports to management.
Risk & Compliance
Ensure adherence to regulatory guidelines and internal policies for exchange-traded products. Support audits and regulatory inquiries by providing timely and accurate information.
Process Improvement
Identify opportunities to streamline clearing processes, enhance controls, and leverage automation. Partner with Technology, Middle Office, and Risk to improve efficiency and reduce operational risk.
Performance Behaviours
Strong Analytical Mindset Excellent Communicator Collaborative Thinker High Integrity Skills and experience
Essential:
2+ years' experience in a similar role. Good understanding of exchange traded derivatives products. Preferable:
Worked with Symphony or Right Angle ETRM. Experience working with SQL or other coding languages. Knowledge of regulatory risk requirements.