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DRW

Trading Operations Analyst - Cryptoassets

DRW, Chicago, Illinois, United States, 60290

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Trading Operations Analyst - Cryptoassets Chicago

Cumberland - a DRW Company

is the cryptoasset arm of DRW, established in 2014 after early interest in cryptoassets and their underlying technology. Today, Cumberland is a global leader in cryptoassets, uniquely positioned between the traditional financial markets and the cryptoasset ecosystem. From our offices around the world, we provide 24-hour access to a wide array of cryptoassets while helping the crypto ecosystem grow and evolve in a responsible, sustainable way.

As a

Operations Analyst

in our Chicago office, you’ll help manage the day-to-day operations of our cryptoasset trading business. You will work closely with a variety of internal teams and external counterparties and exchanges to efficiently manage daily workflows and continually refine operational procedures.

Responsibilities

Provide operational support for cryptoasset trading business, with an emphasis on optimizing reconciliation and post-trade settlement procedures

Monitor pending settlements and liaise with counterparties and exchanges as needed to reduce settlement risk

Collaborate with internal cash management and operations teams to maintain optimal cash reserves for settlements and platform funding

Identify opportunities for process improvement, technology upgrades and automation

Utilize technology skills (Excel, VBA, Python or other programming background) to automate operational processes and perform analysis on large data sets

Provide timely response to counterparty inquiries and requests for settlement information

Provide additional administrative support to the team as needed

Qualifications

Very strong attention to detail and excellent organizational skills

Prior settlements and/or trading reconciliation experience; previous experience with Cryptoassets preferred

Proficiency in Excel (VBA experience a big plus); previous experience working with other tools and/or programming languages for automation and process improvement also highly preferred

Experience dealing with money transfers/wires and banking platforms with an ability to understand and minimize costs related to overnight funding

Solid understanding of financial product clearing and settlement processes

Previous experience working in fast-paced, high-pressure environment

High sense of urgency and dedication to efficiency

Demonstrated ability to work independently and complete assigned tasks and projects autonomously

Ability to provide support in off hours, as needed, to ensure operational continuity in a 24/7 business

Proven analytical and problem-solving skills

The annual base salary range for this position is $90,000 to $135,000, depending on the candidate’s experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus. In addition, DRW offers a comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts.

Voluntary Self-Identification For government reporting purposes, we ask candidates to respond to the below self-identification survey. Completion of the form is voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information you provide will be recorded and maintained in a confidential file.

As set forth in DRW's Equal Employment Opportunity policy, we do not discriminate on the basis of any protected group status under any applicable law.

If you believe you belong to any categories of protected veterans listed below, please indicate by making the appropriate selection. As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information to measure the effectiveness of outreach and positive recruitment efforts under VEVRAA. Classification of protected categories is as follows:

A "disabled veteran" is one of the following: a veteran entitled to compensation under laws administered by the Secretary of Veterans Affairs; or a person discharged for a service-connected disability.

A "recently separated veteran" means a veteran within the three-year period following discharge or release from active duty.

A "active duty wartime or campaign badge veteran" means a veteran who served on active duty during a war or campaign for which a badge has been authorized.

An "Armed forces service medal veteran" means a veteran who, while on active duty, participated in a U.S. military operation for which an Armed Forces service medal was awarded.

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