Chicago, IL, US
223 days ago
Specialist I - Settlements - Deliveries
Welcome page Returning Candidate? Log back in! Specialist I - Settlements - Deliveries Job Locations US-IL-Chicago ID 2023-9255 Category Operations Position Type Regular Overview

Responsible for handling the delivery process of Futures contracts across all member markets that upon expiry are settled by actual physical delivery of the underlying commodity as well as option life cycle events.

Responsibilities Processing both physical deliveries and cash settlements for all applicable cleared Futures contracts.Review customer and firm positions to ensure they comply with firm’s delivery procedures.Monitoring and managing position limits as well as confirming and correcting position reporting as necessary.Effectively communicating notification of exercise and assignments as well as first and last notice dates. Assessing and confirming client capability to complete delivery in compliance with StoneX and exchange rules.Monitoring long position in spot month for physically deliverable commodities.Managing option expirations and assignments. Qualifications College degree preferred or equivalent work/military experience.Ability to work in a fast paced, deadline-driven environment.Prior experience in deliveries and/or Futures Operations required.Familiar with the various exchange delivery applications.An understanding of regulatory requirements of deliverable contracts. Strong work ethic and emphasis on attention to details.Strong organizational and communication skills.Excellent interpersonal and customer service skills.Must be authorized to work in the U.S.

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