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Operations Reconciliations Manager

at StoneX in Chicago, Illinois, United States

Job Description

To plan and oversee day-to-day operation of StoneX Reconciliations team. This includes overseeing the daily reconciliation of StoneX’s position and valuations with the clearinghouses, carrying brokers, prime brokers and back-to-back accounts, as well as monitoring position management.

+ To ensure through completion in reconciling daily activity including trade activity, positions and valuation.

+ Confirm all reconciliations are completed in a timely manner to minimize firm risk.

+ Work with Internal Audit to ensure key controls are evidenced.

+ Create and revise current processes and procedures by analyzing operating practices, record-keeping systems, forms of control, and budgetary and personnel requirements to maximize group effectiveness.

+ Establish proper escalation protocols issues; mediate where required.

+ Identify metrics to measure efficiency and performance; create and generate reports to senior management; study methods encompassed in Investigations; monitor personnel and resources.

+ Maintain staff by selecting, orienting, and training employees; developing personal growth opportunities as well as assist in mediating issues which arise within responsible groups.

+ Collaborate with all managerial staff to provide the best Operational experience for brokers, customers, etc.

+ Lead monthly employee meetings to communicate and measure expectations.

+ Enforce and adhere to StoneX corporate culture and employee policies.

+ Maintain prompt and regular attendance.

+ Bachelor’s Degree Business Administration, Finance, Economics or Accounting preferred.

+ 10 + years’ experience in Futures and Options Operations.

+ Strong leadership, cross-functional collaboration and relationship building skills with experience managing virtual teams comprised of technology and business SMEs across locations.

+ Demonstrate a history of successful cross-departmental collaboration within a technical environment.

+ Good understanding of IT oriented methods and approaches (knowledge of database programming a plus; able to work well and communicate with IT Developers).

+ Ability to manage multiple tasks and priorities, analyze complex problems and suggest appropriate solutions.

+ Excellent communication skills, able to communicate clearly and succinctly, both verbally and in writing.

+ Strong organizational skills required.

Requisition ID: 2023-8318

External Company Name: StoneX Group

External Company URL: https://www.stonex.com/

Street: 230 S LaSalle Suite 10-500

Could this position be fully Remote?: No

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Job Posting: JC232938712

Posted On: Jan 26, 2023

Updated On: Aug 28, 2023

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