Middle Office Operations Analyst

Chicago Trading Company (CTC) is a premier proprietary trading firm specializing in options market making.  Our collaborative culture fuels innovation in quantitative research, systematic trading strategies, and cutting-edge trading technology.  For over three decades CTC has provided critical liquidity across derivatives exchanges worldwide - making them fairer, more transparent, and more efficient.

We strive to be the most innovative firm in the industry today, tomorrow, and long into the future while upholding ethical excellence. We believe that CTC makes a positive impact on the markets, the lives of our employees, and all the communities to which we belong. Started in 1995 by a team of forward-thinking Traders, we are proud to call ourselves an industry leader that keeps making markets and each other better.

The Role: 

As an Analyst in Middle Office, you will directly support our team mission to provide accurate and timely reporting on trading activity and financial metrics, while maintaining strong financial operations controls and data visualizations for our internal customers. You will contribute to our role as an independent control department ensuring P&L accuracy and reconciliation of trades and valuations between trading systems, clearing firms, and account administrators. 

Key Responsibilities: 

• Manage daily reconciliation and reporting of positions, P&L, trading volumes, capital, and other metrics to ensure accuracy and timeliness for business stakeholders. 

• Research trade breaks in collaboration with the trading desks, clearing counterparties and fund administrator across asset classes (equities, fixed income, futures, options, etc.) 

• Support maintenance and validation of financial controls and reporting to provide analysis and performance metrics that help trading desks and leadership quickly assess and improve both current and new business initiatives. 

• Work with the Development teams to help prioritize and identify requirements for reporting and control systems enhancements. 

• Collect and clean trading and financial data to facilitate analysis and visualizations for internal teams. 

• Help maintain and reconcile fee and rebate models, brokerage transactions, and ensure subledger accuracy versus the general ledger. 

• Assist internal audiences in enhancing data flow and reporting accuracy. 

• Collaborate with trading, technology, accounting, and financial planning and analysis teams on workflow improvements. 

Qualifications: 

• Bachelor’s degree in a finance or quantitative discipline. 

• 1-3 years experience in a financial or analytical role. 

• Experience in Middle Office, Trading Operations, or similar functions is a plus. 

• Strong analytical skills and attention to detail. 

• Proficiency in Excel (pivot tables, vlookups); knowledge of SQL and Python is preferred. 

• Effective communicator, collaborative, and eager to learn. 

Most teams at CTC, with the exception of Trading, follow a hybrid workplace model, subject to change based on business need.

Our Benefits 

We strongly believe in the well-being of our employees and their families so we offer outstanding benefits to support you both professionally and personally. These benefits include generous time off, insurance coverage, paid parental leave, free breakfast and lunch (plus healthy snacks, of course), wellness reimbursement, and a variety of other benefits focused on providing the best employee experience. 

(Disclaimer: interns and contractors are not eligible for benefits at CTC) 

Our Commitment to Diversity, Equity and Inclusion

At CTC, we aim to cultivate a workplace that celebrates diversity and each person feels included, engaged and empowered. Where each of us feels we belong. We are committed to having a diverse workforce and are proud to be an equal opportunity employer. CTC does not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. 

If you have a disability and believe you need a reasonable accommodation in order to search for a job opening or to apply for a position, please contact us at [email protected]. Note that emails sent to this email account for non-disability related issues, such as following up on an application, will not receive a response.

Use of Artificial Intelligence (AI)

Information submitted by job applicants may be subject to review and analysis by automated systems, including Artificial Intelligence (AI), as part of the recruitment process. Such systems are utilized to enhance the efficiency and effectiveness of our hiring procedures. Applicants are advised that any information provided may be evaluated by AI tools to ensure an equitable and thorough assessment.