Operations Analyst -Futures

Category: Operations
Location: Jersey City, NJ
Job ID: IRC130777
Posted Date: February 9, 2018


E*TRADE is a leading financial services company and a pioneer in the online brokerage industry. Having executed the first-ever electronic trade by an individual investor more than 30 years ago, the company has long been at the forefront of the digital revolution, offering easy-to-use solutions for individual investors and stock participants. Founded on the principle of innovation and determined to level the playing field for individual investors, E*TRADE delivers digital platforms, tools, and professional assistance to help investors and traders meet their near-and long-term investing goals. The Company provides these services both online and through its network of customer service representatives and financial consultants – over the phone at two national branches and in-person at 30 E*TRADE branches.


ETRADE has a great opportunity to join our Operations team as an Operations Analyst based in Jersey City, NJ. You will be responsible for coordination of the client documentation and working with clients and brokers in our newly created Futures team.


● Reconcile daily futures margin calculation to the total position by contract type and unrealized gain/loss

● Monitoring posting activity related to derivative collateral holdings

● Calculate the daily gain/loss on futures contracts (market- to-market)

● Analyze when collateral is required for option trades, reconcile currency balances required for net forward settlement

● Prepare, review and analyze statistical data and reports

● Perform month end reconciliations

● Follow all established operating, risk, and compliance controls and standard operating procedures.

● Collaborate with E*TRADE Client Services to facilitate customer reach-out efforts


Basic Qualifications:

● 1-3 years of Financial Services Operations experience

● Excellent analytical skills and attention to detail

● Ability to handle multiple tasks as well as daily deliverables

● Experience with Microsoft Office, particularly Excel

● Demonstrated teamwork skills

● Effective verbal communication and ability to perform outbound phone calls to clients

● Able to work under pressure and time constraints with a sense of urgency


● Bachelor’s degree preferred. Candidate’s with an equivalent combination of education, training and professional experience will also be considered.


We offer a competitive and comprehensive benefits package. Please visit https://etradecareers.com/why-work-at-etrade/employee-benefits to learn more about the opportunities.

E*TRADE Financial is an Equal Opportunity Employer who encourages diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, disability, citizenship, marital status, sexual orientation, gender identity, military or protected veteran status, or any other characteristic protected by applicable law.


Upcoming E*TRADE career events

Tue 20

Kennesaw State 

February 20 @ 12:00 pm - 4:00 pm
Wed 21

Utah Valley Job Fair 

February 21 @ 12:00 pm - 3:00 pm
Thu 22

George Mason University 

February 22 @ 11:00 am - 4:00 pm
Wed 28

Utah State University 

February 28 @ 9:30 am - 2:30 pm
Wed 28

San Jose State

February 28 @ 10:00 am - 3:00 pm