A Trading Operations Specialist is a professional who ensures the smooth and accurate execution and settlement of trades in financial markets. They work closely with traders, brokers, and custodians to manage trade flow, resolve discrepancies, and maintain accurate records. Their responsibilities include monitoring regulatory processes, managing trade clearance and settlement, and collaborating on improving operational workflows. 

This video explains the different roles and responsibilities within the Operations team at Jane Street:



1m





Jane Street

YouTube · 23-May-2023

Here's a more detailed breakdown:

Key Responsibilities:

Trade Execution and Monitoring:

Overseeing the execution of trades across various markets, ensuring they are processed accurately and efficiently.

Trade Settlement:

Working with custodians and brokers to ensure trades are settled on time and discrepancies are resolved.

Reconciliation:

Reconciling trades with counterparties, clearinghouses, and internal systems to ensure accuracy of records.

Operational Process Improvement:

Collaborating with internal teams to enhance trading workflows and systems.

Regulatory Compliance:

Monitoring regulatory processes and ensuring compliance with relevant rules and regulations.

Communication:

Interacting with traders, brokers, and other stakeholders to facilitate trade execution and resolve issues.

Risk Management:

Contributing to risk management efforts by monitoring trades and identifying potential issues.

New Market/Asset Class Support:

Participating in the development of new trading capabilities and supporting the introduction of new products or markets. 

Skills and Qualifications:

Strong analytical and problem-solving skills.

Excellent communication and interpersonal skills.

Ability to work under pressure and meet deadlines.

Familiarity with trading platforms and systems.

Knowledge of financial markets and trading processes.

Attention to detail and accuracy.

Ability to work both independently and as part of a team.