Fee Reconciliation Analyst
Jump Trading is a global trading firm.
About Jump Trading
Jump Trading is a global trading firm focused on research-driven trading and the engineering of scalable models, tools, infrastructure, and execution systems. Its operations combine trading, technology, AI/ML, and quantitative research, and it also runs research and talent programs including conference travel grants and a fellowship program.
Skills
Candidate Availability
Required and preferred rules are kept separate and reflect the wording in the original posting.
About the Role
You will reconcile and validate the firm's global clearing, exchange, and regulatory fees and rebates against monthly third-party reporting from exchanges and brokers. You'll investigate discrepancies, help resolve unreconcilable items with the Fee analyst, monitor statements and invoices for errors, document reconciliations to support fee schedule changes and accruals, and prepare monthly reports. You'll also help develop standards and controls and act as a liaison between several teams. The role requires working from the Chicago office for a portion of each week.
Requirements
- Bachelor's Degree
- At least 5 years of relevant work experience
- Experience with Excel, SQL, and Python
- Ability to work independently and take initiative
- Detail-oriented with excellent documentation skills
- Strong communication skills
- Ability to multitask and prioritize in a fast-paced environment
- Ability to use discretion with confidential material
- Ability to work out of the Chicago office for a portion of each week
Responsibilities
- Perform reconciliations and validations of global clearing, exchange, and regulatory fees and rebates against monthly third-party reporting
- Assist in developing standards, procedures, and internal controls around fee reconciliation
- Collaborate with the Fee analyst to research and resolve unreconcilable items
- Assist with resolving complex requests related to fee setup and allocation
- Monitor statements and invoices for errors in calculations, input, and period-to-period variances
- Document reconciliations to support changes to fee schedules and fee accruals
- Prepare monthly reconciliation reports on all fees reconciled
- Serve as liaison between Business Insights, Trade Accounting, Business Development, and Clearing Teams
- Perform other duties as assigned
Benefits
- Discretionary bonus eligibility
- Medical, dental, and vision insurance
- HSA, FSA, and Dependent Care options
- Employer Paid Group Term Life and AD&D Insurance
- Voluntary Life & AD&D insurance
- Paid vacation plus paid holidays
- Retirement plan with employer match
- Paid parental leave
- Wellness Programs
