Operations

The Firm

XTX Markets is a leading algorithmic trading company partnering with counterparties, exchanges and e-trading venues globally to provide liquidity in the Equity, FX, Fixed Income and Commodity markets. We provide consistent liquidity, helping market participants throughout the world obtain the best prices in the various assets classes we cover, regardless of changing market conditions.

At XTX Markets technology is our business and we are a diverse organisation which attracts outstanding talent from across all industry backgrounds. We are focused on teamwork and our people collaborate on all aspects of the business, working openly and with respect for each other, our clients and the market. Our culture is non-hierarchical and one where everyone is valued. We strive for excellence in everything we do.

The Role

An Operations role at XTX will provide exposure to all areas of the business. You will have the opportunity to take ownership over processes early on. With guidance of the team, candidates will work to improve and develop new processes. Resolving daily issues will mean interacting with other teams and external counterparties regularly. Our ethos is to develop robust, scalable solutions that improve the efficiency of the team and accuracy of our data.

This is an opportunity to take part in the growth of a company where your decisions make a difference. The impact of Operations is far beyond what you usually see within large institutions. XTX are looking for business-minded candidates with enthusiasm and initiative. The role is an opportunity to contribute to a small team with new ideas and make a real and positive impact to the team itself as well as the firm.

The role is based in Mumbai and will focus on supporting exchanges in India regulated by SEBI.

Responsibilities

  • Self-clearing and pre/post trade activities across all segments
  • Trade support & daily reconciliations of cash, positions, and trading activity
  • Liaising with counterparties on daily issues
  • Managing cashflow and stockflow across multiple clearing corporations
  • Live risk/capital monitoring and escalation
  • Ad-hoc trade executions
  • Ad-hoc data analysis and report generation
  • BCP Planning and execution; trading and limit administration
  • Onboarding new exchanges, or products as the business expands
  • Work with the technology team to develop new tools and applications

Essential Attributes

  • Experience of the operational processes (settlement, clearing, margin etc.) of various Indian Equities or Future/Options markets and an excellent understanding of how they work. Knowledge of self-clearing would be advantageous
  • Experience using Excel for data manipulation
  • A first-class degree in a quantitative or scientific field is preferred
  • Strong analytical and problem-solving skills
  • Diligent, focused and prepared to take ownership. The individual will be supported by the Operations team globally but must be prepared to work independently from the Mumbai office
  • A demonstrated aptitude and interest in process improvement

Contact: careers@xtxmarkets.com