23 Sep
|
Rothera
|
Sydney
Building markets for the new trading frontier.
Bringing the future into focus.
Rothera is building the premier prediction market in partnership with Robinhood and Susquehanna International Group.
By empowering traders to take positions on the events that shape our world Rothera's platform harnesses the scale and power of financial markets to produce timely, unique, and effective information discovery for leaders and decision makers to ask and answer their most significant questions.
Rothera operates at the frontier, generating market-driven forecasts that turn intuition into insight.
About the role
The Market Operations Specialist is responsible for providing real-time support to Rothera's clients and key internal stakeholders, maintaining a fair and orderly market, and monitoring the stability of Rothera's systems. Specialists engage directly with Rothera's clients, engineers, product managers, and executive leaders to resolve mission-critical questions and issues.
Market Operations Specialists are resourceful, gritty, and adaptable problem solvers. They can work both collaboratively and independently to methodically diagnose and resolve complex technical challenges.
Markets are constantly changing, and Specialists regularly face time-sensitive, unstructured challenges in high-visibility situations. In partnership with Rothera's engineers, Specialists use their deep understanding of Rothera's clients and fluency with Rothera's proprietary datasets to uncover traders' problems and identify actionable solutions.
What you'll do
Develop expertise with Rothera trading systems, market functionality, order types and external interfaces
Provide technical and non-technical support for market participants, including futures commission merchants ("FCMs"), clearing banks, and other industry partners to resolve issues related to market access or usage of Rothera's trading, clearing, or data services
Synthesize user feedback and coordinate communications when escalating critical system issues to Rothera engineers
Monitor Rothera system integrity and maintain control of Rothera's trading environment
Maintain Rothera's listed event contracts, ensuring accurate product specifications, trading parameters, and settlement terms
Execute and maintain Rothera's operational procedures
Design, build, and maintain automation scripts used by the Market Operations team
Maintain and enhance Rothera's user-facing technical documentation, e.g. FIX Specifications, Connectivity Guides, etc.
Perform log analysis and packet capture review to diagnose latency, execution, and trade integrity issues within Rothera's trading and clearing environments
Oversee the daily settlement process for cleared transactions, including cash movements and payment instructions
Perform reconciliations on all daily activities, including trade executions, cash collateral transactions, and contract settlements, promptly resolving breaks and discrepancies
Manage the end-to-end clearing lifecycle, including position maintenance, collateral management, and delivery processing
Collaborate with internal teams at Rothera, including Technology Operations, Product Management, Sales, Quality Assurance, Compliance, and Regulation
What you'll bring
Bachelor's degree (ideally with a focus in economics, finance, computer science, mathematics, or information systems), or an equivalent combination of education and professional experience
5+ years of experience in trade support, quantitative trade consulting, middle-office operations, or financial-industry compliance,
or 5+ years experience in a system engineering or development operations role within an institutional trading or exchange environment
Track record of successful front- or mid-office support or operational experience in electronic trading, ideally with an exchange, broker-dealer, or quantitative asset management firm
Basic Python programming experience, e.g., composition of simple scripts to automate manual processes or assist with routine assignments
Data analysis or experience using Python or SQL to query and interpret large datasets
Proven understanding of electronic trading systems, matching engine mechanics, and market connectivity concepts
Disciplined attention to detail
Excellent verbal and written communication skills
Availability and commitment to flexibly accommodate an event-driven work schedule and an on-call environment
Desired, but not required
Professional experience related to the trading, clearing, or settlement of exchange-listed derivative products
Familiarity and demonstrated experience with FIX Protocol
Some ability to apply complex queries to large datasets and analyze query results
Familiarity with an automation scheduling tool like Rundeck
Why you should join the mission
If you want a critical role in a path-breaking company, you belong here.
Rothera Markets values initiative from individuals of all backgrounds. We are proud to be an inclusive workplace and do not discriminate on the basis of race, religion, national origin, age, disability or handicap, sex, marital status, veteran status, sexual orientation, or any other characteristic protected by applicable federal, state or local laws.
This is a full-time, in-person hybrid position. This position is not available for visa sponsorship now or in the future. Candidates must be authorized to work without company sponsorship on a permanent, indefinite basis.
📌 Market Operations Specialist (Sydney)
🏢 Rothera
📍 Sydney