Broker Dealer Operations Analyst (Chicago)

We’re Hiring – Broker Dealer Operations Analyst

Location: Chicago, IL (Hybrid)

Phillip Capital Inc., located in Chicago, is dually registered with the SEC/FINRA as a self-clearing Broker Dealer and the Commodity Futures Trading Commission (CFTC) as a registered Futures Commission Merchant (FCM) serving the financial community with customized clearing, custody and global market access solutions.

What We Offer

We provide an environment where you can grow your skills and make meaningful, visible contributions to your team and the broader organization. Our culture is built on integrity, accountability, open communication, and continuous improvement, with a focus on building for the long term. Our office, located in the iconic Board of Trade Building, offers convenient access to Metra and CTA lines and is steps away from restaurants, parks, shopping, and cultural institutions. Building amenities include an onsite gym, indoor bicycle parking, a game room, and a rooftop deck with exceptional views.

About the Role

We are seeking an experienced professional with a background in clearing, settlement, and custody of securities and options in a self-clearing capacity. This is an exciting opportunity for someone who possesses a deep understanding of clearing and settlement and would enjoy working with a growing securities operations team to help drive the company forward.

What You Will Do

• Support the expansion of securities and options execution, clearing, and settlement services through technology-enabled solutions, with a focus on straight-through processing, automated reconciliations, and scalable frameworks.
• Execute daily clearing and custody operations, including trade settlement, pledging, options exercise and assignment, expiration processing, corporate actions, and position transfers.
• Apply subject-matter expertise to identify, analyze, and resolve securities and options trade settlement breaks in a timely manner.
• Collaborate across teams to ensure compliance with regulatory requirements and recordkeeping standards under SEC and FINRA guidelines.
• Assist with internal reviews and periodic regulatory and external audit examinations.
• Develop, enhance, and document operational processes related to new products, workflows, and system enhancements.

Qualifications

• Minimum of 3 years of experience within a self-clearing broker-dealer, with a strong focus on securities and options.
• Solid understanding of core securities industry infrastructure, including DTCC, NSCC, and OCC.
• Demonstrated analytical capability with the ability to identify, assess, and remediate process or system inefficiencies.
• Strong working knowledge of SEC and FINRA rules and regulatory requirements.
• High level of proficiency in Microsoft Office applications, particularly Excel.
• Proven ability to manage multiple priorities efficiently while maintaining a consistently low error rate.
• Experience with SQL, Python, Power Automate, or other low-code/no-code solutions is preferred.
• Exceptional attention to detail, effective time management, and strong communication and organizational skills.
• Unwavering integrity, coupled with the ability to acknowledge errors and continuously improve.
• Series 7 and/or Series 24 registration preferred, or willingness to obtain.

To be considered for this position, please apply via LinkedIn or submit a resume directly to [email protected] with “BD Ops Analyst” in the subject line. Phillip Capital Inc. will not consider candidates sent by recruiters for this position.