Cumberland - a DRW Company is the cryptoasset arm of DRW, established in
2014 after early interest in cryptoassets and their underlying technology.
Today, Cumberland is a global leader in cryptoassets, uniquely positioned
between the traditional financial markets and the cryptoasset ecosystem. From
our offices around the world, we provide 24-hour access to a wide array of
cryptoassets while helping the crypto ecosystem grow and evolve in a
responsible, sustainable way.
As an Operations Analyst in our Chicago office, you’ll help manage the
day-to-day operations of our cryptoasset trading business. You will work
closely with a variety of internal teams and external counterparties and
exchanges to efficiently manage daily workflows and continually refine
operational procedures.
**What you’ll do: **
- Provide operational support for cryptoasset trading business, with an emphasis on optimizing reconciliation and post-trade settlement procedures
- Monitor pending settlements and liaise with counterparties and exchanges as needed to reduce settlement risk
- Collaborate with internal cash management and operations teams to maintain optimal cash reserves for settlements and platform funding
- Identify opportunities for process improvement, technology upgrades and automation
- Utilize technology skills (Excel, VBA, Python or other programming background) to automate operational processes and perform analysis on large data sets
- Provide timely response to counterparty inquiries and requests for settlement information
- Provide additional administrative support to the team as needed
**What we’re looking for: **
- Very strong attention to detail and excellent organizational skills
- Prior settlements and/or trading reconciliation experience; previous experience with Cryptoassets preferred
- Proficiency in Excel (VBA experience a big plus); previous experience working with other tools and/or programming languages for automation and process improvement also highly preferred
- Experience dealing with money transfers/wires and banking platforms with an ability to understand and minimize costs related to overnight funding
- Solid understanding of financial product clearing and settlement processes
- Previous experience working in fast-paced, high-pressure environment
- High sense of urgency and dedication to efficiency
- Demonstrated ability to work independently and complete assigned tasks and projects autonomously
- Ability to provide support in off hours, as needed, to ensure operational continuity in a 24/7 business
- Proven analytical and problem-solving skills
- Bachelor’s degree
The annual base salary range for this position is $90,000 to $135,000,
depending on the candidate’s experience, qualifications, and relevant skill
set. The position is also eligible for an annual discretionary bonus. In
addition, DRW offers a comprehensive suite of employee benefits including
group medical, pharmacy, dental and vision insurance, 401k (with discretionary
employer match), short and long-term disability, life and AD&D insurance,
health savings accounts, and flexible spending accounts
For more information about DRW's processing activities and our use of job
applicants' data, please view our Privacy Notice at <https://drw.com/privacy-
notice>.
California residents, please review the California Privacy Notice for
information about certain legal rights at<https://drw.com/california-privacy-
notice>.
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