Market Operations Specialist
Build the market that brings the future into focusRothera Markets is building a world-changing prediction market in partnership with some of the financial industry's leading global brokerage and trading firms.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 important questions.Rothera operates at the frontier, generating market-driven forecasts that turn intuition into insight.About The RoleThe 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 doDevelop expertise with Rothera trading systems, market functionality, order types and external interfacesProvide 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 servicesSynthesize user feedback and coordinate communications when escalating critical system issues to Rothera engineersMonitor Rothera system integrity and maintain control of Rothera's trading environmentMaintain Rothera's listed event contracts, ensuring accurate product specifications, trading parameters, and settlement termsExecute and maintain Rothera's operational proceduresDesign, build, and maintain automation scripts used by the Market Operations teamMaintain 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 environmentsOversee the daily settlement process for cleared transactions, including cash movements and payment instructionsPerform reconciliations on all daily activities, including trade executions, cash collateral transactions, and contract settlements, promptly resolving breaks and discrepanciesManage the end-to-end clearing lifecycle, including position maintenance, collateral management, and delivery processingCollaborate with internal teams at Rothera, including Technology Operations, Product Management, Sales, Quality Assurance, Compliance, and RegulationWhat you'll bringBachelor's degree (ideally with a focus in economics, finance, computer science, mathematics, or information systems), or an equivalent combination of education and professional experience5+ 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 environmentTrack record of successful front- or mid-office support or operational experience in electronic trading, ideally with an exchange, broker-dealer, or quantitative asset management firmBasic Python programming experience, e.g., composition of simple scripts to automate manual processes or assist with routine assignmentsData 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 conceptsDisciplined attention to detailExcellent verbal and written communication skillsAvailability and commitment to flexibly accommodate an event-driven work schedule and an on-call environmentDesired, but not requiredProfessional experience related to the trading, clearing, or settlement of exchange-listed derivative productsFamiliarity and demonstrated experience with FIX ProtocolSome ability to apply complex queries to large datasets and analyze query resultsFamiliarity with an automation scheduling tool like RundeckBenefits and Compensation:This position has a base salary of $125,000-$150,000 per year.Rothera Markets is dedicated to advancing the careers and personal wellbeing of our team members. We are continuously exploring ways to support our employees holistically, including a 401(k) plan with employer match, health, vision, and dental insurance for employees and eligible dependents, paid time off, and much more.Why you should join the missionIf 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 and is not available for visa sponsorship.