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Validate exchange rebate invoices from exchanges and brokers for accuracy against fee schedules, trade activity, and contractual terms. - Investigate and resolve discrepancies, working with exchanges, brokers, and internal stakeholders to obtain corrected invoices or adjustments as needed. - Collaborate with Accounts Payable to ensure timely and accurate payment of exchange and brokerage invoices, including proper coding, approval workflows, and payment reconciliations. - Partner with Accounting to ensure all spend is properly accounted for in the general ledger. - Analyze fee trends, rebate programs, and cost-saving opportunities; prepare management-friendly reports and dashboards; drive data-driven process improvements. - Work with Operations to ensure fee and rebates are appropriately captured in back office systems ensuring clean reconciliations with banks and brokers. - Own accrual reconciliation process while working to enhance completeness and accuracy. - Act as a subject matter expert for exchange rebate programs. Prepare fee reporting by product and exchange. Analyze fee trends, rebate programs; address ad-hoc request for information to management. - Collaborate on cross-functional projects to optimize end-to-end trade lifecycle processes and control environments. What you’ll need for this role:
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Bachelor’s degree in Finance, Accounting, Economics, or a related field
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7-10+ years of previous experience working in trading firms, prime brokerage, hedge funds, or other similar asset management firms preferred
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Strong organization skills and detail orientation, with ability to prioritize, multitask and effectively
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Strong analytical and critical-thinking skills; demonstrated ability to identify issues, assess options, and implement solutions. - Advanced Excel skills (pivot tables, VLOOKUP, index/match, dashboards). - Familiarity with accounting processes (AP, GL, month-end close) and internal control frameworks. - Excellent communication and collaboration skills; proven ability to work with cross-functional teams (AP, Accounting, Operations, Front Office). The annual base salary range for this position is $120,000 to $150,000 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**.**
