Brokerage & Trading Operations Analyst

At Mako, we believe in the power of collaboration to drive innovation in pursuit of our collective ambition; excellence in trading. Our diverse community is connected through a commitment to being the best we can be with the highest standards of integrity.

The finance team drives success by managing accounts payable, bookkeeping, budgeting, forecasting, and cash management. They ensure compliance through regulatory reporting and audits while maintaining financial integrity and shaping Makos strategic financial future.

The Brokerage & Trading Operations Analyst will take ownership of the brokerage cost process, ensuring accurate reconciliation between broker invoices and trading system accruals. The role will involve working with traders to investigate and resolve variances, adjusting desk P&L where required, and coordinating with finance to ensure accurate and timely payments.

In addition, the role will contribute to the ongoing improvement and automation of brokerage and trading operations processes. The successful candidate will be expected to enhance reconciliation workflows, reduce manual intervention, and support the development of scalable solutions across the brokerage function. Over time, this role offers the opportunity to expand into broader middle office process optimisation and automation initiatives.

 

What you’ll be involved in:

• Processing broker invoices and ensuring accurate cost capture
• Reconciling broker charges to trading system accruals
• Investigating and resolving variances with traders
• Adjusting desk P&L to reflect accurate brokerage costs
• Coordinating with finance to ensure timely and accurate payments
• Maintaining strong control over brokerage processes
• Taking ownership of brokerage reconciliation workflows
• Identifying and resolving inefficiencies in reconciliation and reporting
• Enhancing and completing automation of brokerage processes
• Contributing to broader middle office and trading operations improvements

 

What we need from you:

• Strong analytical and problem-solving skills
• High attention to detail and accuracy
• Confidence working with data and reconciling discrepancies
• Strong communication skills, including working with traders
• Ability to work in a fast-paced, detail-focused environment
• Curiosity about systems, data, and how processes can be improved
• Interest in automation, technology, and AI tools
• Willingness to take ownership and improve processes over time
• Evidence of interest in:
  • Technology
  • Process improvement
  • AI tools (e.g. ChatGPT, Python, automation tools, advanced Excel)

 

We are Mako

At Mako, we are welcoming, inclusive and collaborative. We work fast and smart in a supportive and dress-down environment that allows colleagues to be themselves and achieve great things. We uphold the principles of a flat structure that offers unrivalled engagement with senior leadership and career development opportunities. We have a comprehensive benefits package, including:

• Flexible leave and hybrid working policies
• Private health and dental insurance
• Generous pension scheme
• Free access to the Mako gym
• Employee wellbeing guidance and support
• Opportunity to become involved in the rewarding work of the Mako Foundation

 

About Mako

Mako is a leading options market maker with a global trading footprint. It has been at the forefront of options market making since 1999, from the open outcry trading pits to screen trading and automated algorithmic execution strategies that are driving the future of the industry.

From offices in London, Dublin, Amsterdam, Singapore, Sydney, Brisbane and Chengdu, Mako offers the best-in-class liquidity solutions across Equities, Fixed Income, Commodities and FX derivatives markets and prides itself in its entrepreneurial, collaborative and philanthropic culture.

 

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