Winner of Built In's 2025 Best Places to Work in Chicago & Midsize Companies to Work For in Chicago
About ABN AMRO Clearing USA LLC:
ABN AMRO Clearing USA LLC (AAC-USA) is a subsidiary of ABN AMRO Clearing Bank N.V. We are a global clearing firm that provides an integrated suite of financial services to professional trading participants in the global financial market.
The core service offering consists of clearing, execution, stock borrowing and lending, settlement. AAC-USA has a Global Reach through direct and indirect clearing memberships to over 90 of the world's leading exchanges. Our international network provides comprehensive market access to exchange-listed instruments such as stocks, futures, and options. ABN AMRO Clearing USA LLC-Member FINRA, NFA, FIA and SIPC.
Job Overview:
The Client Credit team acts as a First Line of Defense by enforcing a culture and framework of business control to achieve sustainable profitable growth that fits within ABN AMRO Clearing risk appetite.
This role is responsible for providing analytical coverage regarding the firm's exposure to its trading counterparties and central clearing counterparties (CCPs)
This is a hybrid role based in the Chicago office and requires a min of 3 days a week in the office.
Job Responsibilities:
Basic Qualifications:
Annual base salary, not including discretionary bonus eligibility: $80,000-$95,000
Perks and Benefits:
As a global leader in financial services, we rely on our employees to deliver their best work for our clients. We invest in our employees by offering a host of benefits and perks.
This information is intended as a summary of potential benefits only. Eligibility for the plans and programs listed here depends on the nature of employment, length of service and other factors. Actual coverage is governed by supporting summary plan descriptions and related policies.
ABN AMRO Clearing USA (AAC-USA) is proud to be an equal opportunity employer. AAC-USA celebrates diversity and does not discriminate on the basis of actual or perceived race; creed; color; religion; alienage or national origin; ancestry; citizenship status; age; disability or handicap; sex; marital status; veteran status; sexual orientation; status as a survivor of domestic violence, sex offenses, or stalking; genetic predisposition or carrier status; gender identity or expression; or any other characteristic protected by applicable federal, state or local laws.
We cultivate a culture of inclusion for all employees that respects individual strengths, views and experiences. This enables us to be a better and stronger team - one that makes better decisions and delivers better business results. AAC-USA participates in the E-Verify program in the US.
Notice and Disclaimer to External Recruitment Agencies:
External recruitment agencies must have a signed agreement with ABN AMRO Clearing USA, LLC ("AAC-USA") prior to submitting a resume to fill a vacancy. In addition, a recruitment agency may only submit a resume when invited in writing by an AAC-USA Talent Acquisition Specialist to join the search to fill a specific vacancy. Any resume or other candidate information sent to AAC-USA not in accordance with the foregoing procedure will be considered exclusive property of AAC-USA, with respect to which no placement fee will be due, owing or paid to the sender.
About ABN AMRO Clearing USA LLC:
ABN AMRO Clearing USA LLC (AAC-USA) is a subsidiary of ABN AMRO Clearing Bank N.V. We are a global clearing firm that provides an integrated suite of financial services to professional trading participants in the global financial market.
The core service offering consists of clearing, execution, stock borrowing and lending, settlement. AAC-USA has a Global Reach through direct and indirect clearing memberships to over 90 of the world's leading exchanges. Our international network provides comprehensive market access to exchange-listed instruments such as stocks, futures, and options. ABN AMRO Clearing USA LLC-Member FINRA, NFA, FIA and SIPC.
Job Overview:
The Client Credit team acts as a First Line of Defense by enforcing a culture and framework of business control to achieve sustainable profitable growth that fits within ABN AMRO Clearing risk appetite.
This role is responsible for providing analytical coverage regarding the firm's exposure to its trading counterparties and central clearing counterparties (CCPs)
This is a hybrid role based in the Chicago office and requires a min of 3 days a week in the office.
Job Responsibilities:
- Support the First Line of Defense functions of AAC-USA according to the firm's established risk policies and guidelines
- Assess credit and financial strength of proprietary trading and corporate hedge clients by performing fundamental credit analysis using both quantitative and qualitative factors
- Review accounts, perform annual reviews, and process temporary extensions; this includes requests for trading limits, credit lines, margin levels and internal metrics
- Perform limit recommendations for new onboards and prepare comprehensive credit presentations in accordance with the defined global risk appetite for Senior Committee Approval
- Monitor periodic risk reporting with respect to adherence to credit and market risk related parameters. Identify the nature of exceptions and seek resolution
- Actively participate in specific projects within the AAC-USA related to any major initiative
- Coordinate with various departments such as Commercial, Legal, Market Risk and Compliance departments to ensure clients are operating within the parameters set forth by those departments
- Serve as a key liaison between AAC-USA and industry participants; this includes street-side counterparts, CCPs and exchanges
- Design, prepare, and present various procedures and training materials. This includes information memos, operations manuals, user guides and in-person/online presentations
Basic Qualifications:
- 3+ years' experience in finance or related industry, previous clearing industry background preferred
- Bachelor's degree in finance or accounting
- Basic understanding of client businesses and CCPs
- Strong written and verbal communication skills
- Strong analytical, conceptual and problem-solving abilities
- Ability to professionally interact with internal and external stakeholders
- Strong work ethic and ability to multi-task and set priorities in a fast-paced environment
- Familiarity with futures/equities/options products and associated trading strategies
- Experience with Excel, Tableau and data organization
Annual base salary, not including discretionary bonus eligibility: $80,000-$95,000
Perks and Benefits:
As a global leader in financial services, we rely on our employees to deliver their best work for our clients. We invest in our employees by offering a host of benefits and perks.
- Flexible hybrid work schedules (generally a minimum of three days per week onsite) with a one-time stipend to help improve hybrid working capabilities
- Generous paid time off, sick days, market-based holiday schedule, sabbatical leave, parental/bonding leave plan and volunteer day off
- Competitive health benefit offerings, including choice of medical plans through BCBS-IL, dental plan, vision and flexible spending accounts
- Complimentary annual membership to One Medical, a dedicated EAP and a benefits concierge service
- Employer paid benefits such as term life, AD&D and disability insurance
- Robust 401(k) Plan with a generous match and vesting schedule
- Annual learning stipend and tuition assistance program to help employees pursue additional education
- Company-issued laptops and role dependent mobile stipend
- Corporate Divvy memberships and pre-tax commuter benefits
- Monthly wellness subsidy available to be used towards wellness and fitness activities
- Regular, open communication including monthly Town Hall meetings with the Management Team
- A matrixed, culture-based organization with collaborative teams that promote diversity, equity and inclusion
- Free coffee & tea, fresh fruit and snacks, "bagel Wednesday" and monthly treats to celebrate workiversaries and birthdays
- Employee-led committees to bring awareness and inclusive activities to our employees
- Modern open office with a large kitchen/meeting gathering area - including foosball and ping pong tables
- Private, well-equipped Mother's room
- Office is conveniently located in the Chicago Loop Financial District - close to CTA and Metra
- Well-maintained building (an architectural "masterpiece") and a part of Chicago history - with a robust business center, gym, restaurants, café, game room and a shared rooftop terrace with green space
This information is intended as a summary of potential benefits only. Eligibility for the plans and programs listed here depends on the nature of employment, length of service and other factors. Actual coverage is governed by supporting summary plan descriptions and related policies.
ABN AMRO Clearing USA (AAC-USA) is proud to be an equal opportunity employer. AAC-USA celebrates diversity and does not discriminate on the basis of actual or perceived race; creed; color; religion; alienage or national origin; ancestry; citizenship status; age; disability or handicap; sex; marital status; veteran status; sexual orientation; status as a survivor of domestic violence, sex offenses, or stalking; genetic predisposition or carrier status; gender identity or expression; or any other characteristic protected by applicable federal, state or local laws.
We cultivate a culture of inclusion for all employees that respects individual strengths, views and experiences. This enables us to be a better and stronger team - one that makes better decisions and delivers better business results. AAC-USA participates in the E-Verify program in the US.
Notice and Disclaimer to External Recruitment Agencies:
External recruitment agencies must have a signed agreement with ABN AMRO Clearing USA, LLC ("AAC-USA") prior to submitting a resume to fill a vacancy. In addition, a recruitment agency may only submit a resume when invited in writing by an AAC-USA Talent Acquisition Specialist to join the search to fill a specific vacancy. Any resume or other candidate information sent to AAC-USA not in accordance with the foregoing procedure will be considered exclusive property of AAC-USA, with respect to which no placement fee will be due, owing or paid to the sender.
ABN AMRO Clearing USA LLC Chicago, Illinois, USA Office
175 W Jackson is a well-maintained architectural masterpiece and a part of Chicago history. We are conveniently located in the Chicago Loop Financial District – close to both CTA and Metra and steps away from Millennium Park, State Street and the West Loop.
What you need to know about the Chicago Tech Scene
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