Senior Associate - Clearing

Posted 5 Hours Ago
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Tampa, FL
Hybrid
Junior
Fintech • Software • Financial Services
Modernizing the brokerage ecosystem.
The Role
The Senior Associate will work within the Clearing team, ensuring reporting accuracy, timely booking of trades, reconciling internal systems, and contributing to process improvement. Responsibilities include monitoring trade flows, addressing exceptions, and processing instructions while communicating with brokers and internal teams to support accurate settlements.
Summary Generated by Built In

About Clear Street:

Clear Street is modernizing the brokerage ecosystem. Founded in 2018, Clear Street is a diversified financial services firm replacing the legacy infrastructure used across capital markets. 

We started from scratch by building a completely cloud-native clearing and custody system designed for today’s complex, global market. Our platform is fully integrated with central clearing houses and exchanges to support billions in trading volume per day. We’ve agonized about our data model abstractions, created horizontal scalability, and crafted thoughtful APIs. All so we can provide a best-in-class experience for our clients. 

By combining highly-skilled product and engineering talent with seasoned finance professionals, we’re building the essentials to compete in today’s fast-paced markets.


The Role:

We are looking for a Senior Associate to work as part of the Clear Street LLC’s Clearing / Purchase and Sale team, a part of the operations division. This role will ensure reporting accuracy while contributing to the consistent optimization of our company. You will own the timely booking of trades, balancing versus the Clearing Houses & processing Option Exercise Instructions. You will communicate with external brokers and clients as well as internal traders and team members to support timely settlement and accuracy of books and records.

  • You will perform daily reconciliations.
  • You will monitor & resolve exceptions & rejects in trade flows & postings.
  • You will reconcile & balance internal systems versus the NSCC, OCC & FICC
  • You will process & balance Exercise & contrary instructions
  • You will contribute to process improvement and the general operation of the team.


Requirements:

  • At least two (2) years of professional experience in clearing listed options.
  • Proficiency in either NSCC, OCC or FICC applications
  • Series 7 preferred
  • Strong Communication skills
  • Proficiency in Excel
  • You enjoy increasing efficiency by utilizing technology.


We Offer:

At Clear Street, we offer competitive compensation packages, company equity, 401k matching, gender neutral parental leave, and full medical, dental and vision insurance. Our belief has always been that we are better as a business when we are all together in person. As such, beginning on January 2, 2023, we are requiring employees to be in the office 4 days per week. In-office benefits include lunch stipends, fully stocked kitchens, happy hours, a great location, and amazing views.

Our top priority is our people. We’re continuously investing in a culture that promotes collaboration. We help each other through challenges and celebrate each other's successes. We believe that modern workplaces succeed by virtue of having high-performance workforces that are diverse — in ideas, in cultures, and in experiences. We put in the effort to make such a workplace a daily reality and are proud to be an equal opportunity employer.


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The Company
HQ: New York, NY
471 Employees
Hybrid Workplace
Year Founded: 2018

What We Do

Clear Street is a financial technology firm on a mission to modernize the brokerage ecosystem. Founded in 2018, we have developed a completely cloud-native brokerage and clearing system designed for today’s complex global markets. Our proprietary technology platform reimagines legacy workflows, adding significant efficiency to the market, while transparently minimizing risk and cost for clients. We proudly serve an ever-growing roster of active traders, emerging managers and large institutions. Our goal is to build an all-in-one platform capable of processing every asset class, in every country, and in any currency.

By combining highly-skilled product and engineering talent with seasoned finance professionals, we’re building the essentials to compete in today’s fast-paced markets.

Why Work With Us

Clear Street has thoughtfully cultivated a team that combines problem-solving engineers with financial industry experts across clearing platforms, compliance, and more. The company is focused on building a team that is motivated to tackle fintech innovation and create a collaborative work culture for everyone.

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Clear Street Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

We are requiring employees to be in the office 4 days per week. In-office benefits include lunch stipends, fully stocked kitchens, happy hours, a great location, and amazing views.

Typical time on-site: 4 days a week
HQNew York, NY
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Chicago, IL
Del Mar, CA
London, GB
Tampa, Florida
Tel Aviv-Yafo, IL
Toronto, Ontario
Umeå, SE
West Palm Beach, Florida
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