What are the responsibilities and job description for the Senior Associate - Operations position at Clear Street?
At Clear Street, we are disrupting the institutional brokerage and clearing market by modernizing archaic industry segments with brand new technology. We’re changing the way institutional investors interact with the markets; offering an alternative to working with big banks. Our cloud-based API technology will empower clients to clear, settle, and finance trading activity while accessing real-time risk and position information. Our platform is built on an incredibly modern tech-stack, by pragmatic engineers focused on building intuitive and frictionless user experiences. Our tech-infused suite of customer experience-oriented prime service offerings will increase our clients’ efficiency and provide real-time insights they’ve never previously experienced.
As our Operations Associate, you will work with our Client Service team to ensure the smooth execution of daily workflows--optimizing processes over time. You will provide solutions to the Front Office teams for all issues that arise including securities and cash settlement activities, statements, pricing, reconciliation breaks, corporate actions, transfers, et cetera. You will communicate with external brokers and clients as well as internal traders and team members in order to support timely settlement and accuracy of books and records. This is an early career position meant for self-directed learners looking for long-term growth.
Operations Associate Characteristics:
- You will interact and service a diverse and growing client base with all of their operational needs related to trade execution, billing, margin and daily / monthly reporting
- You have exposure to trade support, settlement and clearing, and US domestic transactions.
- You possess strong written and verbal communication skills and are comfortable interacting with team members at all levels.
- You thrive in fast-paced environments that require you to be a self-starter and creative problem-solver.
- You enjoy increasing efficiencies by utilizing technology and are open to learning SQL and Python.
- You are familiar with NSCC, DTCC, and OCC.
- Understanding of Corporate Actions, Settlements, Buy-Ins, Reg SHO preferred.
- Series 7,99,63 preferred.
We offer:
- The opportunity to join a small and growing team of good people, where you can make a difference.
- An environment that champions collaboration and prioritizes pragmatic solutions to complex problems.
- Work that is fast paced, intellectually challenging, and most of all, profoundly rewarding.
- Competitive compensation, benefits, and perks.
