What are the responsibilities and job description for the Equity and Fixed Income Middle Office position at Clear Street?
About Clear Street:
Clear Street is building financial infrastructure for today’s institutions. Founded in 2018, Clear Street is an independent, non-bank prime broker 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. Clear Street’s proprietary prime brokerage platform adds significant efficiency to the market, while focusing on minimizing risk and cost for clients. Our goal is to create a single source-of-truth platform for 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.
The Team:
We are looking for a Middle Office professional to work on the Clear Street Equity and Fixed team; a part of the operations division. This role will be focused on supporting clients and business stakeholders in the middle office function.
The Role:
- You will perform daily trade captures, confirmations and allocations
- Handle daily trade and settlement queries
- Investigate and resolve daily positions and nostro breaks
- Investigate and resolve regulatory reporting items
- Manage the monthly and quarterly Broker Confirmation processes
- Assist in the buildout of new applications and help test during integrations
- Work closely with business stakeholders to fulfill business requirements
- Contribute to process improvement and the general operation of the team and company
Requirements:
- At least three (3) years of professional experience with and a strong knowledge of Equity/Fixed Income products
- BA/BS Degree in Finance or similar major
- Strong understanding of equities and fixed income trade processing
- Experience in various allocation platforms, Omgeo Central Trade Matching, Fix protocol
- Knowledge of Regulatory reporting (CAT, CAIS, Bluesheet, LOPR)
- Experience working with large data sets
- Self-motivated, high attention to details, and extremely organized
We Offer:
The Base Salary Range is $115,000 - $140,000. These ranges are representative of the starting base salaries for this role at Clear Street. Which range a candidate fits into and where a candidate falls in the range will be based on job related factors such as relevant experience, skills, and location. These ranges represent Base Salary only, which is just one element of Clear Street's total compensation. The ranges stated do not include other factors of total compensation such as bonuses or equity.
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. #LI-Hybrid
Salary : $115,000 - $140,000
