Senior Associate - Payments

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 Team: 

We are looking for a Middle Office professional to work in the Clear Street Payment team, a part of the operations division. This role will be focused on supporting clients’ payment flow to ensure the efficient handling of cash transactions and managing payment systems.

The Role:

• Processing of incoming and outgoing payments through various channels, including wire transfers and ACH.
• Monitor cash levels to ensure adequate liquidity for daily operations.
• Monitor and reconcile daily cash movements across multiple accounts and financial institutions.
• Support audits and regulatory examinations by providing necessary payment documentation. 
• Identify process improvements to enhance efficiency and reduce errors in payment processing.

Requirements:

• 5 years of experience in cash management, payment processing within a broker dealer or financial services firm
• Experience and knowledge in ISO and SWIFT payment
• Proficiency in financial systems, payment platforms, and reconciliation tools.
• BA/BS Degree in Finance or similar major
• Excellent attention to detail and ability to work in a fast-paced environment. 
• Strong problem-solving skills and ability to communicate effectively with stakeholders.
• Self-motivated, high attention to details, and extremely organized

We offer: 

The Base Salary Range for this role is $85,000 - $100,000. This range is representative of the starting base salaries for this role at Clear Street. Where a candidate falls in this range will be based on job related factors such as relevant experience, skills, and location. This range represents Base Salary only, which is just one element of Clear Street's total compensation. The range stated does 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. We are requiring employees to be in the office 5 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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