Associate - Middle Office & Digital Operations

Clear Street•Del Mar, CA

2h•$95,000 - $110,000•Hybrid

About The Position

Clear Street is hiring an Associate to join its Operations division, supporting clients and business stakeholders across traditional equity and fixed income markets and digital assets. The role is a first point of contact for trade processing, settlement, and reconciliation across these businesses. Responsibilities span the trade lifecycle, settlement and asset movements, reconciliations, regulatory reporting, operational controls, and process improvement. The Associate will work with teams across the business and help build and test applications as the company scales. The role offers a base salary range of $95,000–$110,000. Clear Street states that starting salary within the range depends on job-related factors such as relevant experience, skills, and location; the range excludes other compensation factors such as bonuses or equity. The company offers competitive compensation, company equity, 401(k) matching, gender-neutral parental leave, and medical, dental, and vision insurance. Employees are required to work in the office four days per week. In-office benefits include lunch stipends, stocked kitchens, happy hours, and an office location with views.

Requirements

2–5 years of experience in trade operations, middle office, or settlements at a broker-dealer, trading firm, hedge fund, investment bank, or digital assets firm.
Strong knowledge of equity and fixed income trade processing and the full trade lifecycle, including execution, confirmation, allocation, settlement, and reconciliation.
Exposure to digital asset operations, such as on-chain transfers, wallet operations, exchange and custodian workflows, or stablecoin settlement, and genuine interest in the space.
Experience with allocation platforms, Omgeo Central Trade Matching, and the FIX protocol.
Experience working with large data sets and spreadsheets; ability to reconcile across multiple systems and quickly spot discrepancies.
Self-motivated, extremely organized, and highly accurate when handling asset movements and client-impacting processes.
Clear written and verbal communication and good judgment about when to escalate issues.
BA/BS degree in Finance or a similar major.

Nice To Haves

Familiarity with reconciliation or post-trade tooling.
Experience at a prime broker, clearing firm, or other regulated institution, with exposure to derivatives and regulatory reporting.
Experience building or documenting operational procedures in a fast-growing business.

Responsibilities

Perform daily trade capture, confirmation, and allocation for equities and fixed income.
Process and confirm settlements across equities, fixed income, and digital assets.
Handle counterparty settlement requests and trade and settlement queries within agreed timeframes.
Reconcile trades, transfers, positions, and inventory daily across internal systems and external exchanges, custodians, banks, and nostro accounts; investigate and resolve breaks to closure.
Monitor inventory and funding needs for settlement activity and coordinate cash and asset movements with Treasury.
Investigate and resolve regulatory reporting items.
Manage monthly and quarterly Broker Confirmation processes.
Partner with Trading Desk, Product, Client Service, Accounting, Risk, and Compliance; provide accurate, timely trade and settlement data and input for designing pragmatic controls.
Assist in building new applications and testing during integrations.
Track and deliver against operations KPIs and follow processes designed for regulatory compliance.
Escalate issues promptly, document procedures, and contribute to process improvement and automation as the business scales.