Full-Time

Equity and Fixed Income Middle Office

Confirmed live in the last 24 hours

Clear Street

Clear Street

501-1,000 employees

Provides prime brokerage and trading services

Compensation Overview

$115k - $140k/yr

+ Bonus + Equity

Mid

New York, NY, USA

Employees are required to be in the office 4 days per week.

Category
Risk Management
Finance & Banking
Required Skills
Fixed Income Securities
Data Analysis
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
Responsibilities
  • 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

Clear Street provides a unified platform for trading various financial products, including equities and options, across major markets. Their main service is prime brokerage, which encompasses trade execution, financing, clearing, and custody, helping clients manage their trading activities effectively. The platform is cloud-based and API-first, allowing for easy integration with other systems and scalability for users. This approach sets Clear Street apart from competitors by reducing technical setup time for clients, enabling them to focus on trading. The company's goal is to enhance capital markets infrastructure and facilitate efficient trading for a diverse range of clients, from individual investors to large institutions.

Company Size

501-1,000

Company Stage

Series B

Total Funding

$630M

Headquarters

New York City, New York

Founded

2018

Simplify Jobs

Simplify's Take

What believers are saying

  • Clear Street's expansion into the UK opens new international market opportunities.
  • The launch of 24/6 trading enhances market access for clients.
  • Integration of AI and machine learning can optimize trading strategies and execution.

What critics are saying

  • Increased competition in the UK market may challenge Clear Street's growth.
  • Regulatory challenges in new markets could impact Clear Street's operations.
  • Reliance on cloud infrastructure exposes Clear Street to potential outages or breaches.

What makes Clear Street unique

  • Clear Street offers a cloud-native clearing and custody system for capital markets.
  • The company provides a unified platform for trading equities and options globally.
  • Clear Street's API-first approach allows seamless integration with other financial systems.

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Benefits

Company equity

401k matching

Parental leave

Full medical, dental & vision insurance

Lunch stipends

Fully stocked kitchens

Happy hours

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

1%

2 year growth

-1%
Finadium
Mar 20th, 2025
Clear Street launches 24/6 trading with Blue Ocean

Clear Street announced a connectivity partnership with Blue Ocean Technologies to expand Clear Street's market services for after-hours trading.

Finance Feeds
Mar 11th, 2025
Clear Street Launches OCC Cross-Margin Capabilities for Futures and Options Traders

Clear Street launches OCC Cross-Margin capabilities for Futures and Options traders.

Slater Sentinel
Jan 18th, 2025
Four Leaf Acquisition Co. (NASDAQ:FORL) Short Interest Up 31.5% in December

Finally, Clear Street LLC acquired a new stake in Four Leaf Acquisition in the second quarter valued at $320,000.

CryptoSlate
Jan 6th, 2025
Bitcoin Miners To Soar In 2025 Amid Ai Hosting And Btc Yield Strategies – Clear Street

According to a recent Clear Street report, Bitcoin miners are pursuing yield strategies for their BTC holdings and diversifying into AI compute.The report, titled ‘BTC Mining: 2025’s Key Themes Emerge,‘ outlines three themes for 2025: generating revenue on bitcoin reserves, leveraging existing infrastructure for HPC initiatives, and benefiting from a shift in US regulatory leadership.Bitcoin yield and spot ETF upgradesClear Street’s authors indicate that several miner management teams are investigating ways to create income from stored BTC, with securities lending described as a potentially viable approach pending regulatory adjustments. The report states that a new SEC stance could permit in-kind creation of BTC exchange-traded fund shares, allowing miners to exchange bitcoin directly for ETF units and subsequently partner with prime brokers on share lending income. Low-to-mid single-digit yields are noted for general collateral securities, while higher rates may apply if ETF shares become harder to borrow.Clear Street adds that legal changes would place BTC securities lending on par with broader lending practices, prompting sector participants to focus on operational details. Per the analysis, CleanSpark holds a notable HODL balance and could earn millions of dollars in annual interest once strategies scale. Bit Digital, Bitfarms, and TeraWulf are cited with varied holdings or approaches, including staking programs or not retaining Bitcoin at all, depending on corporate policy. Clear Street projects that such yield mechanisms could unlock additional revenue streams and help miners optimize large-scale operations that might otherwise be idle.HPC compute and AI diversificationThe report also highlights a growing pivot toward HPC compute, with miners repurposing data centers, power sources, and advanced equipment to serve AI-driven workloads

Business Wire
Dec 23rd, 2024
Clear Street Wins Top Technology & Client Service Awards at 2024 Global Custodian Industry Leaders Event

Clear Street wins top Technology & Client Service awards at 2024 Global Custodian Industry Leaders event.