Full-Time

Backend Engineer

Broker Dealer Clearing

Confirmed live in the last 24 hours

Clear Street

Clear Street

201-500 employees

Provides prime brokerage and trading services

Fintech
Financial Services

Compensation Overview

$170k - $250kAnnually

+ Bonus + Equity

Senior

New York, NY, USA

Category
Backend Engineering
Software Engineering
Required Skills
Data Structures & Algorithms
Java
Requirements
  • At least five (5) years of professional software engineering experience and strong proficiency with Java and our tech stack listed is preferred
  • BS degree in Computer Science, Computer Engineering or similar major
  • Deep knowledge of computer science fundamentals, such as algorithms and data structures
  • High degree of self-motivation and willingness to jump into unfamiliar areas to solve problems
  • Ability to work with stakeholders to develop new product ideas, design the technology to implement them, and see them through to completion
  • Experience in building trading systems or high-throughput streaming applications
Responsibilities
  • You will solve challenging engineering problems that underpin the financial system, handling tens of millions of trades/day
  • You will build highly available, scalable, mission-critical applications in a modern technology stack
  • You will collaborate with other engineering teams to address scalability concerns to enable higher volumes of trades
  • You will work with users to understand and define new features and drive them to completion
  • You will develop a deep understanding of the business domain

Clear Street provides a unified platform for trading various financial products, including equities and options, across major markets. Their services include 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 the infrastructure of capital markets, making trading more efficient and accessible for both individual and institutional investors.

Company Stage

Series B

Total Funding

$457.2M

Headquarters

New York City, New York

Founded

2018

Growth & Insights
Headcount

6 month growth

14%

1 year growth

30%

2 year growth

43%
Simplify Jobs

Simplify's Take

What believers are saying

  • The appointment of industry veterans like Edward Tilly and Sean Hendelman strengthens Clear Street's leadership and strategic direction.
  • Clear Street's launch of futures clearing services and professional clearing services for market makers opens new revenue streams and market opportunities.
  • The company's strong capital base and rapid client acquisition, with over 160 new institutional clients in the past year, indicate robust growth potential.

What critics are saying

  • The competitive landscape of financial technology and prime brokerage services could pressure Clear Street to continuously innovate to maintain its edge.
  • Integrating acquisitions and new hires may pose challenges in maintaining a cohesive company culture and operational efficiency.

What makes Clear Street unique

  • Clear Street's cloud-based, API-first platform offers unparalleled scalability and flexibility, setting it apart from traditional prime brokerage services.
  • The company's focus on modernizing capital markets infrastructure through a unified platform for trading equities and options provides a seamless experience for sophisticated traders.
  • Clear Street's rapid expansion and acquisition strategy, including the purchase of algo firm Fox River, demonstrates its commitment to innovation and growth.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Company equity

401k matching

Parental leave

Full medical, dental & vision insurance

Lunch stipends

Fully stocked kitchens

Happy hours