8h ago
FICC Clearing Associate
New York, NY
$150k-$200k / year
full-timemidfinance
๐ผ About This Role
You'll support clearance and settlement of U.S. Treasuries cleared via FICC, ensuring timely trade processing and resolving exceptions. Your core impact will involve enhancing clearing infrastructure and managing end-to-end trade settlement for a top algorithmic trading firm.
๐ฏ What You'll Do
- Manage end-to-end trade clearance and settlement of U.S. Treasury transactions
- Monitor trade flows and ensure accurate trade capture, reporting, and matching
- Identify, investigate, and resolve breaks, fails, and settlement discrepancies
- Liaise with counterparties, custodians, and FICC for smooth settlement
- Support regulatory and industry reporting for fixed income clearance
๐ Requirements
- 3+ years of experience in fixed income operations
- Strong understanding of U.S. Treasury market and FICC processes
- Experience with clearing systems and trade matching platforms
- Proven ability to manage trade exceptions and settlement breaks
โจ Nice to Have
- Equity and/or F O clearing experience
- Familiarity with SEC, FINRA, DTCC rules
๐ Benefits & Perks
- ๐ฐ Discretionary performance-based bonuses
- ๐ฅ Competitive benefits package
๐จ Hiring Process
Estimated timeline: 2-4 weeks ยท AI estimate
- 1Phone Screenยท 30 min
- 2Technical Interviewยท 60 min
- 3On-site Interviewsยท Half day
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