Vice President, Syndicate Operations

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. Clear Street’s proprietary prime brokerage platform adds significant efficiency to the market, while focusing on minimizing risk, redundancy, and cost for clients. Our goal is to create a single source-of-truth platform for every asset class, in every country, and in any currency.

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 Role:

We are looking for an Associate Director to work as part of the Clear Street LLC’s Clearing / Syndicate Operations team, a part of the Operations division. This role will primarily be Syndicate Operations functions. You will own the functions around Syndicate/New Issue eligibility, booking & settlement. Ensure reporting accuracy while contributing to the consistent optimization of our functions. You will communicate with internal traders and banking team members to support timely settlement and accuracy of books and records. You will coordinate externally with deal participants to facilitate proper closing mechanics of capital market transactions. 

• You will apply for DTC eligibility for new issues
• You will liaise with the Investment Banking team to ensure proper tracking of deal lifecycle events
• You will monitor & resolve client failures to ensure timely settlement.
• You will contribute to process improvement and the general operation of the team

Requirements:

• At least 5 years’ of professional experience in middle/back-office functions
• Proficiency in NSCC & DTCC applications
• Basic understanding of Capital Markets deal structures
• Series 7 is preferred, if not, Series 7 within 6 months of hire date
• Strong Communication and Organization skills
• Proficiency in Excel
• You enjoy increasing efficiency by utilizing technology

 

The Base Salary Range for this role is $125,000-150,000. 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. As such, we are requiring employees to be in the office 4 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. #LI-Hybrid