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Vice President, Fixed Income Settlements

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Clear Street

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Location:
United States , New York

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Category:

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Contract Type:
Employment contract

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Salary:

100000.00 - 135000.00 USD / Year

Job Description:

This role will initially focus on fixed income settlement and related cash, position, and suspense reconciliations. Over time, responsibilities will expand through cross-training as business needs evolve. The ideal candidate is adaptable, detail-oriented, and comfortable operating in a fast-paced, control-driven environment.

Job Responsibility:

  • Domestic fixed income and US treasury fail control
  • Handle daily settlement activity at BONY and DTC for fixed income repo activity
  • Maintain communication with repo trading business to resolve discrepancies and minimize business and operational risk
  • Coordinate with Treasury and trading desk for daily funding projections
  • Perform daily reconciliation of cash, position, and suspense accounts and resolve breaks in a timely manner
  • Execute and document daily key controls in accordance with internal policies and regulatory requirements
  • Ensure compliance with applicable regulations
  • Identify, design, and implement automation opportunities to improve reporting accuracy, operational efficiency, and risk mitigation
  • Develop and maintain Standard Operating Procedures (SOPs to support training, incident response, and operational continuity)
  • Participate in cross-training and knowledge sharing to drive process improvement, scalability, and team effectiveness

Requirements:

  • At least eight (8) years of professional experience in settlements preferable FED and DTC
  • Experience working with Fixed Income, including factor adjustments, P&I, BONY, DTC settlement
  • Understand the trade lifecycle of fixed income assets
  • Bony broker dealer clearing platform knowledge
  • DTC Settlement web knowledge
  • Series 99 or 7 exam
  • Strong risk and control mindset with experience operating in regulated environments
  • Proven experience working with large data sets and performing operational reconciliations
  • Ability to work independently with minimal supervision while managing competing priorities
  • Experience in a fast-paced, multifaceted broker-dealer, clearing, or custody operations environment
  • Strong analytical and problem-solving skills with a proactive approach to identifying issues and implementing process improvements

Nice to have:

Experience in ACAT related transfers is a strong plus

What we offer:
  • competitive compensation packages
  • company equity
  • 401k matching
  • gender neutral parental leave
  • full medical, dental and vision insurance
  • lunch stipends
  • fully stocked kitchens
  • happy hours
  • a great location
  • amazing views

Additional Information:

Job Posted:
March 10, 2026

Employment Type:
Fulltime
Work Type:
On-site work
Job Link Share:
PREMIUM
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