Asset Servicing, Senior Associate

Webull Financial; Saint Petersburg (FL); On-site; USD 90,000 - 115,000; Full time

Benefits offered by this job

Comprehensive Health Coverage

401(k) match

Generous time off

Job summary

Webull Financial in Saint Petersburg, FL seeks an Asset Servicing Senior Associate to oversee settlement, clearing, and asset servicing activities. The role emphasizes data-driven analysis to ensure accurate processing in line with regulatory requirements and company policies.

You will work on improving daily processing, automating manual tasks, and collaborating with Technology to implement system enhancements.

Qualifications

• Bachelor’s degree in Finance, Economics, Business, or a related field.
• 4+ years of relevant experience in brokerage, clearing, settlement, or asset servicing operations.
• Experience in clearing omnibus or self-clearing environments.
• Working knowledge of options clearing and OCC processes (exercises, assignments, expirations, and position settlement).
• Strong understanding of regulatory requirements governing brokerage, clearing, settlement, and asset servicing operations.
• Experience with clearing/brokerage platforms (Broadridge, Penson/Apex, FIS) and related systems.
• Demonstrated ownership of one or more functional operational domains with cross-functional knowledge of the clearing environment.

Responsibilities

• Serve as SME for functional areas such as Trading, Purchase & Sales, and Settlement.
• Oversee core clearing and asset servicing activities (trade settlement, corporate actions, ACATS, trade reporting).
• Identify operational improvements, automate processes, and partner with Technology for enhancements.
• Triage issues with introducing broker-dealers and coordinate timely resolutions.
• Translate operational requirements into technical specifications for development and testing.

Skills

Brokerage operations

Clearing omnibus

OCC processes

DTCC settlement

Regulatory knowledge

Project management

Series 7/99 license

Education

Bachelor's degree in Finance, Economics, Business, or related field

Tools

Broadridge

Penson/Apex

FIS

Job description

Asset Servicing, Senior Associate

Webull Financial Saint Petersburg, Florida, United States

About this position

Webull is a leading digital brokerage platform built on next generation global infrastructure. At Webull, we believe that everyone should have an equal opportunity to control their own financial future. Our vision has always been to empower individual investors with the tools and resources they need to succeed financially. This commitment remains at the heart of everything we do. From low-fee trading and robust market data to advanced analytical tools, we are committed to providing a seamless, top-tier trading experience.

About The Role & Team

Webull’s Clearing Operations team is a dynamic, back‑office group focused on data‑driven tasks and research. As an Asset Servicing Senior Associate, you will be part of this team, focused on overseeing and managing the settlement of financial transactions, ensuring that trades are accurately processed, cleared, and settled in accordance with regulatory requirements and Webull policies.

In this position, you will utilize data analysis and reporting tools to clean, analyze, organize, and validate data, ensuring accuracy and operational efficiency. As a member of this team, you will help streamline critical operational processes, identify opportunities for improvement, and enhance the overall efficiency of the team.

In This Role, You Will

• Serve as the Subject Matter Expert (SME) for one or more functional areas, including:
• Trading and Purchase & Sales
• Stock Position and Cash Operations
• Option and OCC Operations
• Corporate Actions and Security Master
• Stock Record, Segregation, and Security Movements
• Account Transfers, Cost Basis, and Trade Reporting
• Develop and maintain desk procedures, controls, and operating standards while identifying opportunities to improve daily processing and operational efficiency.
• Translate operational requirements into technical specifications and partner with Development and Technology teams through implementation and testing.
• Play a key role in building and enhancing omnibus clearing processes, procedures, controls, and best practices.
• Serve as the primary operational point of contact for the introducing broker-dealer, triaging issues, assessing impacts, and coordinating timely resolution.
• Execute and oversee core clearing and asset servicing activities, including trade break resolution, margin calls, trade settlement, journals, corporate actions, dividends, ACATS, statement delivery, trade confirmations, proxy delivery, and position and cash reconciliations.
• Analyze operational errors, trends, and exceptions to identify root causes, control gaps, and opportunities for improvement.
• Identify opportunities to automate manual processes and partner with Technology on system enhancements, testing, and UAT.
• Support cross-functional initiatives and operational projects from requirements through implementation and production readiness.

The Skills You Bring

• Bachelor’s degree in Finance , Economics, Business, or a related field.
• 4+ years of relevant experience in brokerage, clearing, settlement, or asset servicing operations.
• Experience working within a clearing omnibus or self‑clearing environment.
• Working knowledge of options clearing and OCC processes, including exercises, assignments, expirations, and position settlement.
• Strong understanding of applicable regulatory requirements and industry guidance governing brokerage, clearing, settlement, and asset servicing operations.
• Experience with clearing and brokerage platforms, including Broadridge, Penson/Apex, FIS, or similar systems.
• Demonstrated ownership of one or more functional operational domains, with strong cross‑functional knowledge of the broader clearing environment.
• Prior production experience within a retail broker dealer.
• Strong understanding of DTCC settlement processes and post‑trade operations.
• Ability to translate complex operational requirements into clear procedures, controls, and system requirements.

What Makes You Stand Out

• Series 7 or Series 99 license, or the ability to obtain within 90 days.
• Collaborative team player with the ability to lead initiatives and drive results.
• Strong problem‑solving, risk and control, process improvement, and project management skills.
• Strong sense of urgency with the ability to prioritize issues and drive timely resolution.
• Highly organized and detail‑oriented, with the ability to manage multiple priorities in a fast‑paced, high‑volume operational environment.
• Comfortable working across Operations, Technology, Product, and other stakeholders to solve problems and implement sustainable solutions.
• Demonstrated ability to identify inefficiencies and drive automation and operational improvements.

Why Webull?

Webull is more than a fintech company—we’re a global community of innovators, collaborators, and trailblazers. Headquartered in St. Petersburg, FL, Webull operates in 16 regions worldwide, serving over 20 million users. At Webull, your ideas matter, your voice is heard, and your work makes a real impact.

Investing in our people is a top priority for us, which is why we have a comprehensive benefits package that includes:

• Comprehensive Health Coverage : 100% paid medical and dental insurance for employees and dependents, vision insurance, and more!
• Financial Support : 401(k) match, commuter benefits for NY positions, and short‑term disability coverage.
• Work-Life Balance : Generous time off that increases with tenure, paid parental leave, personal days, sick time, volunteer days and company holidays.
• Wellness & Pet Care : Fitness and wellness benefits, plus pet insurance for your furry friends.
• Investing in Your Future: We provide tuition reimbursement to help you pursue relevant degrees, certifications, and training that align with your career goals.
• Dynamic Office Perks : Catered breakfast (every Monday) & lunches (every Friday), fully stocked kitchens, and monthly happy hours to connect and collaborate.

This role is based in our St. Petersburg, FL Global HQ, where in‑person collaboration fuels growth, mentorship, and innovation. At Webull, we’re committed to fair, equitable, and transparent compensation. The base salary range is $90,000-115,000 annually, plus a discretionary bonus and full benefits. Final offers consider experience, location, and relevant qualifications.

EEOC Statement

Webull is an equal opportunity employer. We’re committed to building a diverse and inclusive team where all backgrounds, perspectives, and talents are valued.