Clearing Associate

Interactive Brokers Group; Greenwich (CT); Hybrid; USD 60,000 - 75,000; Full time

Benefits offered by this job

Annual performance-based bonus

Stock grant awards

401(k) retirement plan

Health and wellness benefits

Education reimbursement

Job summary

Interactive Brokers Group, Inc. in Greenwich, CT is seeking an entry-level Clearing Associate to join the Clearing Department. This role focuses on post-trade functions for global equities and other products, including reconciliation, settlement, and account transfers.

The position offers a hybrid work arrangement (4 days in office / 1 day remote) and is suited for candidates who value accuracy, problem solving, and clear communication as they grow with IBKR.

Qualifications

• Bachelor's degree in Finance, Economics or Mathematics preferred.
• Strong problem solving and analytical skills.
• Excellent written and verbal communication skills.
• Excellent attention to detail and drive to maintain accuracy in a fast-paced environment.

Responsibilities

• Operate and learn state-of-the-art clearing and back-office systems.
• Perform post-trade functions: reconciliation, settlements, and account transfers.
• Contribute to improving operational efficiency and risk mitigation.
• Collaborate with developers and other teams to support new products.

Skills

Problem solving

Attention to detail

Communication skills

MS Office

Education

Bachelor's degree in Finance, Economics or Mathematics

Tools

MS Office

Job description

Company Overview

Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technology and client commitment.

IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds and introducing brokers. Our advanced technology, competitive pricing, and global market help our clients to make the most of their investments.

Barron\'s has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi-national team and be a part of a company that simplifies and enhances financial opportunities using state-of-the-art technology.

This is Hybrid role (4 days in office /1 day remote)

About your Team:

Interactive Brokers (“IBKR”) is seeking an entry-level Clearing Associate to join our Clearing Department. The Clearing Department is responsible for a variety of critical post-trade functions for global equities, derivatives, commodities, fixed-income, forex and other investment securities. These functions include electronic trade and position reconciliation, prime brokerage operations, inventory management, settlement operations and client account transfers. Given IBKR’s global footprint, breadth of product offering, and passion for technology and automation; the Clearing Department presents a unique opportunity to learn many facets the brokerage business and offers the candidate exciting potential for growth.

What will be your responsibilities within IBKR:

• IBKR has developed state-of-the-art proprietary clearing and back-office systems.
• In this role, you will operate these ever-evolving systems to solve interesting and unique problems in a fast-paced and collaborative environment.
• The ideal candidate will also be challenged to contribute to the development of these systems to achieve higher degrees of operational efficiency, risk mitigation, and/or to support new business or investment products.
• If you are enthusiastic about the financial markets, enjoy problem solving, working with sophisticated computer systems and their developers, and are looking to be a difference maker in a growing company, we welcome your application.

What required skill’s you need:

• Bachelor\'s degree in Finance, Economics or Mathematics preferred.
• Strong problem solving and analytical skills.
• Excellent attention to detail and the drive to efficiently maintain accuracy in a fast-paced environment.
• Excellent written and verbal communication skills.
• Strong computer skills and competency with MS Office products preferred

Company Benefits :

• Competitive salary, annual performance-based bonus, and stock grant awards
• 401(k) retirement plan with competitive company match
• Excellent health and wellness benefits, including medical, dental, and vision benefits. 100% employer-paid medical premiums, with generous employer contributions to dental & vision plans as well.
• Wellness screening and assessments, health coaches, and counseling services through an Employee Assistance Program (EAP)
• Generous paid parental leave (up to 16 weeks paid parental leave for eligible employees)
• Company-paid basic life insurance, accidental death & dismemberment (AD&D), and short- and long-term disability coverage
• Flexible Spending Accounts (Healthcare, Dependent Care, and Commuter FSAs)
• Quarterly fitness stipend to offset costs associated with traditional gym and fitness memberships or fees
• Education reimbursement and professional development opportunities
• Legal services, telehealth access, and voluntary insurance options
• Backup child and adult care support through Care.com
• Daily lunch allowance and fully stocked kitchen with healthy breakfast and snack options