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. Backed by Lightspeed.
About the role
The Associate, Clearing Operations supports end-to-end back-office clearing and settlement across retail and institutional businesses. This role requires strong hands-on knowledge of DTCC settlement, trade exception management, reconciliations, and control reporting, including experience working with self-clearing within an omnibus model.
What they're looking for
- Support daily clearing and settlement across DTCC, CNS and non-CNS
- Perform DTC equity settlement functions, including ACAT and non-ACAT customer transfers, pair-offs, SPO charges, RAD management, and fail reporting
- Manage fails and buy-ins, including issuance of broker-to-broker buy-in notices and monitoring through DTC’s Obligation Warehouse
- Resolve trade exceptions across CTM and OASYS
- Perform trade, cash, and position reconciliations, validate DTCC vs internal books and records
- Support end-to-end institutional client trade flows, including allocation, affirmation, confirmation, and settlement through DTCC
More about this role
About The Role & Team
The Associate, Clearing Operations supports end-to-end back-office clearing and settlement across retail and institutional businesses. This role requires strong hands-on knowledge of DTCC settlement, trade exception management, reconciliations, and control reporting, including experience working with self-clearing within an omnibus model.
In This Role, You Will
- Support daily clearing and settlement across DTCC, CNS and non-CNS
- Perform DTC equity settlement functions, including ACAT and non-ACAT customer transfers, pair-offs, SPO charges, RAD management, and fail reporting
- Manage fails and buy-ins, including issuance of broker-to-broker buy-in notices and monitoring through DTC’s Obligation Warehouse
- Resolve trade exceptions across CTM and OASYS
- Perform trade, cash, and position reconciliations; validate DTCC vs internal books and records
- Support end-to-end institutional client trade flows, including allocation, affirmation, confirmation, and settlement through DTCC.
- Investigate and resolve breaks; maintain aging and control reporting
- Support both retail and institutional trade flows
- Conduct all operational tasks including settlement,...
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