Associate, Clearing Operations
Webull Financial, St. Petersburg, FL, United States
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, journals, trade confirmations, and position and cash reconciliations
Demonstrated in-depth knowledge of OCC (Options Clearing Corporation) rules, processes, and regulatory frameworks
Partner with technology, treasury, and finance on issue resolution and process improvements
Develop and maintain Standard Operating Procedures (SOPs to support training, incident response, and operations continuity)
Assist with audits, regulatory inquiries, and control documentation
The Skills You Bring
Bachelor’s degree in Finance, Economics, Business, or related fields
3+ years of clearing, settlement, or broker‑dealer operations experience
Series 99 and/or Series 7 license or ability to acquire within 90 days
Strong knowledge of DTCC settlement (CNS & non-CNS)
Experience supporting institutional client trade flows, including allocations, affirmations, confirmations, and settlement.
Hands‑on experience with Apex Clearing
Experience in clearing omnibus and/or self‑clearing.
Experience with fails management, buy‑ins, CTM/OASYS, and reconciliations
Understanding of back‑office controls, break management, and operational risk
What Makes You Stand Out
Prior production experience working at a retail broker dealer.
Collaborative team player with the ability to lead.
Strong problem solving, control, and project management skills.
Keen sense of urgency and prioritize timely support resolution.
Ability to work efficiently and accurately under pressure in a fast‑paced, multi‑tasking environment.
Benefits
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 Pete Global HQ (200 Carillon Pkwy, FL), 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 $75,000‑90,000 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.
#J-18808-Ljbffr
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, journals, trade confirmations, and position and cash reconciliations
Demonstrated in-depth knowledge of OCC (Options Clearing Corporation) rules, processes, and regulatory frameworks
Partner with technology, treasury, and finance on issue resolution and process improvements
Develop and maintain Standard Operating Procedures (SOPs to support training, incident response, and operations continuity)
Assist with audits, regulatory inquiries, and control documentation
The Skills You Bring
Bachelor’s degree in Finance, Economics, Business, or related fields
3+ years of clearing, settlement, or broker‑dealer operations experience
Series 99 and/or Series 7 license or ability to acquire within 90 days
Strong knowledge of DTCC settlement (CNS & non-CNS)
Experience supporting institutional client trade flows, including allocations, affirmations, confirmations, and settlement.
Hands‑on experience with Apex Clearing
Experience in clearing omnibus and/or self‑clearing.
Experience with fails management, buy‑ins, CTM/OASYS, and reconciliations
Understanding of back‑office controls, break management, and operational risk
What Makes You Stand Out
Prior production experience working at a retail broker dealer.
Collaborative team player with the ability to lead.
Strong problem solving, control, and project management skills.
Keen sense of urgency and prioritize timely support resolution.
Ability to work efficiently and accurately under pressure in a fast‑paced, multi‑tasking environment.
Benefits
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 Pete Global HQ (200 Carillon Pkwy, FL), 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 $75,000‑90,000 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.
#J-18808-Ljbffr