Associate - Clearing
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.
Position Overview:
We are looking for an experienced Associate Clearing professional with strong knowledge in depository and broking back-office operations. You will manage key depository functions and support our global operations, including settlements, corporate actions, and other essential clearing activities.
Responsibilities
- Manage end-to-end depository operations covering maintenance, and closure
- Handle settlements and reconciliation processes
- Process Corporate Actions (CA) and ensure accurate execution
- Manage miscellaneous depository-related operational activities
- Ensure compliance with regulatory requirements and internal policies
- Handle US Proxy processing and administration
- Perform US Securities Lending and Borrowing (SLB) reconciliation
- Support international operational requirements as needed.
Required Qualifications & Experience
- 6-7 years of experience in broking or capital markets back-office operations.
- Strong expertise in depository operations (NSDL/CDSL or equivalent platforms).
- Must have NISM certification series VI: Depository Operations Certification Examination (DOCE).
- Proven experience in clearing, settlements, and reconciliation.
- Hands-on knowledge of corporate actions processing.
- Proficient in depository systems, settlement platforms, and back-office tools.
- Solid understanding of settlement cycles, trade lifecycle, and reconciliation processes.
- Familiarity with clearing house procedures and entitlement calculations.
Company Benefits & Perks:
- Competitive salary package.
- Performance based annual bonus (cash and stocks).
- Hybrid working model (4 days office/week).
- Group Medical & Life Insurance.
- Modern offices with free amenities & fully stocked cafeterias.
- Monthly food card & company paid snacks.
- Hardship/shift allowance with company provided pickup & drop facility*
- Attractive employee referral bonus.
- Frequent company sponsored team building events and outings.
* Depending upon the shifts.
**The benefits package is subject to change at the management's discretion.