Associate, Clearing Operations

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, 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.

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 14 regions worldwide, serving over 20 million users.
• At Webull, your ideas matter, your voice is heard, and your work makes a real impact.

Pay and benefits

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 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

• About Company ---

• Webull is a leading digital brokerage platform built on next generation global infrastructure.
• 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.