Associate, Clearing Operations

Summary

Associate, Clearing Operations

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. 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.

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.

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

Webull is an equal opportunity employer. We're committed to building a diverse and inclusive team where all backgrounds, perspectives, and talents are valued.

Job Description

Associate, Clearing Operations

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. 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.

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.

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

Webull is an equal opportunity employer. We're committed to building a diverse and inclusive team where all backgrounds, perspectives, and talents are valued.