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Clearing Jobs (NOW HIRING)

The Clearing Department is responsible for a variety of critical post-trade functions for global equities, derivatives, commodities, fixed-income, forex and other investment securities. These ...

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 ...

About the role The Director, Product Manager - Clearing is central to the successful implementation of the clearinghouse product roadmap. This role demands a holistic approach to product development ...

Visa is seeking a Vice President, Clearing role to strengthen executive ownership of the most business-critical, regulator-visible components of VisaNet. As Visa scales transaction volume ...

About the role The Director, Product Manager - Clearing is central to the successful implementation of the clearinghouse product roadmap. This role demands a holistic approach to product development ...

Position Overview The Brush Clearing Specialist is responsible for maintaining safe, clean, and accessible land by removing brush, cutting trees, and operating equipment to support property upkeep.

Visa is seeking a Vice President, Clearing role to strengthen executive ownership of the most business-critical, regulator-visible components of VisaNet. As Visa scales transaction volume ...

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Clearing information

See salary details

$31K

$36.3K

$50.5K

How much do clearing jobs pay per year?

As of Aug 5, 2026, the average yearly pay for clearing in the United States is $36,260.00, according to ZipRecruiter salary data. Most workers in this role earn between $33,500.00 and $34,000.00 per year, depending on experience, location, and employer.

What are some typical challenges faced by professionals in clearing roles, and how can they be addressed?

Professionals working in clearing often face challenges such as managing tight deadlines, ensuring regulatory compliance, and handling high transaction volumes with accuracy. To address these, it's essential to develop strong attention to detail, effective time management skills, and a deep understanding of relevant regulations. Building good communication with other teams, such as trading and risk management, also helps in quickly resolving discrepancies and maintaining smooth operations.

What is a clearing job?

Clearing jobs typically refer to roles within financial institutions or clearinghouses that are responsible for facilitating, reconciling, and settling financial transactions between parties. These jobs ensure that trades in markets like stocks, futures, or derivatives are processed accurately and that funds and securities are transferred properly. Clearing professionals manage risk, confirm transaction details, and help maintain the stability of financial markets. Common job titles include clearing agent, clearing operations analyst, and clearing manager.

What skills and qualifications are needed to thrive as a clearing specialist?

To thrive as a Clearing Specialist, you need strong analytical abilities, attention to detail, and a background in finance or accounting, often supported by a relevant degree. Familiarity with clearing systems such as SWIFT, DTCC, or Euroclear, and understanding of regulatory compliance are typically required. Excellent organizational skills, effective communication, and the ability to work under pressure are valuable soft skills in this role. These competencies ensure accurate and timely settlement of transactions, minimize financial risks, and support smooth operations within financial institutions.

What is the difference between Clearing vs Loan Officer?

AspectClearingLoan Officer
Required CredentialsTypically requires a high school diploma or equivalent; some roles may need licensing or certifications depending on the industryRequires a high school diploma; often needs licensing or certification, especially in mortgage lending
Work EnvironmentOffice settings, financial institutions, or trading floorsOffice environments, banks, or mortgage companies
Industry UsageFinance, banking, trading, and securitiesBanking, mortgage lending, and financial services
Common Search & ComparisonYesYes

Clearing professionals focus on settling transactions, ensuring compliance, and managing financial records, often within trading or banking environments. Loan officers primarily evaluate, authorize, and process loan applications for individuals or businesses. While both roles operate within the financial sector, clearing roles emphasize transaction settlement and compliance, whereas loan officers concentrate on lending and client assessment.

More about Clearing jobs
What cities are hiring for Clearing jobs? Cities with the most Clearing job openings:
What states have the most Clearing jobs? States with the most job openings for Clearing jobs include:
Infographic showing various Clearing job openings in the United States as of July 2026, with employment types broken down into 71% Full Time, 27% Part Time, 1% Temporary, and 1% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $36,260 per year, or $17.4 per hour.

Clearing Officer

Industrial and Commerce Bank Of China USA NA

Manhattan, NY โ€ข On-site

$65K - $85K/yr

Full-time

Posted 13 days ago


Job description

ob Title: Clearing Officer

Department: OP – Clearing

Classification: Exempt

Reports to: Assistant Clearing Manager

Summary/Objective: Performs various duties and responsibilities such as validation and authentication for all ACH files, handling posting exceptions, processing adjustments, and provide support and research when needed. To assist other Clearing Officer and Clearing Manager with various duties and responsibilities such as validation and authentication for all checks, posting exceptions, processing adjustments, and providing support and research to dispute items when needed. Back up to perform duties related to Bank’s money transfer and checks activities.

Essential Functions:

  1. Be responsible for performing functions related to ACH transactions.
  2. Be responsible for daily ACH origination procedures, including processing files from clients and internal systems, returns, reversals, rejects, death notification entries and reclamations.
  3. Research requests and disputed ACH transactions. Balances ACH process daily.
  4. Process daily ACH exception item, ACH stop payment and unauthorized claim request.
  5. Notify affiliates of errors and exception.
  6. Perform reconciliation of settlement and work-in progress accounts.
  7. Process daily ACH origination procedures, including processing files from clients and intern systems, reversals, rejects, death notifications, reclamation returns and entries.
  8. Maintain required reports and logs.
  9. Responds to basic inquiries, OFAC inquiries and issues from customers and internal units.
  10. Researching and responding to EFT and check related inquiries from all branches, department and management as needed.
  11. Spot-check and perform preliminary research on suspicious items to help prevent fraudulent activities.
  12. Daily balancing of all regions official checks, interest checks, and money orders from the (SCMSA) system.
  13. Daily via-email the Central Log files and FED incoming (NSF) check files to all regions for reporting information.
  14. Process daily DDA accounts and general ledgers as needed to offset entries for Accounting Department.
  15. Post all branches outstanding balances of overage/shortage to the correct corresponding gene ledger accounts.
  16. Balance all in clearing and outgoing checks against the FED statement report, and balance against the totals with (FOVA) system for completion.
  17. Responsible for processing/copy Federal Reserve Bank electronic presentation files for ACH FED Advantage and check reports.
  18. Daily review and monthly balancing of ATM settlement account and posting offset entries to DDA accounts and general ledgers as needed.
  19. Send Federal Reserve cash letter sheet via-email to all regions daily.
  20. Reconcile unresolved checks and ACH’s outstanding amounts to account receivable/account payable general Ledgers as needed.
  21. Safeguard Federal Reserve (Token) and all daily work.
  22. Back up to perform duties related to the Bank’s money transfer activities
  23. Back up to process incoming and outgoing large dollar return item notifications.
  24. Back up to perform processing, validations and or distribution for return deposit items, and other functions.
  25. Back up to review for check troubleshoots, locate errors and make appropriate adjustments a correction to deposit transaction according to the customer and or Fed for resolution.
  26. Back up to identify deposit item processing corrections and forward information as needed t each branch.
  27. Back up to download incoming cash letters from Federal Reserve.
  28. Back up to Research and adjust cash letter correspondence, as needed.
  29. Perform other duties as assigned.
Required Education and Experience:
  • Bachelor's degree (B. A. or B. S.) from four-year college or university. Three to five years of related experience and/or training.
  • Knowledge of payments industry
  • Must have good communications, customer service and PC skills.
  • Ability to meet deadlines and resolve issues with assistance/direction.
  • Background experience in bank operations and ACH and check processing.
  • Knowledge of general ledgers, bank reconciliation and data entry.
  • Equivalent combination of education and experience.
Language/Communication Skills:
  • • Language Skills: Bilingual in English and Chinese preferred, able to read and write simple Chinese correspondence and memos to support and communicate with our global branches.
  • • Communication: Write basic reports in Chinese and speak clearly in English with coworkers.