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Clearing Settlement Jobs (NOW HIRING)

Clearing & Settlement: Manage the daily clearing and settlement of futures trades, ensuring accurate and timely processing through the firm's clearing relationships and exchange systems i.e. CME ...

Clearing & Settlement: Manage the daily clearing and settlement of futures trades, ensuring accurate and timely processing through the firm's clearing relationships and exchange systems i.e. CME ...

Clearing & Settlement: Manage the daily clearing and settlement of futures trades, ensuring accurate and timely processing through the firm's clearing relationships and exchange systems i.e. CME ...

NY · On-site

$110 - $160/hr

Analyze card transaction lifecycles including account setup, card issuance, authorization, memo posting, clearing, settlement, reversals, adjustments, disputes, chargebacks, representments, and ...

Senior Data Engineer

Manhattan, NY · On-site

$116K - $158K/yr

... clearing, settlement, and reconciliation • Hands-on experience with DTCC platforms, specifically RTTM and Settlement Web • Strong knowledge of ISO 15022 financial messaging standards • Advanced ...

The candidate is expected to demonstrate deep knowhow of payment processing from origination to clearing and settlement, for each of the payment rails. The candidate is expected to partner with ...

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Clearing Settlement information

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How much do clearing settlement jobs pay per hour?

As of Aug 13, 2026, the average hourly pay for clearing settlement in the United States is $19.46, according to ZipRecruiter salary data. Most workers in this role earn between $16.35 and $21.63 per hour, depending on experience, location, and employer.

What is the difference between Clearing Settlement vs Clearing Settlement?

AspectClearing Settlement

Since the question compares the same job title, Clearing Settlement, there is no difference between the two. Clearing Settlement involves processing and confirming trades, ensuring proper transfer of securities and funds, and managing risk in financial markets. It requires certifications like FINRA Series 7 or 63, and is commonly performed in banking, securities firms, and exchanges. The role focuses on trade confirmation, settlement, and reconciliation, making it essential for smooth market operations.

What are some typical challenges faced in clearing settlement, and how can they be managed effectively?

Professionals in Clearing Settlement often encounter challenges such as tight deadlines, managing large volumes of transactions, and ensuring accuracy amid complex regulatory requirements. To manage these effectively, strong attention to detail, robust time management skills, and familiarity with settlement systems are crucial. Collaboration with internal teams—such as compliance, risk, and trading desks—is also essential to quickly resolve discrepancies and ensure smooth transaction flows. Staying updated on evolving regulations and best practices helps minimize errors and maintain operational efficiency.

How does clearing settlement work?

Clearing settlement in finance involves the process of reconciling and confirming the details of a trade between parties, ensuring both sides meet their obligations. Clearinghouses act as intermediaries to guarantee the transaction, reducing counterparty risk, and the settlement process typically occurs within a specified timeframe using electronic systems and standardized procedures. Professionals in this field need strong attention to detail and knowledge of financial regulations and settlement platforms.

What are the key skills and qualifications needed to thrive in clearing settlement, and why are they important?

To thrive in Clearing Settlement, you need strong analytical skills, attention to detail, and a solid understanding of financial markets, often supported by a degree in finance, accounting, or economics. Familiarity with settlement systems like SWIFT, clearing platforms, and knowledge of regulatory compliance are typically required, and certifications such as the Certified Securities Operations Professional (CSOP) can be beneficial. Excellent organizational skills, problem-solving ability, and effective communication help professionals handle high-pressure situations and coordinate with multiple stakeholders. These skills ensure accurate, timely processing of transactions and mitigate financial risks for institutions.

What is clearing settlement?

Clearing and settlement are crucial processes in the financial markets that ensure the accurate and efficient transfer of securities and funds between buyers and sellers. Clearing involves matching trade details, confirming the parties, and calculating the obligations of each side. Settlement is the actual exchange of securities and payment, finalizing the transaction. These processes reduce risk, promote market stability, and are often handled by specialized institutions called clearing houses. Timely and accurate clearing and settlement are essential for the smooth functioning of financial markets.
More about Clearing Settlement jobs
Infographic showing various Clearing Settlement job openings in the United States as of August 2026, with employment types broken down into 75% Full Time, and 25% Contract. Highlights an 50% In-person, 25% Hybrid, and 25% Remote job distribution, with an average salary of $40,473 per year, or $19.5 per hour.

Vice President, Product Management - Clearing and Reconciliation, Network Products

MasterCard

O Fallon, MO • On-site

$204K - $326K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 13 days ago


Job description

Our Purpose

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're helping build asustainableeconomy where everyone can prosper. We support a wide range of digital payments choices, making transactionssecure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

Title and Summary

Vice President, Product Management - Clearing and Reconciliation, Network ProductsRole Overview
This role will lead the strategy, development, and execution of Real-Time Clearing, Clearing on Behalf, and Next-Generation Reconciliation, playing a key role in delivering on Mastercard's Immediacy Strategy and Vision 2030.
The position is critical to scaling clearing capabilities, accelerating innovation, and driving measurable revenue and network impact.
Key Responsibilities
- Act as the Global Product Management Lead for Clearing and Reconciliation.
- Own the product strategy, roadmap, and execution for clearing programs and reconciliation capabilities.
- Drive product performance, adoption, and revenue growth across clearing offerings.
- Serve as a senior product voice and internal evangelist, aligning teams and leaders around product vision.
- Partner closely with Product Development, Network Operations, Go-To-Market,-Finance, and Technology teams to deliver roadmap outcomes.
- Lead the optimization and scaling of the Clearing Program and supporting services.
- Manage and mentor high-performing product management teams.
- Provide strategic insights based on customer needs, market trends, and network priorities.
All About You
- 10+ years of experience within Mastercard or the broader card payments ecosystem.
- Deep expertise in authorization, clearing, settlement, and reconciliation.
- Proven leader with experience managing complex, global product portfolios.
- Experience managing teams.
- Strong strategic thinker with ability to drive execution across matrixed teams.
- Confident communicator with senior stakeholder and customer-facing experience.
- Comfortable representing Mastercard in internal forums and industry engagements.
- Bachelor's degree required, advanced degree preferred.Mastercard is a merit-based, inclusive, equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. We hire the most qualified candidate for the role. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact reasonable_accommodation@mastercard.com and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.

Corporate Security Responsibility


All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:

  • Abide by Mastercard's security policies and practices;

  • Ensure the confidentiality and integrity of the information being accessed;

  • Report any suspected information security violation or breach, and

  • Complete all periodic mandatory security trainings in accordance with Mastercard's guidelines.

In line with Mastercard's total compensation philosophy and assuming that the job will be performed in the US, the successful candidate will be offered a competitive base salary and may be eligible for an annual bonus or commissions depending on the role. The base salary offered may vary depending on multiple factors, including but not limited to location, job-related knowledge, skills, and experience. Mastercard benefits for full time (and certain part time) employees generally include: insurance (including medical, prescription drug, dental, vision, disability, life insurance); flexible spending account and health savings account; paid leaves (including 16 weeks of new parent leave and up to 20 days of bereavement leave); 80 hours of Paid Sick and Safe Time, 25 days of vacation time and 5 personal days, pro-rated based on date of hire; 10 annual paid U.S. observed holidays; 401k with a best-in-class company match; deferred compensation for eligible roles; fitness reimbursement or on-site fitness facilities; eligibility for tuition reimbursement; and many more. Mastercard benefits for interns generally include: 56 hours of Paid Sick and Safe Time; jury duty leave; and on-site fitness facilities in some locations.

Pay Ranges

O'Fallon, Missouri: $204,000 - $326,000 USDNew York City, New York: $245,000 - $391,000 USDPurchase, New York: $235,000 - $375,000 USD