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Otc Clearing Jobs (NOW HIRING)

Collabera

Financial Analyst

Chicago, IL

F&O and OTC Clearing Client Service Margin Manager Brief description of the role As a Client Service Representative (CSR) you will be the main point of contact for customers' margin movements dealing ...

Collabera

Compliance Specialist

New York, NY

JD a plus Project management skills desirable Working understanding of Title VII of the Dodd-Frank Act as pertains to the obligations of Swap Dealers Understanding of OTC clearing and trading on swap ...

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All JobsOtc Clearing Jobs

Otc Clearing information

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$31K

$36.3K

$50.5K

How much do otc clearing jobs pay per year?

As of Jun 11, 2026, the average yearly pay for otc 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 is OTC Clearing?

OTC Clearing refers to the process of settling and managing the risks of over-the-counter (OTC) derivatives transactions through a central counterparty (CCP). This process aims to reduce counterparty risk by having the CCP act as the buyer to every seller and the seller to every buyer, ensuring that trades are completed even if one party defaults. OTC clearing has become increasingly important due to regulatory reforms following the 2008 financial crisis, which require more transparency and risk mitigation in derivatives markets. It covers a range of products, including interest rate swaps, credit default swaps, and equity derivatives.

What are the key skills and qualifications needed to thrive as an OTC Clearing professional, and why are they important?

To thrive as an OTC Clearing professional, you need a solid understanding of financial markets, derivatives products, risk management, and typically a degree in finance or a related field. Experience with clearing house platforms, trade confirmation systems, and familiarity with relevant regulations (such as EMIR or Dodd-Frank) are often required, along with certifications like CFA or FRM being advantageous. Strong analytical skills, attention to detail, and effective communication are crucial soft skills for managing complex transactions and collaborating across teams. Mastery of these skills ensures accurate trade processing, regulatory compliance, and the mitigation of operational and financial risks.

What is the difference between Otc Clearing vs Clearing Analyst?

AspectOtc ClearingClearing Analyst
Required CredentialsTypically requires knowledge of OTC derivatives, clearing processes, and relevant certifications like CFA or CCP certificationsRequires understanding of clearing operations, risk management, and often similar certifications
Work EnvironmentOperates within clearing houses, banks, or financial institutions focusing on OTC derivativesWorks in financial institutions, trading firms, or clearinghouses analyzing clearing activities
Employer & Industry UsageCommonly employed in banks, hedge funds, and clearinghouses involved in OTC derivativesEmployed across financial services firms, focusing on clearing operations and risk assessment

While both roles involve clearing processes, Otc Clearing specialists focus specifically on OTC derivatives clearing, whereas Clearing Analysts handle broader clearing operations and risk analysis within financial institutions. Understanding the nuances helps in career planning and job search strategies.

What are some common challenges faced by professionals working in OTC Clearing, and how can they be managed effectively?

Professionals in OTC Clearing often encounter challenges such as managing complex trade reconciliations, staying compliant with evolving regulatory requirements, and addressing tight deadlines for settlements. Effective communication with front office, risk, and compliance teams is essential to resolve discrepancies quickly. Staying up-to-date with regulatory changes and utilizing advanced clearing platforms can help streamline processes and minimize errors, making it easier to meet operational demands and deliver accurate results.
More about Otc Clearing jobs
What cities are hiring for Otc Clearing jobs? Cities with the most Otc Clearing job openings:
What states have the most Otc Clearing jobs? States with the most job openings for Otc Clearing jobs include:
What job categories do people searching Otc Clearing jobs look for? The top searched job categories for Otc Clearing jobs are:
Otc Clearing jobs near you
Infographic showing various Otc Clearing job openings in the United States as of June 2026, with employment types broken down into 69% Full Time, 29% Part Time, and 2% 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.
Account Manager, Prime Services Future and Derivatives Clearing, Assistant Vice President

Account Manager, Prime Services Future and Derivatives Clearing, Assistant Vice President

Citigroup, Inc.

New York, NY • On-site

$98K - $148K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 15 days ago

Job description

The Account Management group within Prime Services is responsible for the overall client experience. The Account Manager should fully understand the strategies executed by their clients and the revenue opportunity for Citi, while looking to leverage the relationship to enhance the client footprint both within FDC and across Prime Services. At all times the priority, content and diversity of the work is dictated by the direction and demands of our clients.
The Account Manager is responsible for defending and driving organic revenue growth, maintaining overall client satisfaction, and promoting client participation across the Futures, OTC Clearing & FX Prime Brokerage product suite (FDC). The Account Manager is also tasked with fostering client efficiency from both a returns and an operational best practice perspective.
Responsibilities:
  • Defend and grow client Futures, OTC Clearing and FXPB revenues with a focus on profitability and returns.
  • Lead existing client relationships serving as a senior point of contact for new opportunities and escalations.
  • Know Your Client - Structure, Strategies, and Service needs.
  • Understanding the client wallet, driving organic growth while identifying opportunities for cross-selling across Prime Services.
  • Host periodic client reviews to determine overall client satisfaction.
  • Partner with clients on expansion into new markets and products. Work with partners in technology and product to realize client asks and monetize new opportunities.
  • Work in partnership with both the client and internal stakeholders to ensure Citi is a top 3 provider.
  • First line of defense to ensure that clients adhere to prescribed risk parameters, working with In Business Risk, and independent Credit Risk management coverage.

Qualifications:
  • At least 3-5 years prior experience in Futures, OTC Clearing and/or FX Prime Brokerage.
  • A strong understanding of risk and control, preferably in the context of the FDC businesses.
  • Cross product knowledge covering Futures, Equities, Fixed Income, FX and Cleared Swaps.
  • Understanding of global markets, including market regulations and operational/settlement procedures.
  • Prior experience in a client facing role is a plus.
  • Willing to Travel for Business.
  • FINRA Series SIE, 3, 7, and 63 will be required.

Skills:
  • Self-motivated with strong organizational skills.
  • Excellent written and verbal communication skills and the confidence to engage in client meetings and discussions.
  • Attention to detail and the commitment to deliver excellent service to a demanding global client base.
  • Superior analytical and problem-solving skills, coupled with a sense of ownership in defining and implementing solutions to client requests / challenges.
  • Strong intellectual grasp of the industry, with the ability to anticipate organizational response to future changes in line with the demands of the business and client base.
  • Natural curiosity, willingness, and motivation to maintain a steep learning curve.
  • Ability to develop deep, broad, and responsive/engaged relationships.
  • AI proficiency a plus.
  • Conversational in Spanish and/or Portuguese a plus.

Education:
  • Bachelor's degree/University degree or equivalent experience

Job Family Group:
Institutional Sales
Job Family:
Investor Sales
Time Type:
Full time
Primary Location:
New York New York United States
Primary Location Full Time Salary Range:
$98,960.00 - $148,440.00
In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
Most Relevant Skills
Please see the requirements listed above.
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
Anticipated Posting Close Date:
Jun 04, 2026
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View Citi's EEO Policy Statement and the Know Your Rights poster.

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