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Otc Clearing Jobs (NOW HIRING)

Barclays

Prime Services Negotiator VP

New York, NY · On-site

... OTC clearing agreements, and ISDA master agreements, Intermediation agreements (FXPBA), repurchase agreements (GMRA/GMSLA) and stock lending agreements (MSLA)), and provide the highest quality of ...

Barclays

Prime Services Negotiator VP

Campus, IL · On-site

... OTC clearing agreements, and ISDA master agreements, Intermediation agreements (FXPBA), repurchase agreements (GMRA/GMSLA) and stock lending agreements (MSLA)), and provide the highest quality of ...

Citigroup, Inc.

Fixed Income Sr Lead

New York, NY · On-site

$211K - $316K/yr

Have strong understanding of the margin, credit, clearing and legal requirements that support such OTC transactions by working closely with the relevant teams. * Forge strong relationships with key ...

Cognixia

Middle Office Trade Support

New York, NY · On-site

$18.50 - $24/hr

... Clearing, Uncleared Swap Margin) Confirm derivatives transactions (OTC's, Swaps, Futures, ) with executing brokers in the evening Confirm derivatives transactions (OTC's, Swaps, Futures, ) with ...

Cognixia

Middle Office Trade Support

New York, NY

$18.50 - $24/hr

... Clearing, Uncleared Swap Margin) Confirm derivatives transactions (OTC's, Swaps, Futures, ) with executing brokers in the evening Confirm derivatives transactions (OTC's, Swaps, Futures, ) with ...

RIT Solutions

Sr. Java Developer

Manhattan, NY · Hybrid

$63 - $80.50/hr

... OTC) & Compliance Domain Knowledge or Experience * 2- Financial Services Domain Knowledge, Global Transaction Banking Exp * 3- Experience building solutions for Cash Clearing products * 4- Experience ...

RIT Solutions, Inc.

Sr. Java Developer

Manhattan, NY · Hybrid

$63 - $80.50/hr

... Equities / OTC) & Compliance Domain Knowledge or Experience 2- Financial Services Domain Knowledge, Global Transaction Banking Exp 3- Experience building solutions for Cash Clearing products 4- ...

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All JobsOtc Clearing Jobs

Otc Clearing information

See salary details

$31K

$36.3K

$50.5K

How much do otc clearing jobs pay per year?

As of Jun 15, 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.

Risk Manager - Clearing and Derivatives

Gerald Group

Stamford, CT • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 17 days ago

Job description

Summary:

The Risk Manager – Clearing and Derivatives is responsible for the reporting, monitoring, reconciliation, and margining of the company’s futures, forwards, swaps, and options. This role requires a hands-on approach in a fast-paced environment to ensure the accuracy of trade data, alignment between the trading desk and back office systems, and efficient deployment of company’s capital. The position covers derivative trading activities across commodity exchanges in China, Singapore, London, and Chicago, as well as OTC bullion markets in London, with direct interaction with a variety of brokers. The ideal candidate should possess demonstrated middle office experience with commodities derivatives from a trading company or division, along with the ability to identify and resolve issues swiftly in a dynamic setting.

 

Responsibilities:

  • Ensure daily alignment between trading system and brokers. Resolve trade breaks promptly
  • Agree trade settlements and provide back-office support for accurate record keeping
  • Analyze collateral and margins posted to brokers to devise and action efficient transfers and reallocations
  • Agree daily margin calls, ensuring no overcollateralization occurs
  • End of day margin call forecasting based on daily MTM and trading activity
  • Coordinate with Treasury and finance departments to allocate hedges into TPA accounts with banks
  • Manage relationships with brokers
  • Performs other related duties as necessary or assigned

Required Skills/Abilities:

  • Bachelor's Degree in Business, Finance, Economics or equivalent preferred
  • Minimum of 5 years of experience with commodity trading and derivative products
  • Proficient in Microsoft Office Suite with advanced Excel skills
  • Strong organizational, communication and presentation skills required 
  • Proven leadership ability, dedication, and commitment a must
  • Ability to work in office Monday through Friday

Employee Programs & Benefits:

  • Comprehensive medical, dental, vision, and life insurance benefits
  • Commuter benefits
  • Flexible Spending Accounts
  • Health Saving Account
  • 401(k) plan with company match
  • Short- and long-term disability
  • Tuition reimbursement
  • Paid time off for vacation, personal, and sick time

We are an equal-opportunity employer. Our teams consist of professionals with diverse backgrounds and skill sets, all of which contribute to the efficacy and profitability of our operations. We take pride in our contributions in aiding developing economies, reducing carbon emissions, and in building towards a more progressive and equitable future.

Employment Type: FULL_TIME

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