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Otc Clearing Jobs (NOW HIRING)

Cycles is a startup focused on clearing debt through innovative financial solutions. The ... OTC desk, market maker, prime broker, exchange, or TradFi institution. โ€ข You know post trade ...

... OTC and Exchanged traded derivatives trade life cycle and trade events like unwind, novations etc. and typical market participants and related processes like affirmations, confirmations, clearing etc.

Contribute to intraday risk and clearing certainty platforms for OTC and ETD businesses. Adopt and leverage an N-tier, component-based architecture. Collaborate with business, credit risk, and ...

... OTC Trades by creating the PDF confirmation to directly send to clients * Handle Canada trades with EMSX tickets from Bloomberg, clearing and confirmations to clients * Proactively review trade flow ...

Junior Broker, EQD - VN2556

New York, NY ยท On-site

$70K - $80K/yr

... OTC Trades by creating the PDF confirmation to directly send to clients * Handle Canada trades with EMSX tickets from Bloomberg, clearing and confirmations to clients * Proactively review trade flow ...

OR

$160K - $220K/yr

Familiarity with clearing processes and operational risk management best practices * 5-6 years of experience in listed derivatives, repo, treasury, or OTC markets, ideally at a clearing house ...

OR

$100K - $140K/yr

Familiarity with clearing processes and operational risk management best practices * 1-2 years of experience in listed derivatives, repo, treasury, or OTC markets, ideally at a clearing house ...

Showing results 41-60

Otc Clearing information

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$31K

$36.3K

$50.5K

How much do otc clearing jobs pay per year?

As of Aug 9, 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?

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:
Infographic showing various Otc Clearing job openings in the United States as of August 2026, with employment types broken down into 71% Full Time, 27% Part Time, 1% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $36,260 per year, or $17.4 per hour.

Full-time

Re-posted 2 days ago


Job description

Overview
Job Purpose
ICE Clear Credit is the world's largest systemically important Clearinghouse for Credit Default Swaps (CDS). It is an entrepreneurial and aggressive organization that implements world-class clearing solutions.
ICE Clear Credit is seeking a Product Analyst to work closely with our internal Business and Technology teams to define end-to-end systems requirements for initiatives related to Clearinghouse systems.
Responsibilities
  • Produce detailed business and functional requirement specifications from existing systems, previous drafts, and SME interviews
  • Perform analysis including 'pre-development' Excel/VBA/Python based tools and prototypes that cover various what-if scenarios and use-cases that will ultimately assist with development, testing and support
  • Understand and identify dependencies/impacts to the entire ecosphere of ICCs Clearing Systems - proactively identify dependencies and impacts of changes to other clearing systems
  • Participate in overall technology architecture, design and implementation sessions with the development team, resolving questions and issues around business/functional requirements through release planning and prioritization.
  • Hands on involvement with QA and UAT test plan reviews and defining user acceptance criteria- ensuring the product delivers to its critical business requirements and objectives - and ensures high end-user satisfaction
  • Respond to technical and functional product questions raised by internal and external stakeholders

Knowledge and Experience
  • Bachelor's degree required. Master's degree (Computer Science, Finance, Financial Engineering, Mathematical Finance etc.) preferred.
  • Must have 5+ years prior experience in business analysis or product management and worked as a liaison between Business and Technology teams as part of the SDLC process.
  • Background in Fintech or Technology, with exposure to OTC Credit Derivatives and/or other OTC products such as Interest Rate Derivatives, Structured Products, or Options.
  • Experience working within an integrated technology environment - using relational databases, REST APIs and UIs to read and analyze data. Comfortable with documenting business and system requirements including documentation of comprehensive use-cases and working within iterative software development environment. Most importantly, being an integral part of the technology organization.
  • Deep analytical mindset, problem solving skills and can-do attitude.
  • Ability to plan, estimate and deliver timeframes in conjunction with Tech leads and Project Management.
  • Exceptional interpersonal communication, relationship management and organizational skills.
  • Should be able of evolving a product from its Minimum Viable Product (MVP) to its full target state through iterative development, with a strong focus on accelerating time to market.
  • Early career professionals with the above academic credentials - working in technology departments at financial institutions
  • Data analysis - Must have advanced proficiency with SQL, Microsoft Excel-VBA or Python.
  • Knowledge and practical experience with AI-assisted development tools such as Github Copilot, Claude, Cursor or similar platforms.

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Intercontinental Exchange, Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to legally protected characteristics.