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Prime Broker Jobs (NOW HIRING)

Caxton Associates

Operations Manager

New York, NY · On-site

$120K - $160K/yr

S. prime brokers and counterparties, supporting relationship management and day-to-day treasury operations. Requirements * Minimum 5 years of middle office operational experience, preferably with a ...

Caxton Associates

Operations Manager

New York, NY · On-site

$120K - $160K/yr

S. prime brokers and counterparties, supporting relationship management and day-to-day treasury operations. Requirements * Minimum 5 years of middle office operational experience, preferably with a ...

Caxton Associates

Operations Manager

New York, NY

$120K - $160K/yr

S. prime brokers and counterparties, supporting relationship management and day-to-day treasury operations. Requirements * Minimum 5 years of middle office operational experience, preferably with a ...

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Prime Broker information

See salary details

$25.5K

$66.7K

$117K

How much do prime broker jobs pay per year?

As of Jul 13, 2026, the average yearly pay for prime broker in the United States is $66,677.00, according to ZipRecruiter salary data. Most workers in this role earn between $48,000.00 and $75,000.00 per year, depending on experience, location, and employer.

What are Prime Brokers?

Prime brokers are specialized financial institutions or divisions within banks that provide a suite of services to hedge funds, asset managers, and other large investment clients. Their services include trade execution, custody of assets, financing, securities lending, and risk management solutions. Prime brokers act as intermediaries between their clients and the broader financial markets, enabling clients to efficiently manage and leverage large, complex portfolios. They play a crucial role in facilitating short selling, margin financing, and consolidated reporting for institutional investors.

Is JP Morgan a prime broker?

JP Morgan is a major global financial institution that offers prime brokerage services to hedge funds and institutional clients. As a prime broker, JP Morgan provides services such as securities lending, clearing, and custody, supporting trading and investment activities. Job roles in prime brokerage at JP Morgan typically require knowledge of financial markets, risk management, and relevant certifications.

How does a Prime Broker typically collaborate with hedge funds and asset managers on a daily basis?

Prime Brokers work closely with hedge funds and asset managers to provide a range of services such as trade execution, custody, and financing. On a daily basis, they coordinate with clients to facilitate short selling, manage collateral, and ensure smooth settlement of trades. Regular communication is essential to address client needs, resolve operational issues, and provide market insights. This collaboration is vital for helping clients efficiently manage their investment strategies and navigate complex financial markets.

What exactly does a prime broker do?

A prime broker provides services to hedge funds and professional investors, including trade execution, clearing, custody, and financing of securities. They also offer risk management tools, leverage, and access to a broad range of markets, often using specialized trading platforms. Prime brokers play a key role in facilitating large and complex trading strategies while ensuring operational efficiency.

How to become a prime broker?

Becoming a prime broker typically requires extensive experience in finance, particularly in securities lending, clearing, and custody services. Candidates often hold a bachelor's degree in finance, economics, or related fields, and may pursue certifications like the CFA. Strong analytical skills, knowledge of trading platforms, and regulatory compliance are also essential for entry into this role.

What are the key skills and qualifications needed to thrive as a Prime Broker, and why are they important?

To thrive as a Prime Broker, you need a solid background in finance, capital markets, and risk management, often supported by a relevant degree or industry certifications like CFA. Familiarity with trading platforms, securities lending systems, and risk analysis tools is typically required. Strong client relationship management, problem-solving abilities, and effective communication are crucial soft skills for success in this role. These competencies enable Prime Brokers to provide tailored solutions, manage risk, and maintain trust with institutional clients in a competitive financial environment.

How much do prime brokers make?

Prime brokers typically earn between $100,000 and $300,000 annually, with senior roles and bonuses potentially increasing total compensation. Compensation depends on experience, performance, and the size of the firm, often including base salary, bonuses, and profit-sharing. Strong analytical skills and industry knowledge are important for success in this role.

What is the difference between Prime Broker vs Clearing Analyst?

AspectPrime BrokerClearing Analyst
Required CredentialsFinance degree, securities licenses (e.g., Series 7, 63)Finance or related degree, securities licenses often preferred
Work EnvironmentInvestment banks, hedge funds, asset managersBrokerage firms, clearinghouses, financial institutions
Employer & Industry UsageUsed in hedge fund and asset management operationsCommon in securities clearing and settlement processes
Comparison Search IntentUnderstanding roles in securities servicesClarifying back-office functions in trading

Prime Brokers and Clearing Analysts both operate within the financial industry, often in securities firms or investment banks. Prime Brokers provide comprehensive services to hedge funds, including trade execution, financing, and custody. Clearing Analysts focus on the back-office process of clearing and settling trades, ensuring smooth transaction completion. While their roles differ, both require financial knowledge and securities licenses, and they are integral to the trading ecosystem.

More about Prime Broker jobs
What cities are hiring for Prime Broker jobs? Cities with the most Prime Broker job openings:
What states have the most Prime Broker jobs? States with the most job openings for Prime Broker jobs include:
What job categories do people searching Prime Broker jobs look for? The top searched job categories for Prime Broker jobs are:
Prime Broker jobs near you
Infographic showing various Prime Broker job openings in the United States as of July 2026, with employment types broken down into 90% Full Time, 5% Part Time, and 5% Contract. Highlights an 78% Physical, 6% Hybrid, and 16% Remote job distribution, with an average salary of $66,677 per year, or $32.1 per hour.

Analyst, Prime Margin

Cantor Fitzgerald Securities

Jacksonville, FL

Full-time

Posted 3 days ago

New

Job description

The Prime Services Margin Analyst will play a crucial role in our Middle Office team, supporting multiple domestic legal entities. This entry-level position offers an excellent opportunity to develop expertise in margin operations, collateral management, and risk oversight within a dynamic prime brokerage environment. The successful candidate will collaborate with various teams, ensuring smooth operations and compliance with regulatory standards.
  • Bachelor's degree in Finance, Accounting, Economics, Business, or a related field.
  • 0-2 years of experience in financial services, operations, middle office, risk, or brokerage operations (internship experience considered).
  • Strong analytical, problem-solving, and organizational skills, with a keen attention to detail.
  • Excellent verbal and written communication abilities, enabling effective client interaction and collaboration.
  • Ability to thrive in a fast-paced, client-focused environment, managing multiple priorities simultaneously.
  • Team-oriented mindset with a proactive and collaborative approach to problem-solving and project execution.
  • Basic understanding of accounting principles and financial markets, with a desire to learn and develop further.
  • Proficiency in Microsoft Excel, with familiarity or willingness to learn financial systems and Bloomberg.
  • Interest in or exposure to Prime Brokerage, Margin Operations, Brokerage Operations, or Collateral Management is preferred.
  • Understanding of Regulation T, FINRA margin requirements, and portfolio margin concepts is an asset.

#LI-EM1

  • Serve as the primary point of contact for client and administrator inquiries related to Prime Services accounts.
  • Issue and monitor margin calls to maintain required equity levels in client accounts.
  • Review daily cash and margin account activities for compliance with Regulation T, FINRA, and internal risk policies.
  • Support the administration and maintenance of portfolio margin accounts.
  • Process and reconcile daily operational workflows, controls, and exception items.
  • Partner with Operations, Risk, Finance, and Front Office teams to resolve client inquiries and operational issues promptly.
  • Monitor account activity, settlement exceptions, fails, and cash movements across Prime Brokerage accounts.
  • Identify opportunities for workflow streamlining and operational efficiency improvements through automation and process enhancements.
  • Escalate operational risks, control issues, and exceptions in a timely manner, ensuring effective risk management.
  • Participate in project work, testing initiatives, and ad hoc operational requests as needed.

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