Associate Director, Fixed Income Corporate Actions New ...

OverviewAssociate Director, Fixed Income Corporate ActionsNew York, NYAbout Clear Street: Clear Street is building new infrastructure for today’s financial institutions. Founded in 2018, Clear Street is an independent, non-bank prime broker replacing the legacy infrastructure used across the capital markets today.We started from scratch by building a completely cloud-native clearing and custody system designed for today’s complex global markets. Clear Street’s proprietary prime brokerage platform adds significant efficiency to the market, while focusing on minimizing risk and cost for clients regardless of size or revenue opportunity. Our goal is to create a single source-of-truth platform for every asset class, in every country, and in any currency. By combining highly-skilled product and engineering talent with seasoned finance professionals, we’re building the essentials to compete in today’s fast-paced markets.The Team: The Asset Servicing team is responsible for managing a broad range of post-trade operational functions with a focus on accuracy, timeliness, and risk mitigation. This role will sit within the Corporate Actions vertical, which is responsible for processing, validating, and overseeing all events related to fixed income securities, including but not limited to:Fixed Income Corporate Action processing (mandatory and voluntary)Interest payments and principal redemptionsReorganizations and restructurings (e.g., tender offers, consent solicitations, conversions, calls)Class actions and litigation tracking related to fixed income instrumentsReconciliation of entitlements and position balancesCommunication and coordination with custodians, counterparties, and internal stakeholdersThe RoleThe Associate Director will assist with the day-to-day processing of Fixed Income Corporate Actions. This includes capturing, validating, and processing corporate action events, handling inquiries from internal teams and external clients, ensuring accurate reconciliation of firm and client positions, and resolving discrepancies related to fixed income instruments. The individual will also work closely with other internal teams to enhance systems and processes, drive automation, and mitigate risk across the lifecycle of corporate actions. This role is suited for a proactive, detail-oriented professional with a strong understanding of fixed income securities and corporate actions processing.Key ResponsibilitiesEnd-to-end processing of all fixed income corporate actions (mandatory and voluntary)Monitoring of event timelines, ensuring all critical deadlines are metValidation of entitlements based on complex fixed income instrument termsSupporting reconciliations of firm and client positions related to corporate action eventsResponding to internal and external inquiriesIdentifying and escalating exceptions and breaks, with root cause analysis and resolutionParticipating in strategic projects and system enhancements to improve fixed income corporate actions processingAssisting in training and mentoring junior staff, as well as cross-functional collaborationQualifications7–10 years of experience in Financial Services with a strong focus on Fixed Income Corporate Actions or related operationsDeep understanding of fixed income products (corporate bonds, municipal bonds, structured notes, etc.) and their associated lifecycle eventsExperience with FED and DTCStrong analytical and reconciliation skills with attention to detailFamiliarity with U.S. tax implications on fixed income instruments is a plusComfortable working in a fast-paced, high-volume environment with tight deadlinesExperience managing or mentoring junior team members is preferredSeries 99 and/or Series 7 licensing is a plus or willingness to obtainExperience with domestic and international equity corporate actions processing is a plusWe OfferThe Base Salary Range is $140,000 - $175,000. These ranges are representative of the starting base salaries for this role at Clear Street. Which range a candidate fits into and where a candidate falls in the range will be based on job related factors such as relevant experience, skills, and location. These ranges represent Base Salary only, which is just one element of Clear Street's total compensation. The ranges stated do not include other factors of total compensation such as bonuses or equity.Clear Street offers competitive compensation packages, company equity, 401k matching, and comprehensive medical, dental, and vision insurance. Our in-office policy requires employees to be in the office 4 days per week. In-office benefits include lunch stipends, fully stocked kitchens, happy hours, a great location, and amazing views.Our top priority is our people. We’re investing in a culture that promotes collaboration, celebrates successes, and values diversity in ideas, cultures, and experiences. We are an equal opportunity employer. #J-18808-Ljbffr

Created: 2025-09-17