Options Clearance Manager
Phaxis · New York, NY · 1 wk ago
HybridFinanceFull-time
Day to Day
- Lead end-to-end options clearing across the broker-dealer, ensuring accuracy, timeliness, and risk mitigation
- Oversee clearing support across options, equities, money markets, and futures
- Manage OCC processes including settlements, funding, margin, and lifecycle events
- Drive operational improvements and implement industry and regulatory initiatives
- Partner closely with senior stakeholders across Operations, Risk (Credit & Market), Front Office, and Technology
- Manage vendor relationships and support critical infrastructure enhancements
Requirements
- 10+ years of options clearing experience (firm and customer activity)
- Deep expertise with OCC processes, including settlements, margin, and funding
- Strong knowledge of CMTA workflows and billing
- Familiarity with OCC Encore and back-office systems (ADP/BPS a plus)
- Working knowledge of equity clearing and relevant regulatory frameworks
- Proven ability to operate in a fast-paced environment, manage multiple priorities, and communicate effectively with senior stakeholders