Junior Clearing Operations Associate

ibkr

Budapest, Hungary · Budapest · Hungary

Posted May 12, 2025

Other
Hybrid
Brokerage Operations

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Job description

Company Overview

Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technology and client commitment.

IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds and introducing brokers. Our advanced technology, competitive pricing, and global market help our clients to make the most of their investments.

Barron's has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi-national team and be a part of a company that simplifies and enhances financial opportunities using state-of-the-art technology.

Position

Interactive Brokers (IBKR) seeks an Operations Associate to join our Clearing Department at our Budapest office. The Clearing Department is responsible for various functions, including trade and position reconciliation, settlement processing, stock loan (securities lending) transaction reconciliation, fail management, and client account transfers. Team members will generally gain exposure to many of these functions during their career development.

The Associate will be expected to operate, enhance, and test the group’s constantly evolving, proprietary back office systems. Analysis of transaction data, settlement risk and other operational risk assessments will be an ongoing responsibility. The ideal candidate will be able to interface seamlessly with internal and external customers, counterparties, and clearing organizations. All associates are expected to focus on automated solutions to complex problems of varying degrees. Skills required include the ability to learn to work with sophisticated computer systems developers, eventually including the creation of business specifications for new or enhanced system functionality and new product support.

Responsibilities

Trade and Position reconciliation
Settlement processing and fail management
Understand Securities Lending
Derivative clearing system monitoring and operating
Coordinate with Clearing houses and Central securities depositories for maintaining the clearing system

Qualifications, Skills & Attributes

Minimum qualifications:

Commercial apprenticeship, preferably in the banking or finance industry
Experience, coursework, and/or a strong interest in or following the securities markets
Proficient MS Office user; eager to learn new programs and products
Languages: Fluent in English
Detail-oriented and able to work accurately under pressure
Strong problem-solving and analytical skills
Excellent attention to detail
Open-minded team player with good comprehension skills

If you have ambition, motivation and initiative, we can offer you real responsibility and the opportunity to work in a demanding but rewarding team-oriented environment. Are you interested in this challenging position within a financially successful and technologically advanced organization? We are looking forward to receiving your online application.

Company Benefits & Perks

Discretionary annual bonus (cash and stock)
Private healthcare insurance
Subsidized recreational pass (AYCM XL package - 80% employer contribution)
Daily food allowance in the office
Monthly BKK pass
Hybrid way of working (1 day home office/week)
Modern office in the heart of Budapest with free amenities
Great atmosphere with friendly and exceptional colleagues, frequent company outings.
*The benefits package will be reviewed regularly and may be subject to change.