Clearing Operations Manager

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New York, NY, USA
In-Office
Senior level
Information Technology • Software
The Role
Own and build clearing operations for a CFTC-regulated exchange: evaluate DCO clearing environment, create SOPs/runbooks, manage settlement, treasury, reconciliation, SLAs, escalations, and partner with Control Desk, Finance, Compliance, Product, and Engineering to build tooling and resolve operational incidents.
Summary Generated by Built In
About Polymarket

Polymarket is the world's largest prediction market platform. We enable individuals to express views on real-world events by trading on outcomes across politics, economics, sports, culture, and current affairs. Built as a peer-to-peer marketplace with no centralized "house," Polymarket aggregates diverse opinions into transparent, market-based probabilities that reflect collective expectations about the future.

We're growing fast — both in terms of volume ($21B traded in 2025) and adoption as an alternative news source. Our ambition is to become a ubiquitous beacon of truth in global media and we need your help adding fuel to the fire.

About the Role

Polymarket is looking for a Manager of Clearing and Treasury Operations to own clearing/treasury operations across our Control Desk, Clearinghouse, DCO, DCM, and ISV functions. Polymarket US is a CFTC-regulated Designated Contract Market and Derivatives Clearing Organization — and we are building the operational backbone from the ground up. This is not a maintenance role. You will help define what good looks like, build processes that don't yet exist, and operate in a regulated environment that moves faster than most.

The right person has spent real time in the operational trenches of financial markets — worked through breaks, failed settlements, liquidity crunches, and regulatory inquiries firsthand. You need to be senior enough to make sound decisions independently, hands-on enough to build SOPs yourself, and sharp enough to identify what's broken before it becomes a problem. This is a rare opportunity to get in early, build from the ground up, and leave a permanent mark on how a next-generation exchange operates.

What You'll Do
  • Evaluate the existing DCO clearing/treasury environment and identify what needs to be built, improved, or replaced to support scale

  • Own clearing/treasury-related SOPs, runbooks, escalation paths, and internal documentation — if a process doesn't have a document, you write it; if it's outdated, you fix it

  • Partner daily with Control Desk, Clearinghouse, DCM, DCO, Finance, Treasury, Compliance, Product, Engineering, the ISV team, and CX to keep clearing/treasury operations running and drive improvements across all touch points

  • Serve as the operational thought leader for client-facing process quality — translate user pain points into process improvements and SLA enhancements, and close the loop between what clients experience and how the back office operates

  • Support treasury management, cash movement, reconciliation, settlement, and liquidity workflows; understand where the money is at every point in the lifecycle

  • Define and operate within SLAs — where they don't yet exist, propose them, document them, and hold the organization to them

  • Identify operational gaps, control weaknesses, and tooling deficiencies; bring problems forward with proposed solutions, not just observations

  • Partner with Product and Engineering to build and improve clearing/treasury tools, exception management workflows, dashboards, and operational controls

  • Support issue triage and resolution across clearing, settlement, treasury, and exchange operations — stay calm when things go sideways and move quickly to resolve

What We're Looking For
  • 5+ years of hands-on experience in financial markets operations with direct, demonstrated depth across clearing, settlement, and treasury

  • Hands-on experience with treasury management, liquidity operations, cash movement, and reconciliation workflows — you understand where the money is and how it moves at every point in the lifecycle

  • Strong working knowledge of clearing and treasury workflows, trade lifecycle, reconciliation, settlement, operational controls, and escalation management

  • Experience operating in regulated financial services environments with a practical understanding of what compliance and control actually require

  • Ability to independently create SOPs, process maps, controls documentation, and runbooks — you don't need someone to write the outline

  • Strong analytical skills with the ability to work fluidly across business, compliance, finance, and technical teams without losing the thread

  • Prior experience at an FCM, clearinghouse, exchange, broker-dealer, or regulated fintech

  • Self-starter mentality — you know what matters and go after it without waiting to be told

  • Calm under pressure and able to operate effectively in a high-velocity, high-stakes environment

  • (Plus) Experience with futures, options, swaps, derivatives, or other exchange-traded products

  • (Plus) Experience partnering with Product and Engineering to build operational tooling, exception workflows, or internal controls infrastructure

Benefits
  • Competitive salary & equity

  • Unlimited PTO

  • Full Health, Vision, & Dental coverage

  • 401k match

  • Hardware setup: new MacBook Pro, big display, & accessories

Skills Required

  • 5+ years of hands-on experience in financial markets operations with depth across clearing, settlement, and treasury
  • Hands-on experience with treasury management, liquidity operations, cash movement, and reconciliation workflows
  • Strong working knowledge of clearing workflows, trade lifecycle, reconciliation, settlement, operational controls, and escalation management
  • Experience operating in regulated financial services environments with practical understanding of compliance and controls
  • Ability to independently create SOPs, process maps, controls documentation, and runbooks
  • Strong analytical skills and ability to work across business, compliance, finance, and technical teams
  • Self-starter mentality, able to prioritize and act without direction
  • Calm under pressure and effective in high-velocity, high-stakes environments
  • Experience with futures, options, swaps, derivatives, or other exchange-traded products
  • Prior experience at an FCM, clearinghouse, exchange, broker-dealer, or regulated fintech
  • Experience partnering with Product and Engineering to build operational tooling, exception workflows, or internal controls infrastructure

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The Company
HQ: New York, New York
84 Employees
Year Founded: 2020

What We Do

Polymarket is an information markets platform, where speculators bet on the world's most highly-debated topics (COVID, Politics, etc) — producing actionable insight on the matters most important to society, and helping you better plan for your future.

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