The Role
The Senior Clearing Operations Associate will manage trade reconciliation, settlement processing, monitor derivative clearing systems, and coordinate with clearing houses.
Summary Generated by Built In
Our partner, a global financial services firm, known for its focus on cutting-edge technology and innovation, is seeking a Senior Clearing Operations Associate to join their Budapest team. The company has a strong reputation for delivering advanced trading solutions, and this position plays a key role in ensuring smooth post‑trade operations across global markets.
This position will support key clearing and settlement processes, including trade and position reconciliation, settlement management, securities lending (stock loan) support, and derivative clearing system monitoring. The role involves working with proprietary back‑office systems, analyzing transaction and settlement risk, and collaborating with internal teams, external partners, and clearing organizations.
Key Responsibilities:
- Trade and position reconciliation
- Settlement processing and fail management
- Supporting stock loan (securities lending) operations
- Monitoring and operating derivative clearing systems
- Coordinating with clearing houses and central securities depositories
Requirements
Requirements:
- 3+ years of experience in finance or banking
- Strong interest in securities markets
- Proficiency in MS Office and willingness to learn new systems
- Fluency English
- Excellent analytical skills, attention to detail, and ability to work under pressure
- Collaborative, open‑minded team player
Benefits
Benefits:
- Competitive compensation with annual performance-based bonuses.
- Comprehensive private health insurance.
- Free recreational pass (AYCM XL package).
- Daily meal allowance provided at the office.
- Monthly public transportation pass (BKK).
- Hybrid working model (2 days home office per week).
- A modern, centrally located office in Budapest with free amenities.
- Supportive and collaborative work culture, with regular team events and social activities.
Skills Required
- 3+ years of experience in finance or banking
- Strong interest in securities markets
- Proficiency in MS Office
- Fluency English
- Excellent analytical skills and attention to detail
- Ability to work under pressure
- Collaborative team player
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The Company
What We Do
IDBC Group is a digital recruitment company and an IT & HR services firm, acting as one of Hungary's leading external IT resource providers, specializing in executive search, IT contracting, RPO, and workforce leasing services.
