Associate Clearing Specialist



Amsterdam, Netherlands
Posted on Monday, November 20, 2023

Job Description

Building trusted markets —powered by our people.

At Cboe Clear Europe, we inspire our people to solve complex challenges together because what we do matters. We provide the financial infrastructure that powers the global economy. As a leading provider of market infrastructure and tradable products, Cboe Clear delivers cutting-edge clearing and settlement services.

We are in the heart of the financial markets a leading pan-European central counterparty (CCP). CCPs give protection to both parties in a trade, providing assurance to each party that the trade will settle at the agreed price in the event that one party defaults on its obligations.

Our teams are empowered to share ideas, actively pursue them and bring on a challenge. As champions of internal mobility and access to opportunity, we encourage our people to “go for it” and equip our managers with the training to coach their teams to the next level. Our Associate Resource Groups champion diversity, equity and inclusion, giving associates a safe space to network, share ideas and create opportunities.

Sound like the place for you? Join us!


HBO; 3+ years experience

Accuracy and awareness that processes within the company are interrelated
Fostering a culture of continuous process improvement
Customer-friendly and strong stakeholder management skills
Self starter and pro-active work stance
Flexible work attitude (hours and tasks)

Additional Job Description

Responsible for accurate, controlled and timely handling of the core operational processes within EuroCCP. ACCOUNTABILITIES KEY PERFORMANCE INDICATORS

-Cash equity - processes and monitors activities regarding corporate actions, settlements, buy in’s, reconciliation, etc.
- Correct and timely administration and execution
- Risk management - Ensure margin (including interoperability and Clearing Fund) process is performed including intraday margin.
- Coverage of margin requirements and execution
- Treasury - Funding and collateral management to ensure that sufficient funds are available to make payments when due across all settlement platforms.
- Correct and timely administration and execution
- Static data management - Keep platform, clearing participant and instrument static data and documentation complete and up to date.
- Correct and timely administration and execution
- Other - Participate in projects and facilitate (client) testing activities.
- (Timely) project delivery

- Corporate Action knowlegde is a pré

Benefits and Perks

We value the total wellbeing of our people – including health, financial, personal and social wellness. We believe standard benefits like health insurance and fair pay are a given at any organization. Still, you should know we offer:

  • Fair and competitive salary and incentive compensation packages with an upside for overachievement
  • Cboe Clear offers a premium free pension.
  • Enhanced paid parental leave to support parents
  • Fitness/gym benefit
  • 25 days holiday per year per holiday year for full time employees, increasing with length of service at a rate of one extra day per completed years’ service, up to a maximum of 30 days.
  • Flexible, hybrid work environment
  • Discounted Employee Stock Purchase Plan
  • Complimentary lunch, snacks and drinks in the office
  • Paid tuition assistance and education opportunities
  • Generous charitable giving company match
  • Volunteer opportunities to help you give back to your communities

More About Cboe

We’re reimagining the future of the workplace by focusing on what matters most, our people. Our journey is an inclusive one. We’re investing deeply in leadership programs and career development initiatives that ensure everyone has an equal chance to succeed. We celebrate the diversity in our communities, inside and out, and welcome new perspectives with equity, inclusion and belonging.

We work with purpose, solving problems with ingenuity, collaboration, and a lot of passion. We’re an engaged and excited team connecting markets across borders and embracing growth in all its forms to achieve incredible outcomes.

Any communication from Cboe regarding this position will only come from a Cboe recruiter who has a email or via LinkedIn Recruiter. Cboe does not use any other third party communication tools for recruiting purposes.