Senior Associate - Asset Servicing

As a Senior Associate - Asset Servicing at Clear Street, you will be responsible for various essential tasks including corporate actions processing, proxy vote and prospectus delivery, and managing US tax withholding and remittances. Additionally, you'll be engaged in cost basis support and will address both inbound and outbound inquiries. Your role is crucial to driving efficiency and improving processes within the Asset Servicing team, ensuring we maintain our high standards in customer service.

To be considered for the Senior Associate - Asset Servicing role at Clear Street, you should possess a minimum of two years of experience in Financial Services. While it's not mandatory, candidates who are willing to obtain the Series 99 and/or Series 7 licenses will have an advantage. Knowledge of asset servicing operations is considered a bonus. A self-starter mentality and the ability to thrive in a fast-paced environment are also crucial for success in this role.

The compensation for the Senior Associate - Asset Servicing role at Clear Street typically ranges from $115,000 to $140,000, depending on factors like relevant experience, skills, and location. This base salary is just one part of our comprehensive compensation package, which includes bonuses, equity participation, 401k matching, and full medical, dental, and vision coverage to ensure our employees are well taken care of.

At Clear Street, the work environment for a Senior Associate - Asset Servicing is collaborative and engaging. Since our priority is to build a strong culture, we encourage teamwork and knowledge-sharing among team members. With our requirement for in-office work four days a week, you’ll enjoy the benefits of a vibrant workspace, including lunch stipends, stocked kitchens, and regular happy hours. We focus on creating a supportive atmosphere where everyone can thrive and contribute to our collective success.

Joining Clear Street as a Senior Associate - Asset Servicing opens up several pathways for professional growth. The role offers the opportunity to work closely with experienced finance professionals and engage in technology and product enhancement initiatives. You’ll receive consistent cross-training to empower you with diverse skills. Our commitment to fostering a high-performance workforce means you’ll have the support and resources you need to develop and elevate your career within our dynamic organization.

When answering this question, it’s essential to highlight specific experiences you’ve had with corporate actions, detailing any processes you were a part of, how you handled announcements, and how you ensured accuracy and compliance. Mention any software tools you used and how those experiences have prepared you for the Senior Associate role at Clear Street.

Discuss your time management strategies and provide examples of how you've effectively prioritized tasks under pressure. Sharing a specific instance where you met a deadline in a high-stakes environment will demonstrate your ability to perform in similar situations expected at Clear Street.

Your answer should reflect your genuine passion for the industry. Highlight aspects that excite you, like ensuring operational efficiency, delivering quality service, or the opportunity to contribute to innovative solutions. Relate your motivations back to what Clear Street is aiming to achieve in asset servicing.

To answer this, outline your methods for verifying accuracy, such as cross-checking data and understanding regulatory requirements. Mention any experiences you have had with tax reporting that reinforce your diligence and attention to detail, especially in the context of a Senior Associate - Asset Servicing role at Clear Street.

Focus on how you’ve successfully managed client inquiries and transactions in previous roles. Highlight your communication skills and any specific instances where you resolved complex client issues, showcasing your ability to build rapport and trust, which is essential at Clear Street.

Mention any specific industry-standard software or tools you are familiar with, emphasizing how you’ve utilized these technologies to enhance accuracy or efficiency. Relating your experience to Clear Street’s innovative technology environment will also be beneficial.

Your response should emphasize your enthusiasm for continuous learning and adaptability. Discuss proactive strategies you’ve used before, such as leveraging resources, seeking mentorship, or engaging in training programs, which will convey your readiness to grow in the Senior Associate capacity at Clear Street.

Be prepared to explain not only the issue you identified but also how you implemented solutions and measured their success. Frame it in a way that aligns with Clear Street's focus on efficiency and teamwork.

Show your familiarity with Clear Street’s mission and values. Expressing enthusiasm about being part of a firm that innovatively transforms financial institutions will resonate well. Connect your career goals to what Clear Street is striving to achieve.

Discuss how the Senior Associate - Asset Servicing role at Clear Street aligns with your career trajectory. Articulate a vision for growth within the firm, showing that you are not only focused on immediate responsibilities but also on contributing to Clear Street’s future.