Also called: Clearing Analyst, Trade Operations Specialist
Makes sure every trade gets settled correctly, with money and securities ending up in the right place.
You find 12 trades that did not match overnight, call the other firms to fix them and make sure they settle before the deadline.
Approximate: anchored on Bureau of Labor Statistics data for a broader job group.
Bachelor's degree (4-year), about 2 years after high school. Bachelor's often preferred; trained on the job.
Ways in: 4-year college, On-the-job training. Training cost: $15k – $60k.
Majors to look at: Finance, Business.
Growing slowly. Shrinking with automation and faster settlement.
High risk for 10 years. Settlement is heavily automated; fewer people needed, mostly to fix exceptions and work with clearing houses.
Classes: Accounting class, Computer apps class.
Official data: O*NET occupation 43-4011.
Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.