Associate Director of Benefits, Clear Street
$140-160k
4 days a week in office
Modern infrastructure for capital markets
Be an early applicant
Modern infrastructure for capital markets
201-500 employees
Be an early applicant
$140-160k
4 days a week in office
201-500 employees
Company mission
To rebuild the infrastructure that supports the capital markets, bringing them into the future.
Role
Who you are
- At least five to eight (5-8) years of experience in related HR roles, and at least five (5) years of experience in benefits are required
- Knowledge of federal, state, and local labor laws and regulations
- Experience with benefits is required, included knowledge of health and welfare benefit programs including healthcare, life, and wellbeing benefits
- Prior experience managing third party vendors (medical, dental, 401K, commuter benefits, etc…) is required
- Proficiency in HRIS systems and payroll software is required, experience with UKG Ready is preferred
- Must have strong attention to detail and accuracy in data management, as well as having an ability to handle sensitive and confidential information with discretion
- Excellent communication and interpersonal skills are required
- Must have strong problem-solving skills, along with the ability to work independently and as part of a team
- A natural curiosity to inquire about existing processes and systems and a desire to learn and understand all of the background necessary to make informed decisions on change is required
- Certification in HR or a related field (e.g., PHR, SHRM-CP)
- Must be able to multitask and prioritize for dealing with competing priorities
- Experience with international payroll is a plus
What the job involves
- You will be responsible for various aspects of the People Operations function, with a focus on benefits administration
- This includes operating and evolving these programs’ processes and policies, collaborating with internal cross-departmental groups on a regular basis, and serving as the first point of contact for employees with questions or issues
- Work with our Chief People Officer to create and maintain competitive benefits programs that keep Clear Street current in the market
- Review existing policies and processes to identify gaps, inefficiencies, and opportunities to develop creative solutions
- Lead the annual benefits plan design, open enrollment process and all related communications to employees
- Manage and administer all employee benefits programs, including health insurance, retirement plans, and other employee perks
- Manage all relationships with benefits vendors to escalate issues, problem solve and ensure client service standards are met
- Research, analyze and understand changes to federal, state and city benefits laws and proactively advise the Chief People Officer on necessary changes and risks
- Maintain a positive employee experience through all interactions with employees via email, Slack, phone, and in person discussions regarding any questions they have pertaining to our total rewards programs. (We sit in an open floor plan and employees do visit our desks frequently)
- Collaborate with groups across the organization, particularly Finance
- When coverage or backup is needed, help the broader People Operations team in areas such as processing and managing payroll for our US and global employees
- Work on other ad hoc projects as assigned
Our take
Clear Street is building up-to-date, cloud native infrastructure for capital markets, bringing clients faster and easier access to things like reporting, clearing, custody, and execution.
It’s been quite a rise to prominence for the New York based startup, which surpassed a billion dollar valuation in 2022 despite only launching in 2018. However, given the previous industry experience of its founders, Clear Street's success should come as no surprise. The trio built the platform as a remedy to their own pain points, missed opportunities, and lack of access to key data in the prime brokerage space.
With its Unicorn status secured and its list of clients growing, Clear Street is now gearing up for a period of rapid expansion, both geographically and across the financial services industry. Securing funding in 2023 from Prysm Capital, the company has money to play with as it continues to pursue better infrastructure for capital markets.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
11% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Apr 2023
$270m
SERIES B
May 2022
$165m
SERIES B
Total funding: $470m
Company benefits
- 401k matching
- Full medical, dental and vision insurance
- Generous vacation time
- Opportunities for professional development
- In-office benefits include lunch stipends, fully stocked kitchens, happy hours, and amazing office views
Company HQ
World Trade Center, New York, NY
Leadership
Chris Pento
(CEO)Financial services & investment veteran with over 30 years in the sector. Worked in Senior Management & Executive roles at Merrill Lynch, Knight Capital, Arxis Capital, Exos Financial, and Engineers Gate LP, before co-founding Clear Street in 2018.
Sachin Kumar
(CTO)Former Pearl Rothman Software Engineer who has founded two previous FinTech companies - Tolo Technologies, and QED Trading.
Uriel Cohen
(Executive Chairman)Trader, investor, and founder of proprietary trading firm Highland Capital Group. Co-founded proprietary investment firm Alpine Global Management in 2012.
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