Senior Associate - Compensation at Clear Street

New York, New York, United States

Clear Street Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Capital MarketsIndustries

Requirements

  • Approximately five (5) years of experience focused on compensation
  • Experience with compensation benchmarking, salary surveys, and market pricing
  • Familiarity with job leveling frameworks and compensation structure design
  • Strong knowledge of federal, state, and local labor and compensation laws
  • Proficiency with HRIS systems (UKG preferred)
  • Strong Excel skills (pivot tables, VLOOKUP, data analysis) required; exposure to BI tools such as Tableau or Looker is a plus
  • Detail-oriented with excellent organizational skills and ability to handle sensitive information with discretion
  • Strong communication and interpersonal skills, with the ability to partner across teams
  • Problem-solving mindset, curiosity to question existing processes, and willingness to learn
  • HR or compensation-related certification (e.g., PHR, SHRM-CP) preferred

Responsibilities

  • Partner with People Team colleagues to evaluate compensation practices and ensure alignment with hiring, retention, and engagement strategies
  • Support the development and maintenance of a job title and leveling framework across departments
  • Assist with the annual compensation planning cycle, including merit increases and incentive programs, ensuring accurate execution of processes
  • Participate in salary surveys, analyze results, and provide insights on competitiveness in the market
  • Review compensation policies and identify areas for improvement, efficiency, or compliance risk
  • Collaborate with Talent Acquisition and People Operations on market pricing for new and existing roles
  • Respond to employee questions regarding compensation and total rewards, ensuring a positive employee experience
  • Maintain accurate and up-to-date HRIS data; support data hygiene efforts across systems
  • Generate reports and provide compensation data analysis to support decision-making
  • Work closely with Finance and other cross-functional partners on compensation-related projects
  • Contribute to ad hoc compensation and People Team initiatives as needed

Skills

Key technologies and capabilities for this role

Compensation PlanningJob LevelingSalary SurveysMarket AnalysisMerit IncreasesIncentive ProgramsCompensation PoliciesHR StrategyTalent AcquisitionCompliance

Questions & Answers

Common questions about this position

What experience is required for the Senior Associate - Compensation role?

Approximately five years of experience focused on compensation is required, along with experience in compensation benchmarking, salary surveys, market pricing, job leveling frameworks, and strong knowledge of labor and compensation laws.

What technical skills are needed for this position?

Proficiency with HRIS systems (UKG preferred), strong Excel skills including pivot tables, VLOOKUP, and data analysis are required; exposure to BI tools like Tableau or Looker is a plus.

What is the salary or compensation for this role?

This information is not specified in the job description.

Is this role remote or does it require office work?

This information is not specified in the job description.

What makes a strong candidate for this Senior Associate position?

Candidates with about five years of focused compensation experience, expertise in benchmarking and market pricing, familiarity with job leveling, knowledge of compensation laws, and proficiency in HRIS and Excel will stand out.

Clear Street

Provides prime brokerage and trading services

About Clear Street

Clear Street provides a unified platform for trading various financial products, including equities and options, across major markets. Their services focus on prime brokerage, which encompasses trade execution, financing, clearing, and custody, helping clients manage their trading activities effectively. The platform is cloud-based and API-first, allowing for easy integration with other systems and scalability for users. This setup enables clients to concentrate on trading rather than technical complexities. Clear Street differentiates itself with competitive pricing and a flexible approach, catering to both individual investors and large institutions. The company's goal is to enhance the infrastructure of capital markets, making trading more efficient and accessible.

New York City, New YorkHeadquarters
2018Year Founded
$457.2MTotal Funding
SERIES_BCompany Stage
Fintech, Financial ServicesIndustries
501-1,000Employees

Benefits

Company equity
401k matching
Parental leave
Full medical, dental & vision insurance
Lunch stipends
Fully stocked kitchens
Happy hours

Risks

Increased competition in cloud-native brokerage could pressure Clear Street's market share.
Regulatory changes in Europe may impose additional compliance costs for Clear Street.
Cryptocurrency market volatility could impact Clear Street's BTC yield strategies.

Differentiation

Clear Street offers a cloud-native clearing and custody system for capital markets.
The company provides a unified platform for trading equities and options globally.
Clear Street's API-first approach allows seamless integration with other software systems.

Upsides

Clear Street's UK expansion opens access to European markets and new revenue streams.
Winning top awards in technology and client service enhances Clear Street's market reputation.
Investment in Databento boosts Clear Street's access to advanced market data solutions.

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