📍
Budapest, Hungary

Junior Clearing Operations Associate

No experience
Finance
Finance
Posted:
December 29, 2025

Interactive Brokers

Electronic brokerage & trading platform
65.7
Palpable Score
Apply >view company >

Interactive Brokers (IBKR) seeks an Operations Associate to join our Clearing Department at our Budapest office. The Clearing Department is responsible for various functions, including trade and position reconciliation, settlement processing, stock loan (securities lending) transaction reconciliation, fail management, and client account transfers. Team members will generally gain exposure to many of these functions during their career development.

The Associate will be expected to operate, enhance, and test the group’s constantly evolving, proprietary back office systems. Analysis of transaction data, settlement risk and other operational risk assessments will be an ongoing responsibility. The ideal candidate will be able to interface seamlessly with internal and external customers, counterparties, and clearing organizations. All associates are expected to focus on automated solutions to complex problems of varying degrees. Skills required include the ability to learn to work with sophisticated computer systems developers, eventually including the creation of business specifications for new or enhanced system functionality and new product support.

Responsibilities

Qualifications, Skills & Attributes

Minimum qualifications:

If you have ambition, motivation and initiative, we can offer you real responsibility and the opportunity to work in a demanding but rewarding team-oriented environment. Are you interested in this challenging position within a financially successful and technologically advanced organization? We are looking forward to receiving your online application.

Company Benefits & Perks

About the company

Interactive Brokers

Company overview
Interactive Brokers is an electronic brokerage and trading firm that offers access to global markets across multiple asset classes through the IBKR platform. The company serves individual investors and institutions and positions the business as technology-led, with a strong in-house engineering and operations footprint. Interactive Brokers operates regulated entities across several regions and supports clients in many countries and territories. The company’s work spans brokerage operations, client service, risk and compliance, and software and infrastructure.

Locations and presence

Interactive Brokers is headquartered in Greenwich, Connecticut and lists offices across North America, Europe, and Asia-Pacific (including the UK, Ireland, Hungary, Switzerland, India, China, Japan, Singapore, and Australia). Working patterns vary by role, with some early-career internships described as fully on-site and some full-time roles advertised as hybrid with a set number of in-office days.

Palpable Score

65.7
/ 100
Interactive Brokers gives early-career candidates real entry points through paid internships and a steady stream of junior and entry-level roles across operations, client-facing work, compliance, and tech. Where Interactive Brokers loses points is the candidate experience and consistency: structured stages exist, but heavy testing and reports of slow updates or ghosting lower trust for first-time applicants. Progression evidence is mixed, with job ads promising mentorship and growth while employee reviews often describe uneven training and limited upward mobility.
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