Clarke has enjoyed a successful campaign in his first season in full management, having led the Baggies to their highest ever Premier League points total, a tally which sees the west Midlands side currently sit eighth in the table.
But despite admitting he would be willing to discuss a potential new deal, the Scot is not anticipating talks with the club over an extension in the near future.
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"If a contract is offered to me, I would speak about it. I'm comfortable and happy but I don't sit wondering, I don't contemplate what might happen in the future, I just work with the contract I've got."
Clarke also warned his players that, even though West Brom are now safe from relegation, their season is far from over and he is targeting "three or four points" from their remaining four fixtures.
"We don't want the season to be an anti-climax. We want to have two three, four good performances and pick up more points,” he explained.
"It's a reward for all the hard work we did earlier in season, that we can sit above the relegation fight.
"Unfortunately we're not in the fight for European places, which would have been better, but it's nice to be comfortable where we are.
"The problem is to be comfortable but not complacent. I think we're already better than last season but there are still two or three teams below us who can catch us.
"We have to cement that eighth position we're in and we probably need another three or four points to do that. That's the next focus."