Operations Manager Job at Equity Trust
ETC Brokerage - Manager of Brokerage Operations
JOB OVERVIEW:
- This position will be based out of our Westlake, OH office but eligible for 1-2 hybrid work from home days after training period.
JOB OVERVIEW:
The Manager of Brokerage Operations oversees the day-to-day operations of the broker dealer and executes on an agreed business plan to achieve financial, service, and operational performance targets. Works effectively across business lines to establish strong working partnerships to ensure the broader company goals and initiatives are met. Manages firm to optimum operating performance and strict adherence to budget and staffing commitments.
RESPONSIBILITIES & DUTIES:
- Manages team to operate according to Written Supervisory Procedures and Desktop Operational procedures. Drives organizational capability by building and developing a highly committed and capable team, coaching, and mentoring incumbents and attracting additional talent as needed.
- Conducts continuous internal examinations of firm’s policies, operational and service procedures, and compliance requirements.
- Works with various regulatory authorities, i.e., FINRA, SEC, etc., to ensure the firm’s full compliance with industry operational standards.
- Approves new accounts, including option accounts.
- Assists trading and other operating activities in periods of high volume.
- Manages Corporate Actions, Cashiering, Purchase & Sales, Trade Settlement, and Fail Control operations.
- Manages a metric driven data operating environment.
- Ensures ongoing communication with affiliate partners in exceeding service level agreements, and in assessing and achieving financial goals of the company.
- Plans and oversees the implementation of systems, practices, measurements, and financial controls to expand revenue and client satisfaction.
- Supports sales efforts to drive new business through creative servicing and operational strategies – fosters continuous improvement in the way we serve clients.
- Works effectively with Human Resources to ensure associates are managed in a fair, caring and consistent manner, and that training, and career opportunities are available for all.
- Performs other duties and project tasks as assigned, including but not limited to: Supervision of the securities trading (including fixed income and options) activities of a team of brokers, and managing of cash reporting & trade blotters. Performs other duties as assigned.
QUALIFICATIONS:
- Bachelor’s Degree.
- Familiar with DTCC, NSCC, OCC.
- Familiar with broker dealer clearing activities.
- Minimum 5 years of experience in financial services preferably in a operations leadership role inside a broker dealer.
- Minimum 5 years of experience in a compliance and/or investment operations, trading management role.
- Demonstrated success in building and maintaining high performing teams that consistently meet and exceed performance expectations.
- Clean U4 Securities record.
PROFESSIONAL CERTIFICATIONS:
- SIE, Series 4, 7, 24, 53, 63, 99 licenses or willingness to obtain.
TECHNICAL SKILLS:
- Intermediate-Expert level proficiency with Microsoft Office.
- Familiar with self-clearing broker dealer activities.
- Familiar with back-office operating systems, Beta, FIS, etc.
CULTURAL COMPETENCIES:
In addition to our core company competencies of Cultivates Innovation, Nimble Learning, Action Oriented, Collaborates, and Being Resilient, a successful candidate in this role should exhibit the following behavioral competencies:
- Strategic Mindset.
- Develops Talent.
- Drives Results.
- Manages Ambiguity.
PHYSICAL DEMANDS/WORK ENVIRONMENT:
This job operates in a professional office environment and routinely uses standard office equipment. While performing the duties of this job, the associate is regularly required to speak and hear. The associate is frequently required to sit for extended periods of time, as well as stand, walk, use hands and fingers, and reach with hands and arms. This job requires the ability to lift files, open filing cabinets, and bend or stand on a stool as necessary.
DISCLAIMER/ASSOCIATE ACKNOWLEDGEMENT:
The above statements describe the general nature and level of work only. They are not an exhaustive list of all required responsibilities, duties, and skills. Other duties may be added, or this description amended at any time.
Equity Trust Company is an equal opportunity at will employer and does not discriminate against any employee or applicant for employment because of age, race, religion, color, disability, sex, sexual orientation or national origin.
About Equity Trust:
Equity Trust empowers individual investors and financial professionals by removing the barriers to investment freedom. As an IRS approved custodian, we fulfill the custodial and administrative duties required for each type of investment account our clients hold.With an Equity Trust account, clients have the opportunity to invest in alternative assets such as real estate, precious metals, private equity, and more. Additionally, clients can invest in traditional assets such as stocks and mutual funds – all through a single custodian.As an industry-leading custodian of alternative assets in tax-advantaged accounts, our 45-year* track record of excellence is unmatched in the industry. Equity Trust streamlines the investment experience by offering optimized solutions, processes, and service.As a directed custodian, Equity Trust does not provide tax, legal or investment advice, nor do we offer or sponsor any proprietary investment products.
Please Note :
ajayjain.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, ajayjain.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.