Operations Manager – Equity Settlements

Operations Manager – Equity Settlements

Requirements

• Expert knowledge in interpreting and applying financial industry rules and regulations.
• Positive leadership and teamwork skills with the ability to lead projects through to completion.
• Ability to manage one’s own time, organize and prioritize to effectively handle multiple demands to meet all assigned deadlines.
• Minimum Required: Bachelor’s degree or equivalent combination of education and experience.
• Minimum Required: 8+ years’ experience within the financial services industry.
• Minimum Required: Series 7 and 63 or 66.
• Proficient in Microsoft Excel, Word, PowerPoint, Outlook.

Responsibilities

• Responsible for the day-to-day management of workloads, associate development, performance management, personnel issues and additions/reductions in staff.
• Supervision of the daily segregation analysis/deficit report, buy-ins, and settlement of domestic equity securities via DTC.
• Making sure the firm adheres to the close-out requirements of Regulation SHO, Rule 204 and all other FINRA and SEC rules related to settlements.
• Plans and organizes the activities of staff including periodically reviewing work allocation for balance and efficient utilization of personnel.
• Responsible for the development of employees’ goals and performance objectives and works to help the employees achieve them.
• Assists with the departmental budget, including controlling expenses.
• Adheres to the established policies and practices of the firm and various regulatory agencies.
• Supervise the settlement of US equities, physical securities, buy-ins, and deficit report.
• Review and maintain department procedures.
• Oversee department processes pertaining to SEC rule 15c3-3.
• Participate in audits with internal and external auditors.

Preferred Qualifications

No preferred qualifications provided.