Senior Director, Brokerage Operations and Audits in Plantation, FL at TradeStation

Date Posted: 9/2/2021

Job Snapshot

Job Description

Senior Director, Brokerage Operations and Audits
Plantation, FL
At TradeStation, we believe in empowering our customers to claim their individual financial edge. We are committed to creating a financial ecosystem that is a step ahead by delivering the best technology, services, education, and support to traders and investors. We are continuously pushing the boundaries of what is possible, encouraging out-of-the-box thinking and a relentless search for innovation.
We are a team of amazing people who work together in a high-performance, goal-oriented culture to provide our customers with exceptional products and services. We offer a collaborative and flexible work environment, competitive salaries, comprehensive benefits, and an unlimited PTO policy.
POSITION SUMMARY:
The Senior Director of Brokerage Operations and Audits is responsible for the oversight of our brokerage operations team, processes, and personnel.  The successful candidate will be responsible for day-to-day management of various clearing and back-office functions across multiple asset classes.  Candidate will operate as our on-site manager and serve as a primary point of escalation for operational issues.  The candidate will need to cultivate relationships, working together with other senior department heads and outside vendors.  The Senior Director of Brokerage Operations and Audits will be responsible for managing all brokerage related audits, both internal and external. Additionally, this role will work closely with the VP of Trading and Post Trade Ops on corporative initiatives, strategy, personnel and budget decisions and departmental training.
ESSENTIAL JOB FUNCTIONS:
  • Provide leadership and day-to-day management guidance and oversight of trading operations and brokerage operation teams
  • Responsible for managing/coordinating all internal and external brokerage related audits, work with our Internal Audit team to ensure the audit process remains fluid and efficient
  • Responsible for managing/coordinating all internal and external brokerage related audits, work with our Internal Audit team
  • Be a strong partner to Product, Risk Management and Compliance teams, leverage the team's resources and strengths, and drive projects and solutions
  • Continuous assessment and evaluation of appropriate businesses and processes being performed within the branch
  • Work with the VP of Trading and Post Trade Ops and key stakeholders to identify, address gaps in the front-to-back (FTB) control framework and mitigate risks impacting the business
  • Assist VP and other senior business owners on strategic, operational, and daily business matters
  • Support the budget and financial planning process for various business and processes
  • Administrative functions which include vacation planning, sick and other event reporting, and planning
  • Act as a point of escalation for business issues and other areas of concern
  • Ensure compliance with all firm and functional policies and procedures
  • Work with the operational support teams to enhance his/her knowledge of the functions performed locally
  • Support projects and special assignments
  • Schedule recurring site meetings to ensure the employees are aware of organizational and departmental initiatives
  • Work with VP and other senior personnel to create baseline performance metrics and KPI’s
  • Work with the product managers to create a BCP/DR plan that is consistent with business needs
  • Support the training and development of new personnel
  • Independent leadership of special projects while operating with a high degree of autonomy and accountability
KNOWLEDGE, SKILLS & ABILITIES:
  • Extensive knowledge of order management functions and market structure
  • Familiar with a variety of agency trading broker/dealer concept, practices and procedures
  • Familiar with online brokerage execution systems from trade to settlement
  • Must possess a broad-based brokerage and financial background
  • Familiar with settlement processed for both equities and futures
  • Ability to demonstrate experience in leading/managing people in a stressful environment
  • Must be a self-starter with lots of initiative and enjoy working in a team atmosphere
  • Must be ready to make crucial, real-time, ethical decisions
  • Willing to take on new objectives and initiatives to expand the organization
  • Familiar with FINRA and NFA rules and regulations related to trading
EDUCATION & EXPERIENCE:
  • Extensive brokerage experience and background serving in a managerial role in a trading environment
  • Minimum of (10) years’ experience, the majority of which in a trading and back office operational capacity
  • College degree required, preferably in finance.
  • Must have active Series 3, 7, 24, 30 and 57 licenses; Series 4 preferred
  • In-depth knowledge of back-office systems, preferably SunGard GMI and Phase 3
  • Proficiency in various Microsoft Office products