TradeStation

Brokerage Operations Specialist

Back to All Jobs
Employee Type

Full-Time

Location

Plantation, FL (Onsite)

Job Type

Settlements/Brokerage Operations

Job ID

3265

#WeAreTradeStation

Who We Are:

TradeStation is the home of those born to trade. As an online brokerage firm and trading ecosystem, we are focused on delivering the ultimate trading experience for active traders and institutions. We continuously push the boundaries of what's possible, encourage out-of-the-box thinking, and relentlessly search for like-minded innovators.

At TradeStation, we are building an AI-First culture. We expect team members to embrace AI as a core part of their daily workflow, whether that's using AI to accelerate development, enhance decision-making, improve client outcomes, or streamline internal processes. We hire, grow, and promote people who can harness AI responsibly and creatively. We treat AI as a partner in problem-solving, not just a tool; following our governance standards to ensure AI is used ethically, securely, and transparently. If you join us, you're joining a culture where AI is how we work.

Are you ready to make yourself at home?

What We Are Looking For:

The Brokerage Operations Specialist for Equities will be responsible for various clearing and back-office functions for the Equities Asset class. The candidate will need to cultivate relationships, working together with other operational senior personnel and outside vendors. This role will work closely with the Sr. Director of Brokerage Operations and Audit Oversight on procedural enhancement and departmental training.

What You'll Be Doing:

  • •Research and reconcile daily Equities and Options trade breaks, identify root causes, themes, and remediation
  • •Perform Post Trade allocations and take ownership of functions, including but not limited to, Static Data Maintenance and trade bookings in Phase 3
  • •Liaise with Counterparties to reconcile discrepancies arising due to Incorrect Trade booking or erroneous clearance, Price correction and/or quantity mismatch and address escalations
  • •Be a strong partner to Product, Risk Mgt., and Compliance teams, leverage the team's resources and strengths and drive projects and solutions
  • •Continuous assessment and evaluation of appropriate processes being performed
  • •Assist in the escalation for business issues and other areas of concern
  • •Ensuring compliance with all firm and functional policy and procedures
  • •Work with the operational support teams to enhance his/her knowledge of the functions performed locally
  • •Support projects and special assignments
  • •Manage and Process Equities options exercises and assignments in Phase 3
  • •Review depository collateral requirements daily and perform weekly/monthly 15c3-3 reconciliation

The Skills You Bring:

  • •Familiar with a variety of FCM related concepts, practices, and procedures
  • •Familiar with online brokerage execution and back-office systems, from trade to settlement
  • •Must possess a broad-based brokerage and financial background
  • •Familiar with settlement and clearing processes for Equities and Options
  • •Effective communication skills at all reporting levels
  • •Demonstrate performance within a stressful environment
  • •Experience coaching, developing talent and bonding with co-workers
  • •Must be a self-starter with plenty 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 with vision to expand the organization
  • •Familiar with Exchange and NFA rules and regulations related to clearing and settlement of Equities and Options trading
  • •In-depth knowledge of back-office systems, preferably FIS Phase 3 preferred
  • •Proficiency in various Microsoft Office suite of products preferred

Minimum Qualifications:

  • •College degree required, preferably in finance
  • •Extensive brokerage experience and background serving in an operational role in a trading environment
  • •5+ years' experience, the majority of which has been in a trading and back office operational capacity

Desired Qualifications:

  • •Series 7 license preferred

Benefits at TradeStation

  • ○Collaborative work environment
  • ○Competitive Salaries
  • ○Yearly bonus
  • ○Comprehensive benefits for you and your family starting Day 1
  • ○Unlimited Paid Time Off
  • ○Flexible working environment
  • ○TradeStation Account employee benefits, as well as full access to trading education materials
  • ○Pay Range (US) $70-85K (Countries outside of the US have differing ranges in accordance with local labor markets)
Learn more about our mission
Apply

TradeStation provides equal employment opportunities to current and prospective employees, without regard to race, color, religion, sex, national origin, ancestry, sexual orientation, age, pregnancy, disability, handicap, citizenship, veteran or marital status, or any other legally recognized status entitled to protection under federal, state, or local anti-discrimination laws.