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Senior Operations Manager

4 months ago


Jersey City, United States Phaxis Full time

I am looking for a Senior Operations Manager to work 4 days a week in Jersey City Mon-Thurs


This position is paying up to $170k base + 20% discretionary bonus.

Fully paid for benefits for employee and 80% covered for dependents

Looking for a Series 7 license with the ability to obtain the Series 24 within 6 months

Experience with ACATS and Back Office Cashiering functions


Key responsibilities may include

  • Monitor and assist with daily operations including clients’ services matters, monitoring clients’ trading activities and money movement.
  • Help identify and draft requirements and testing plans for the development of a back-office system
  • Manage/reconcile daily cash balances and oversee cash reporting and projections.
  • Process fund in / out transactions for clients and brokers.
  • Perform regular bank verification and global sanctions monitoring/screening checks and oversight on existing clients within the system.
  • Respond to various complex operational issues for both internal and external clients.
  • Responsible for daily trade settlements, resolution of issues.
  • ACAT processing
  • Identify and implement Operational improvements.
  • Perform other duties as assigned.

What you have

  • Series 7 & 63 with the ability to obtain Series 24 within 6 months.
  • Minimum of five years of Financial Services experience in Middle and Back-Office Operations
  • Broad understanding of brokerage industry specifically Settlements, Corporate Actions, ACAT’s, Reconciliation and Cashiering functions and associated regulations pertaining to these areas.
  • Familiarity with 15c3-3 Customer Protection rules
  • In-depth knowledge related to Financial Operation workflows and best practices.
  • Knowledge related to US and HK market trading and settlement.