Head of Securities Operations

4 weeks ago


Iselin, United States Alliance Sourcing Network Full time

European bank in NYC with offices in NJ Job Summary
Head of Securities Operations is responsible for the day-to-day operations of the Capital Markets Back office (CMB) for Client Securities. Individual must have strong management experience, Series 27 Registration and multiple years of Capital Markets experience.

Extensive experience in managing "day to day aspects of Securities ( Broker Dealer) Back Office Operations:

  • Experience managing DTCC/FICC, Fedwire and Euroclear activity
  • Experience managing clearing proprietary activity as well as Affiliate "Clearing "activity
  • Experience managing operational aspects of a US repo Matched book (Triparty/Bilateral) utilizing BONY BDC/Accessedge systems
  • Experience in "New Issue settlement


Functional areas of responsibility

  • P&S (Trade processing/matching))
  • Settlements
  • Corp Actions
  • SBL (Equity and Fixed Income)
  • Claims Processing


Experience with:

  • Compliance will Client requirements pertaining to a Broker Dealer Operations Supervision
  • Stock Record proficiency
  • Working closely with Treasury/ Repo desk on daily funding
  • Experience dealing with Client especially during annual FINOP Exams
  • Basic knowledge of Customer Reserve and Net Capital charges impacted by Operations activity ( operational impacts)
  • Extensive interface with Regulatory Reporting Function (Broker Dealer CFO office)
  • FIS P3 experience a plus

SPECIAL ROLE REQUIREMENTS:

  • Manage staff of 20 including daily workflow, appraisals, employee growth and development.
  • Client Series 27 License REQUIRED
  • 5-10 years of Securities experience REQUIRED
  • 5-10 years of Management experience REQUIRED


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