Prime Brokerage Manager
4 weeks ago
Wedbush Securities is a leading securities firm and investment bank in the nation, providing innovative financial solutions through its Wealth Management, Capital Markets, Futures, and Advanced Clearing & Prime Services divisions. With over 100 offices and more than 70 correspondent offices, the company is headquartered in Los Angeles, California.
The Prime Brokerage department at Wedbush Securities has an immediate opening for a Manager to further grow the department. The entrepreneurial culture will allow for tremendous autonomy, enabling the successful candidate to develop and grow the business.
Responsibilities- Source and manage prospective clients
- Recruit, train, and supervise Sales Colleagues
- Supervise Prime Broker activities and resolve issues as they arise
- Develop, nurture, and cultivate existing client relations
- Develop a personal style that supplements current offerings
- Grow revenue through cross-selling initiatives (i.e., research, trading, etc.)
- Meet with industry vendors (fund administrators, accountants, etc.) and establish a referral network
- Help brand Wedbush Prime in the investment community
- Perform other tasks and duties as required and assigned
- Bachelor's Degree from an accredited university, preferably in Business, Finance, or a related field
- FINRA Series 7, 63, or 66, 57, 9/10, or equivalent
- 5+ years of Securities Industry experience
- 3+ years of Prime Brokerage experience, preferably in a management role
- Strong communication and interpersonal skills
- Highly organized with the ability to multitask
- Ability to work effectively and independently under supervision and tight deadlines
- Must be a free thinker, self-starter, and comfortable in a team environment
Wedbush Securities offers a comprehensive benefits package, including:
- Comprehensive medical, dental, and vision coverage with multiple health plan options
- Health Savings Account (HSA) with company-sponsored contributions
- Flexible Spending Accounts (FSA) traditional and dependent care
- Pre-Tax Commuter Benefits
- 401(k)
The company also offers a competitive discretionary company matching and profit-sharing contributions, tuition reimbursement, paid vacation, sick time, holidays, volunteer time off, and other benefits.
Applications will be accepted until the position is filled. Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors, including but not limited to location, skill sets, experience, and training.
A reasonable estimate of the current hiring range is $140,000 to $260,000.
Wedbush Securities is an equal opportunity employer and welcomes applications from diverse candidates.
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