Operations Manager

7 days ago


New York, New York, United States CitiStaffing Full time

Operations Manager

NYC based Investment firm is seeking a motivated, experienced professional to work in an internally facing Client Service/Operations team. Series 99/Series 7 license is mandatory. The ideal candidate will hold an undergraduate degree and will have a minimum of 5 years of relevant experience supporting traditional brokerage processes including asset movements, account opening, margin, etc. Successful candidates have a deep understanding of the processes they support and the impact each process has on other components of the business. Candidate will be responsible for the training of some of the more junior staff on a Client Services team of 8 people. Experience working with Business Analytics tools and with Pershing are a plus.

Responsibilities include:

  • Research and respond to internal inquiries by phone/email
  • Review and initiation of asset movement requests (Wires, ACH, Checks, Certificates, etc.)
  • Account Opening – review client documentation, verify accuracy and completeness, review for AML compliance
  • Review of Margin Accounts for potential house/fed calls
  • Liaison between Portfolio Management teams and Clearing Firm (Pershing)
  • Risk Management – identify exceptions and escalate to management where appropriate
  • Provide input with respect to ongoing process improvement

Requirements Include:

  • Bachelors degree required
  • Must have Series 7 or Series 99
  • Minimum of 5 years of experience in Operations (knows way around asset movement, account opening, maintenance, corporate traders, ACAT actions, DTC or COD trade settlement, etc.)
  • Knowledge of Pershing preferred
  • Expert level knowledge of Microsoft Office
  • Interest in data, business analytics/tools, comfort with pulling from a data warehouse and create pivot table/reports/dashboard

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