Head of Broker Dealer Operations Job at Phaxis, New York, NY

dDRoVlZBcU41UnhDclRLZUs5cjBHWk80L1E9PQ==
  • Phaxis
  • New York, NY

Job Description

Key Responsibilities: Manage and develop team members, overseeing work performed by outsourced operations teams, including Client BPO. Create and maintain operational policies and procedures ensuring compliance with SEC, Client, NFA, CFTC, and other exchange regulations. Build and maintain relationships with clients, including hedge funds, market makers, trading houses, and family offices, ensuring effective communication and problem resolution. Collaborate with the Front Office to establish best practices, streamline operations, increase automation, and strengthen control frameworks. Perform daily middle office tasks including trade booking, reconciliation, confirmation, cash flow management, and regulatory reporting. Engage with vendors and internal stakeholders to support automation and resolve operational challenges. Experience: Minimum of 10 years of experience in a financial institution, including at least 3 years in a management role. Must have extensive knowledge of global markets or Prime Brokerage. Knowledge of the full trade lifecycle for Fixed Income, Equities, and Options, including Fedwire, DTC/NSCC, and OCC settlement processes. Strong familiarity with vendor systems like Client Impact, BPS, Bloomberg TOMS, and Client TRACE. Working knowledge of DTC/NSCC and international settlements. Series 99 and 27 required. Base Salary - $225,000-$300,000 depending on experience Phaxis

Job Tags

Similar Jobs

Amazon Web Services, Inc.

Sr WW Specialist Solutions Architect, Research - GenAI, Applied Computational Machine Learning Job at Amazon Web Services, Inc.

 ...future of Go to Market (GTM) at AWS using generative AI (GenAI)?...  ...accounts to enterprise-level customers including public sector...  ...adoption of our services and solutions across industry verticals....  ...technical community, solution architects and, sales with specific customer... 

Vastek Group

Travel Nurse RN - Med Surg - $3,077 per week Job at Vastek Group

 ...7.44/Wk.Weekly Stipend - $1,246/Wk. W2 - $35.22/Hr.OT - $52.83/Hr.Night (4x12 Hours) Weeks - 13Years of experience REQ: Minimum 1 years' experience required.Certs REQ: BLS and NIHSS required.IL state license required. Covid card required. Charting: Cerner... 

Ecolab

Senior Firmware Engineer Job at Ecolab

 ...employer reasonably expects to pay for this position $68.20/hour - 80.60/hour Optional Benefits: Medical, Dental, Vision, 401K Ecolab is seeking a Senior Firmware Software Engineer to architect, design, and full stack software applications within the IoT domain.... 

HHH Affiliates

Digital Cannabis Industry Entrepreneur Job at HHH Affiliates

**Entrepreneurial Opportunity: Join the Cannabis Industry with Flexibility and Freedom!** Are you eager to break into the booming cannabis industry but want to skip the hassle of traditional dispensaries? We're looking for driven, coachable individuals ready to launch...

BWD Search & Selection

Senior Portfolio Manager - Systematic Volatility Trading - Hedge Fund Job at BWD Search & Selection

 ...Senior Portfolio Manager - Systematic Volatility Trading - Hedge Fund New York $ - Market Leading on Comp and Pay Out Do you have experience in managing a portfolio with a Volatility trading strategy? Do you work for a leading Investment Bank in this space or...