Broker Dealer Operations Associate Job at Selby Jennings, New York, NY

K05kVUVWODFTOVNCL2VqVlpoOWdvUFpRTkE9PQ==
  • Selby Jennings
  • New York, NY

Job Description

Job Title: Broker Dealer Operations Associate

Location: NYC (hybrid)

Salary: $80k-115k + Bonus

Company Summary:

As an associate, you will engage with various partners and assist in onboarding new entities. You will work with different stakeholders and have the chance to interact with senior management. You value precision and always ensure your work is accurate. You are aware of risks and learn from experiences. You enjoy figuring out how things function and improving processes. You like working with others to solve issues and achieve team objectives. With experience in operations at a financial institution, you are keen to contribute to daily activities.

The Broker Dealer Operations Associate will be responsible for:

  • Facilitate daily movement of customer funds within the brokered sweep program and between company products
  • Perform daily cash reconciliation and provide commentary for internal and external auditors
  • Use and create algorithms to optimize fund distribution among bank partners and resolve any issues
  • Communicate, calculate and settle monthly interested ensuring full reconciliation with program banks
  • Assist in onboarding new banks, complete documentation accurately, and support vendor relationships

The Broker Dealer Operations Associate should have the following qualifications and skills:

  • Bachelor's degree
  • Current holder of FIRNA series 99
  • 2+ years' experience in operations of treasury roles at hedge funds, asset managers, or large banks
  • Experience with USD payment systems and with cash/ fixed income products

Job Tags

Similar Jobs

Insight Global

Controls Engineer (Night Shift) Job at Insight Global

 ...Electrical Controls Engineer (Night Shift) On Site Cleveland, OH 44105 Direct Placement **6AM to 6PM (A crew/day crew) may open soon...  ...but not necessary). This position is a direct placement, full time W2 position with room for advancement. Schedule is 3 days on,... 

Brundage-Bone Concrete Pumping

Diesel Mechanic Job at Brundage-Bone Concrete Pumping

 ...Brundage Bone Concrete Pumping- Diesel Mechanic COMPENSATION AND BENEFITS We are offering a starting base pay of $25 and up . Having a Class A or B CDL will put you at the higher end. Monday- Friday, occasional weekend. We are pleased to offer a competitive benefits... 

AIM Institute for Learning & Research

Junior Learning Management Specialist Job at AIM Institute for Learning & Research

 ...cohort setup. Collaborate with the Technology team to learn and help improve cohort-building processes. Ticketing & Support (30%)...  ...years of experience with Learning Management Systems (LMS), help desk support, or administrative coordination ~ Strong organizational... 

Insight Global

Senior Mechanical Design Engineer Job at Insight Global

 ...'s mechanical and plumbing engineering design development practices across all regions where the company operates, adhering to U.S. Navy, Marine Corps, Air Force, and Army surveying, planning, and RFP design standards. The role involves working on new building construction... 

Flagship Management LLC

Marine Engineering Manager Job at Flagship Management LLC

Looking to hire a Marine Engineering Manager for a cargo shipping company in the West Palm Beach area. Manager provides supervision and direction of the repair and maintenance programs covering Company's fleet of vessels. PRINCIPAL DUTIES AND RESPONSIBILITIES -Manages...