Brokerage Operations Manager

Savvy
New York
Workplace: HybridFull timeUSD 95,000 - 130,000 annuallyFunction: Business OperationsSkills: ["Attention to detail","Process orientation","Cross-functional collaboration","Managing multiple workflows","Using AI/automation"]

Own day-to-day brokerage-dealer operations, spanning pre-trade setup through post-trade settlement. Ensure seamless trade execution, reconciliation, best-execution review, and exception handling as the broker-dealer launches and trade volume scales. Manage post-trade issues, block allocation reconciliation (BTAM), TRACE reporting, and corporate actions. Also oversee account and cashiering workflows (wires, AML alerts, RCD deposits, restrictions) and key compliance operations like FOCUS reporting, escheatment, and FINRA/audit support.

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Savvy
Savvy
1 month ago

Brokerage Operations Manager

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI
Last checked: 2 hours agoStatus: Closed

Job Summary

Own day-to-day brokerage-dealer operations, spanning pre-trade setup through post-trade settlement. Ensure seamless trade execution, reconciliation, best-execution review, and exception handling as the broker-dealer launches and trade volume scales. Manage post-trade issues, block allocation reconciliation (BTAM), TRACE reporting, and corporate actions. Also oversee account and cashiering workflows (wires, AML alerts, RCD deposits, restrictions) and key compliance operations like FOCUS reporting, escheatment, and FINRA/audit support.
Location: New York
Workplace: Hybrid
Employment Type: Full time
Job Function: Business Operations

Key Responsibilities

  • •Own end-to-end brokerage lifecycle support and exception handling, including post-trade exceptions and settlement issues.
  • •Execute trade error corrections and reconciliation; monitor block allocation and reconciliation (BTAM).
  • •Own best execution review/documentation and manage corporate action communications.
  • •Monitor cash, margin, and position breaks and coordinate with Fidelity’s margin specialist; monitor TRACE reporting for fixed income.
  • •Oversee account and cashiering operations (money movement approvals, international wires, AML alert processing, RCD deposits, account restrictions) and compliance operations (FOCUS reports, escheatment, FINRA/audit requests, client complaint/resolution reports).

Pay and Benefits

Salary: USD 95,000 - 130,000 annually
Equity and Bonus:Equity
Perks:Paid LeavePaid HolidaysHealth InsuranceDentalVision401kHsa/fsa

Key Requirements

  • •3-5 years of total experience across investment banking, consulting, or fintech startups.
  • •High attention to detail and comfort operating with real ambiguity while building a function from scratch.
  • •Strong process orientation to build SOPs and controls where none exist.
  • •Comfort partnering across Investment Operations, Compliance/Legal, and Product/Engineering.
  • •Comfort using AI/automation tools to reduce manual reconciliation and exception-detection work.
Experience:FintechStartup
Skills:Attention to detailProcess orientationCross-functional collaborationManaging multiple workflowsUsing AI/automation
Licenses:SIESeries 4Series 53
Certifications:Great Place to Work Certified
Tech Stack:ExcelClaudeAIAutomation

Company Brief

Savvy
Provides wealth management and financial planning services focused on helping individuals and families grow, preserve, and manage their wealth through personalized investment strategies and advisory support.
Industry: Wealth Management
Website