Manager Securities Operations--Greater Los Angeles, $100K plus bonus

 

WILL RELOCATE TO L.A.  

Job Code WJKJA2096 

 

Manager of Securities Operations

$100K Base (possibly higher) Bonus to 30%

Must have fixed income investment support operations experience…

 

Job Description:

This position requires a solid background in global securities operations, including depositary settlements, global market settlements, industry and market practice knowledge of trade instructions and automated system solutions for straight through processing.  Working knowledge of investment accounting, reconciliation, client reporting, and performance are also desirable.  Eight to ten years experience in a similar environment is preferable.  Detailed knowledge of all global fixed income instruments – asset structures, accounting, settlement and reporting – including: cash and money market instruments, structured products and foreign exchange.  The individual requires a strong operational risk focus as well as being adaptable to a constantly changing environment; appropriately analyzing the need for process re-engineering of work-flow, and enhancing risk management tools where necessary.  It is a necessity to be able to communicate effectively to (the company’s) counterparties and clients and display excellent inter-organizational relations to integrate the department with the organization as a whole.  A clear understanding of the impact of issues which may arise and concise articulation of the risks is vital when elevating to senior management.  In addition, the incumbent must have quality leadership skills and the ability to motivate others to excel in the pursuit of the organization’s goals.

COMPENTENCIES:  

 

Eight to ten years experience in a similar environment is preferable.  Detailed knowledge of all global fixed income instruments – asset structures, accounting, settlement and reporting – including: cash and money market instruments, structured products and foreign exchange. 

 

Strong operational risk experience and capabilities  as well as being adaptable to a constantly changing environment; appropriately analyzing the need for process re-engineering of work-flow, and enhancing risk management tools where necessary. 

 

Stellar interpersonal skills with proven ability to communicate effectively to (the company’s) counterparties and clients and display excellent interorganizational relations to integrate the department with the organization as a whole. 

 

Proven tracking record in analyzing the impact of issues which may arise and concise articulation of the risks is vital when elevating to senior management. 

 

Excellent team leadership skills and the ability to motivate others to excel in the pursuit of the organization’s goals.

 

 

Responsibilities/Duties:

Overall Department Responsibilities:   Reporting to the Global Securities Operations Manager based in Pasadena.  Managing 18 staff, including 3 supervisors, supporting the following functions: Confirmation, trade control, instruction and settlement of all fixed income products including global bond trades, money market instruments and Foreign Exchange (spot and hedging) Maintenance of standard settlement instructions Interest claims Swift application management and control Business continuity planning Liaise with other offices – support for the global operating model and addressing and resolving queries Addressing queries from other departments: Compliance, RFI Group, Auditing assistance Managing bank and broker relationships   Management Responsibilities   Proactive Risk management and Reporting: Manage and report risk in all areas.  Identification of cost drivers, managing operational risk, pro-active identification of resource or technology requirements, providing exceptional based risk management reporting.   Staff Training and Development: Identify training requirements, sourcing of relevant internal and external training opportunities.  Prepare measurable goals and objectives for all staff.  Develop staff skills to support completion of their goals.   Securities Operations Optimization: Optimization trade volume sensitivity, operational performance (workflow and application) gap reviews, continual analysis and review of process improvements and seeking economies of scale.     Custodian Bank Knowledge: Custody operations and bank management: cash management, projections, overdraft and debit interest monitoring.   Technology Enhancements / Upgrades:  Interface with the technology department to assist drafting, testing and implementation of upgrades to existing systems and new applications.   Audit:  Ensure department compliance to all procedures and controls.  Add, update and enhance when necessary with the approval of senior management.   Industry and Regulatory Knowledge:  Proactive participation and interaction with custodians, brokers and industry user groups to leverage the knowledge and actively control and manage market and regulatory changes.

 

ACADEMIC REQUIREMENTS:

 

Undergraduate degree in related discipline; strong academic achievements with 3.0 GPA minimum.

 

 

 

Email resume in Word to thebiggamehunter@cisny.com  ONLY IF YOU HAVE THE EXPERIENCE SOUGHT. Please include the job code with the position.

 NO 3RD PARTIES. NO OVERSEAS RESUMES.

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