Broker Relationship Manager, Greater Los Angeles area

If not you, would you know someone???  I will pay a finders' fee if you refer someone who is hired.

Will happily Relocate to  the Los Angeles area 

 

The job is Broker Relations and it is a high level individual contributor’s role, reporting to the Head of Investment Support. Cover all products: Corporate’s, Government’s, Derivatives, Mortgages, Foreign Exchange, Municipals, Liquidity. The job is to work with 10 major Brokers and to help Mitigate Losses & Fails, making sure the transfer of information is efficient and always addresses process improvement. The role is focused from a Settlements standpoint and essentially continues to measure the Brokers’ performances.

 

 

Broker Relationship Manager

$100-110K base, 50% Bonus - $150-165K Total Comp.

 

Job Description:

This position serves as the firm’s primary point of contact with Brokers.  This position is responsible for managing Broker relationships, resolving complex problems between the firm, brokers, and/or clients, evaluating service levels, and developing recommendations for new services and/or providers.

 

Responsibilities/Duties:

Cover all products Corporate, government, derivatives, mortgages, foreign exchange, municipal, liquidity Meet periodically with major brokers Provide metrics and measurement through report card Communicate issues from brokers on ________ feedback to relevant areas Request and obtain metrics for _____________ and make recommendations for changes to increase efficiency v      Reverse survey on ________ v      Peer Group analysis Document brokers updates regarding industry solutions they are utilizing or moving towards – Omgeo CTM, etc. Compare ______fails volume vs. market Mortgages Corporate Bonds Treasuries Swaps confirms o/s in the market vs. _______ volume Work with brokers to ensure adoption of automated interfaces Alert ETC adoption and utilization of fix interfaces Attend broker “round tables” and disseminate information to Securities Operations Management Team Identify training opportunities at the brokers – attend and document the content, usefulness and attendees.  Give feedback to brokers Utilize FMS database globally to identify trends and areas for analysis with specific brokers Monitor all interest claims paid Complete full and detailed analysis of issue and reason for payment Identify changes required for workflow/systems and document recommended changes to technology/business processes Participate in all industry related discussions Become actively involved and document all meetings identifying where _________ is in line with the market and also where efficiencies can be gained   Elevate issues to senior management and trading desk when appropriate Communicate broker status to the trading desk periodically Build and maintain the Securities Operations Global Settlement Guide based on information from the market on settlement processes in foreign countries Publish monthly newsletter on market conditions and interesting facts.

 

competencies:

Five or more years of operations and/or related management experience Advanced knowledge of many operations functions within the industry Comprehensive understanding of investment products and securities operations specific to the fixed income industry. Self driven and proactive Able to communicate at a senior level

 

Academic Qualifications (minimum requirements):

College degree

 

 

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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