Brokerage Operations Specialist
About The Position
The Brokerage Operations Specialist is a subject matter expert in back-office mechanics in money movement and securities transactions. While your manager architects the framework, you own the investigative loop, navigate unusual circumstances and resolve breaks. This role is a critical member of the team, responsible for ensuring Gusto Brokerage’s accuracy and regulatory compliance of day-to-day movement of customer funds, securities transaction reconciliation and remediation, and regulatory reporting requirements. This role also requires meticulous attention to detail and a commitment to process excellence.
Requirements
- 5+ years of experience in a financial operations, treasury, or back-office role, preferably within a carrying broker-dealer or registered investment adviser environment.
- Required Licensing: FINRA SIE + Series 99
- Knowledge in SEC Rule 15c3-1 (Net Capital Rule), SEC Rule 15c3-3 (Customer Protection Rule), SEC Rule 17a-3 and 17a-4 (Recordkeeping Rule)
- Proven ability to perform complex reconciliations and transaction research.
- High degree of comfort working with analytical tools, banking technology systems, clearing technology systems, and financial data/reporting systems.
- Exceptional organizational skills and meticulous attention to detail to manage daily, monthly, and quarterly operational cycles.
- Demonstrated ability to function at the Integrator level of AI fluency, consistently applying AI tools to complex analytical and operational tasks to drive efficiency and measurement accuracy.
- A Bachelor’s degree in Finance, Accounting, Business, or a related field.
Nice To Haves
- Knowledge of cash and securities handling, settlement processes, and regulatory reporting requirements is a plus.
Responsibilities
- Own the daily operational lifecycle: You will independently manage the daily flow of customer funds and securities transactions between Gusto Brokerage and our banking/clearing partners. You are responsible for ensuring every transaction meets our strict Internal Control Over Compliance (ICOC) standards.
- Investigative Exception Management Rather than just processing data, you will handle high-stakes exceptions. You’ll manage money movement that requires professional judgment (e.g., complex stop-and-reissue checks, manual payment releases, ACH reversals, securities settlement breaks, net-capital calculation discrepancy), ensuring regulatory deadlines and customer expectations are met without sacrificing accuracy.
- Control Evidencing & Audit Readiness: You will independently perform daily, monthly and quarterly reconciliations for customer account statements, dividends, and security counts. You’ll prepare and review the evidence for these controls, ensuring it is robust enough to withstand scrutiny from independent auditors and regulators.
- Cross-Functional Collaboration: You will act as the eyes and ears on the ground, recommending product solutions to our Engineering and Product teams on how manual workarounds can be translated into automated code. You will engage with our external banking/clearing partners to resolve difficult operational matters.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
501-1,000 employees
