Equity/Options Trade Support Manager Miami

Traxion GroupMiami, FL
8d$250,000Onsite

About The Position

● Perform daily trade, position, and cash reconciliations across equity and option accounts, which included managing T+0 trade breaks ● Coordinate with internal and external stakeholders to retain control, mitigate risk, and resolve trade related issues. ● Train and manage the transition of T+0 end of day process to an overseas team to create space for new projects. ● Responsible for corporate action & dividend processing, reviewing, and reporting from an operations capacity. ● Display the ability to adjust and adapt to tasks working with prime brokers, executing brokers, portfolio managers, and traders to assure trades, rates, adjustments, and timing were all communicated in a timely manner. ● Manage team of 3-5 in Miami

Requirements

  • 10+ years experience managing an Equity & Options Trade support team from a top tier bank or hedge fund
  • US citizens only

Responsibilities

  • Perform daily trade, position, and cash reconciliations across equity and option accounts, which included managing T+0 trade breaks
  • Coordinate with internal and external stakeholders to retain control, mitigate risk, and resolve trade related issues.
  • Train and manage the transition of T+0 end of day process to an overseas team to create space for new projects.
  • Responsible for corporate action & dividend processing, reviewing, and reporting from an operations capacity.
  • Display the ability to adjust and adapt to tasks working with prime brokers, executing brokers, portfolio managers, and traders to assure trades, rates, adjustments, and timing were all communicated in a timely manner.
  • Manage team of 3-5 in Miami
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