Operations Trade Support Manager

Janney Montgomery Scott LLC • Philadelphia, PA

5d

About The Position

Janney is an award-winning full-service financial services firm committed to understanding our clients' needs and providing advice beyond investments. We are equally committed to building a diverse workforce and inclusive culture where employees can use their talents to thrive and grow professionally with the firm.
This position oversees operations in support of Janney’s Middle Office and leads a large team of Operations Supervisors and Associates. The Department Manager will function as a contributing member of the Operations Management team and work closely with other departments within Operations, Trading Desks and across the firm as necessary.

Requirements

• Seasoned experience in the securities industry with knowledge of industry rules and regulations.
• Minimum two years’ experience in a managerial role within Operations at a financial services firm.
• Series 99 or Series 7 required or obtained within 90 days of start date.
• Bachelor’s Degree or equivalent experience in lieu of a degree.
• Effective project management skills as evidenced by successful project implementations.
• Superior time management and organizational skills. Ability to manage multiple tasks, prioritize work and meet tight deadlines.
• Ability to work independently and creatively and perform at a high level in a fast-paced, high-pressure environment.
• Advanced expertise using Microsoft Office Applications.
• Effective verbal and written communication skills and interpersonal skills.

Responsibilities

• Lead and manage a team of Operations Associates on post trade execution activities across asset types and products (equity, fixed income, TBAs, mutual funds, ETFs, UITs, and treasuries)
• Manage a team in risk identification, procedure enhancements/controls, timely and accurate documentation, and professional communication to trading desks, financial advisors, money managers and market participants (exchanges, custodians, brokers).
• Provide exception management review over trade fails, trade confirmation process and reconciling differences. Assists staff in identification, investigation, and resolution of exceptions.
• Participate in strategic and operational decision-making related to Middle Office Operations including the development of short- and long-term goals to improve overall service to clients.
• Proactively recommend innovations and modifications in line with industry requirements and corporate goals/objectives to improve operational processes, systems, policies, and procedures.
• Organize/execute department projects on time and within budget that includes writing business requirements for technical teams.
• Work with Middle Office platform vendors on product enhancements, upgrades, and bug fixes (BETA NXT, DTCC, Bloomberg, Tradeweb).
• Act as a senior point of contact and escalation to internal and external stakeholder groups.

Benefits

• Benefits: Janney believes that its employees are the key to what makes a great company. Although work makes up a large portion of an employee’s life, we believe that a balance between work and non-work activities is essential to maintain quality performance and a positive work atmosphere. We offer a competitive package including Paid Parental Leave, generous Paid Time Off, eligibility for a $2,000 referral bonus, Employee Ownership, and Professional Development Assistance Plan designed to help you make the most of your life at work and at home—today and in the future. Explore further.
• Janney is an award-winning full-service financial services firm committed to understanding our clients' needs and providing advice beyond investments. We are equally committed to building a diverse workforce and inclusive culture where employees can use their talents to thrive and grow professionally with the firm. Fostering a positive workplace experience remains a top priority. We’ve earned the Great Place to Work® certification, which recognizes employers that create an outstanding employee experience. Based entirely on what current employees say about their experience working at Janney, this prestigious recognition underscores our commitment to our people and culture. People are our strongest asset. We recognize that when our team members thrive, our firm is more successful.
• Janney is an equal opportunity employer and makes employment decisions on the basis of merit and business needs.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager