Associate Director Trade Operations

This range is provided by Calculated Hire. Your actual pay will be based on your skills and experience "” talk with your recruiter to learn more.Base pay range$175,000.00/yr - $225,000.00/yrAbout the jobThis position's responsibilities will include but is not limited to managing middle office operations and settlements. This role will be accountable for supporting operational processes related to clearing and settlements and will involve working directly with clients, CES's clearing broker, the business group, and other internal teams. The right candidate should possess excellent client service skills and prior experience with US Equities broker to broker, and DVP settlements. Familiarity with international settlements and asset servicing is a positive, with particular focus on Canada and UK/Europe.Essential Job Functions/ResponsibilitiesWork with CES client service and sales team to onboard and set-up new clients utilizing our proprietary systems.Work with Clearing firm on any escalations regarding aged fails, trade breaks and or positions.Monitor trades to ensure settlement and work with clients, client services, custodians, clearing agents, and brokers to resolve settlement issues and resolve trade fails.Respond to intraday trade inquiries from clients, Client Service and other teams.Review failed sales and escalated potential Regulation SHO issues. Communicate buy-ins to affected clients and Help Desk.Represent the CES Ops team with other teams to ensure compliance with operations regulations.Work extensively with Technology, Operations, Business Management, Client Service and other teams to help manage the technology applications and business processes supporting trade settlement and asset servicing.Work closely with Settlements teams in Europe and Canada to work on establishing and or automating new processes involving CES client business and or non-US clients executing with CES.Education/Experience RequirementsBachelor's degree at a minimum. Series 99 (or ability to obtain within 6 months).Very strong Client Service skills are required.A minimum of three to five years prior US Equity settlements operations or middle office experience with strong understanding of broker/dealer operations. Prime brokerage Operations Experience is a plus.Strong interpersonal skills and ability to interact with business and technical staff.Strong written and verbal communication skills.Strong organizational skills.Ability to work well under pressure and ability to multitask.The total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.We are proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics.Seniority levelDirectorEmployment typeFull-timeJob functionAnalyst, Management, and General BusinessIndustriesBanking, Investment Banking, and Financial Services#J-18808-Ljbffr

Created: 2025-03-05