Chief Operating Officer

Revel IT; Chicago (IL); Hybrid; USD 250,000 - 300,000; Full time

Job summary

A leading company in financial services is seeking a Chief Operating Officer to oversee its operations across multiple divisions in Chicago. The ideal candidate will have extensive experience in operational leadership and regulatory compliance, driving strategic initiatives for growth and excellence. The successful COO will lead diverse teams towards operational integrity and foster a culture of continuous improvement, making this a pivotal role in a dynamic organization.

Benefits

Medical insurance

Vision insurance

401(k)

Qualifications

• 10+ years of progressive leadership experience in financial services operations.
• Minimum 5+ years in senior management roles.
• Proven track record of successfully leading and developing teams of 15+ professionals.

Responsibilities

• Develop and execute comprehensive operational strategies.
• Ensure operational integrity and efficiency across all operations.
• Oversee compliance with industry regulations and standards.

Skills

Leadership

Strategic Planning

Regulatory Compliance

Operational Excellence

Change Management

Analytical Skills

Education

Bachelor's degree in Finance, Business Administration, Economics, or related field

MBA or advanced degree strongly preferred

Tools

Microsoft Office

SQL

Python

Power Automate

Job description

4 days ago Be among the first 25 applicants

This range is provided by Revel IT. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$250,000.00/yr - $300,000.00/yr

Direct message the job poster from Revel IT

Must live in Chicago, IL or be open to relocate.

Must be Series 24 certified.

Salary is open for negotiations.

Chief Operating Officer (Hybrid Position - Chicago)

We are seeking a visionary operational leader to serve as Chief Operating Officer, overseeing our comprehensive operations infrastructure across multiple business lines. This executive role requires a proven leader with extensive experience in operations, regulatory compliance, and team development to drive strategic initiatives and operational excellence across our growing organization.

Position Overview

The COO will have operational oversight of approximately 20 professionals across five critical operational divisions: Broker Dealer Operations, FCM Operations, Trade Execution, Fixed Income Operations, and Securities Lending Operations. This role combines strategic leadership with hands-on operational expertise to ensure seamless service delivery, regulatory compliance, and sustainable business growth while maintaining our commitment to operational excellence.

Key Responsibilities

Strategic Leadership & Vision

• Develop and execute comprehensive operational strategies aligned with corporate objectives and growth initiatives
• Lead process optimization initiatives across all operational divisions
• Drive strategic planning for capacity expansion, technology upgrades, and operational scalability to support business growth
• Collaborate with senior leadership on business development opportunities and enhanced client service delivery
• Establish key performance indicators and operational metrics to measure performance and success

Organizational Leadership & Development

• Provide executive leadership and strategic direction to division heads across Broker Dealer Operations, FCM Operations, Trade Execution, Fixed Income, and Securities Lending teams
• Foster a culture of continuous improvement, accountability, and cross-functional collaboration across all operational teams
• Lead organizational change management initiatives and drive process standardization efforts

Operational Excellence & Risk Management

• Ensure operational integrity and efficiency across clearing, settlement, custody, and trading operations
• Oversee daily operations including clearing, settlement, pledging, exercise & assignment, expiration processing, corporate actions, and position transfers
• Implement robust risk management frameworks and operational controls across all divisions
• Drive automation and technology integration to enhance operational efficiency and reduce operational risk

Regulatory Compliance & Governance

• Maintain comprehensive understanding of regulatory landscape across SEC, FINRA, CFTC, and OCC requirements
• Oversee compliance with Regulation T, FINRA Rule 4210, SEC Rules 15c3-3 and 15c3-1, and CFTC regulations
• Establish governance frameworks and reporting structures for regulatory compliance
• Ensure robust recordkeeping and documentation standards across all operational areas
• Lead large-scale operational projects including system implementations, process re-engineering, and regulatory initiatives
• Oversee vendor management and technology partnerships to enhance operational capabilities
• Drive innovation in operational processes through automation, workflow optimization, and technology integration
• Manage resource allocation across operational divisions
• Lead cross-functional projects supporting business expansion and new product launches

Qualifications

Required Experience & Education

• 10+ years of progressive leadership experience in financial services operations, with significant experience in equities working in a self-clearing broker-dealer and FCM
• Minimum 5+ years in senior management roles with direct responsibility for multiple operational areas
• Proven track record of successfully leading and developing teams of 15+ professionals across diverse operational functions
• Bachelor's degree in Finance, Business Administration, Economics, or related field; MBA or advanced degree strongly preferred

Regulatory & Professional Certifications

• Series 7, Series 24 required; Series 4 and additional registrations preferred
• Deep knowledge of SEC, FINRA, CFTC, and OCC regulations and compliance requirements
• Experience with regulatory examinations, audit management, and compliance program development

Technical & Analytical Skills

• Advanced proficiency in operational systems, trade processing platforms, and clearing technologies
• Strong analytical and problem-solving capabilities with experience in process improvement methodologies
• Proficiency in SQL, Python, Power Automate, or other automation and data analysis tools
• Expert-level Microsoft Office skills, particularly Excel for complex financial analysis and reporting
• Experience with project management methodologies and enterprise risk management frameworks

Leadership & Communication

• Exceptional leadership skills with demonstrated ability to inspire, develop, and retain high-performing teams
• Outstanding communication and presentation skills for internal stakeholders and regulatory interactions
• Strong strategic thinking and business acumen with ability to translate operational insights into business opportunities
• Proven change management and organizational development experience
• Absolute integrity with strong ethical standards and commitment to regulatory compliance

Preferred Qualifications

• Experience with equity options and fixed income operations
• Background in operational technology implementations and digital transformation initiatives
• Experience with mergers, acquisitions, or significant business expansion projects
• Professional certifications in project management (PMP), risk management (FRM), or operations management

Seniority level

• Seniority level

  Executive

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance

Referrals increase your chances of interviewing at Revel IT by 2x

Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

Get notified when a new job is posted.

Sign in to set job alerts for “Chief Operating Officer” roles.

Chief Executive Officer - Precision Manufacturing

Chief Executive Officer - Lower Middle Market Precision Manufacturing Wire EDM – Private Equity, 78926

Chief Executive Officer – High Growth Residential and Commercial Services Roll-Up – Private Equity, 78907

Chicago, IL $250,000.00-$350,000.00 1 week ago

Vice President, CIO Go-To-Market Industry Lead

Chicago, IL $273,000.00-$401,660.00 1 week ago

Vice President for Finance and Administration and Chief Financial Officer

Chief Financial and Administrative Officer (CFAO)

Chicago, IL $230,000.00-$350,000.00 1 day ago

Vice President of Scheduling and Call Center

Vice President of Construction, Mission Critical

Vice President, Investor Relations - Hybrid Chicago or NYC Area

Bannockburn, IL $180,599.08-$301,005.81 2 weeks ago

Chicago, IL $130,000.00-$165,000.00 3 days ago

Vice President, Strategic Integration & Program Leadership

Vice President of Investment - Industrial & Critical Infrastructure | USA

Vice President / Senior Vice President of Integrated Communications

Chicago, IL $120,000.00-$180,000.00 6 days ago

Vice President of Product Development and Operations

Vice President, Partnerships and Account Management

Chicago, IL $170,000.00-$200,000.00 1 month ago

International Onboarding Specialist - Vice President

VICE PRESIDENT OF STRATEGIC GROWTH, BUSINESS AND PARTNERSHIP DEVELOPMENT- LEVY - CHICAGO, IL

Chicago, IL $125,000.00-$155,000.00 3 days ago

Director of Strategy and Technical Operations 697

Chicago, IL $206,000.00-$230,000.00 1 month ago

Vice President of Product Development and Operations

Greater Chicago Area $135,000.00-$155,000.00 4 days ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.