Director of Brokerage Operations

moomoo; Jersey City (NJ); On-site; USD 90,000 - 125,000; Full time

Benefits offered by this job

Comprehensive Paid Medical Benefits

401k Employer Contribution

Generous Paid Time Off & Paid Holidays

Opportunities for Professional Growth & Development

Performance Based Bonuses

Job summary

A leading financial services company is seeking an experienced Operations Director to oversee their Broker-Dealer operations. The role encompasses operational oversight, risk management, and regulatory compliance, with a focus on optimizing processes. Candidates should possess significant experience and a strong understanding of industry regulations, driving improvements within the operational framework while collaborating across functions. We offer comprehensive medical benefits, retirement contributions, and opportunities for professional growth.

Qualifications

• 10+ years of experience in Broker-Dealer Operations Control.
• Strong understanding of SEC, FINRA, and regulatory frameworks.
• Exceptional analytical skills with attention to detail.

Responsibilities

• Monitor daily operations, trade settlements, and financial transactions.
• Identify, assess, and mitigate operational risks.
• Ensure adherence to regulatory requirements with proper documentation.

Skills

Risk Management

Compliance Monitoring

Operational Oversight

Trade Reconciliations

Analytical Skills

Education

10+ years of experience in Operations Control

Strong understanding of SEC and FINRA regulations

Job description

About Futu US Inc.:

Futu US Inc. stands at the forefront of financial services, housing two SEC registered broker-dealers alongside a cryptocurrency brokerage — all operating under the reputable wing of Futu Holdings Limited (Nasdaq: FUTU).

Our core mission revolves around innovating the investing landscape through a digitized brokerage and wealth management platform that's designed to elevate the investment experience.

Here's a closer look at our key entities:

• Futu Clearing Inc.: An SEC registered FINRA member dedicated to delivering top-tier clearing and execution services globally.
• Moomoo Financial Inc.: As an SEC registered FINRA member, we provide retail investors access to both U.S. and Asian securities markets, ensuring your investment journey is backed by expertise.
• Moomoo Technology Inc.: Offering a data-rich trading platform, we provide unparalleled insights and tools to enhance your trading strategies. Note that this entity is not a licensed broker-dealer.

For deeper insights into our entities and affiliates, explorefutuclearing.comormoomoo.com/usto discover the future of investing with confidence and innovation.

About our role:

We are seeking an experienced Operations Director to join our dynamic team within our Broker-Dealer operations. The ideal candidate will play a pivotal role in ensuring seamless operational processes, mitigating risk, and maintaining compliance with regulatory standards. This position requires a proactive approach to identifying inefficiencies, implementing controls, and optimizing procedures to enhance operational effectiveness.

Key Responsibilities:

• Operational Oversight: Monitor daily operations, trade settlements, reconciliations, and financial transactions to ensure accuracy and compliance.
• Risk Management: Identify, assess, and mitigate operational risks, developing strategies to enhance controls and minimize errors.
• Regulatory Compliance: Ensure adherence to SEC, FINRA, and other regulatory requirements while maintaining proper documentation and reporting.
• Process Improvement: Analyze existing workflows, recommend enhancements, and implement automation initiatives to boost efficiency.
• Audit & Internal Controls: Collaborate with internal audit teams to ensure all processes align with industry best practices and regulatory standards.
• Cross-functional Coordination: Work closely with Clearing, Finance, AML, Compliance, Cash Management and Stock Transfer teams to streamline operations.
• Issue Resolution: Investigate trade discrepancies, reconcile accounts, and resolve escalated operational issues with precision and urgency.

• 10+ years of experience in Operations Control within a Broker-Dealer environment.
• Strong understanding of SEC, FINRA, and regulatory frameworks governing Broker-Dealer operations.
• Expertise in trade reconciliations, risk management, and compliance monitoring.
• Proficiency in industry systems (e.g., DTCC, OCC, Bloomberg, or similar platforms).
• Exceptional analytical and problem-solving skills with attention to detail. Effective communication and collaboration abilities in a fast-paced environment.
• Understanding of an omnibus clearing model

What We Offer:

• Comprehensive Paid Medical Benefits:We prioritize your health with a robust medical benefits plan that covers you and your dependents
• 401k Employer Contribution:We match your contributions to help you grow your retirement savings
• Generous Paid Time Off & Paid Holidays:Take the time you need to recharge and pursue your passions with our generous paid time off policy
• Opportunities for Professional Growth & Development:Invest in your future through hands-on learning, skill-building, and cross-functional work
• Performance Based Bonuses:Your hard work deserves recognition! Enjoy performance-based bonuses that reward your contributions to our team's success

Base pay for a successful applicant will depend on a variety of job-related factors, which may include education, training, experience, location, business needs, or market demands. The expected salary range for this role is$90,000 - $125,000. This role is also eligible to participate in our discretionary bonus plan.

Disclaimer:

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Futu Holdings Limited, including all subsidiaries, is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability status, protected veteran status, or any other characteristic protected by law.

Warning about fake job posts:

Please be aware of fraudulent job postings by persons not affiliated with Futu, Moomoo, or their affiliates. Criminals may use fraudulent job postings to obtain your personally identifiable information and/or financial information to steal your identity and/or money.

All communications to you will come from a business email address. We do not hire through text message, social media, or email alone, and any interviews will be conducted in person or through a video call. We will not ask you for bank account information nor ask you to pay anything during the hiring process.

If you see suspicious activity or believe that you have been the victim of a job posting scam, you should report it to your local FBI field office or to the FBI’s Internet Crime Complaint Center.

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