Operations Manager, Sr

Hilltop Securities Inc.; Dallas (TX); On-site; USD 120,000 - 150,000; Full time

Job summary

HilltopSecurities in Dallas, TX seeks a Senior Operations Manager to provide strategic and operational leadership across Clearing Firm Operations, overseeing day-to-day activities and driving risk-aware, compliant service delivery. The role partners with Compliance, Risk, Technology, and Finance to implement scalable operating models.

The ideal candidate has eight or more years in broker-dealer operations, a strong control mindset, and a proven track record leading multi-functional projects.

Qualifications

• Bachelor’s degree in business, finance, accounting, or a related field.
• Eight or more years of progressive broker-dealer or clearing firm operations experience.
• Strong knowledge of securities processing, clearing, custody, and controls in a regional/national financial services setting.
• Experience leading large, cross-functional programs and complex projects.
• Ability to translate business objectives into practical operating models and measurable results.
• Proven leadership, people-management, and succession planning capabilities.
• Understanding of broker-dealer regulatory requirements, risk management, and business continuity.

Responsibilities

• Provide strategic and operational leadership across Clearing Firm Operations functions.
• Lead large, cross-functional projects from planning through implementation and delivery.
• Oversee daily operational activities and maintain a strong control environment for timely, compliant processing.
• Identify and implement process improvements, automation opportunities, and scalable practices.
• Collaborate with stakeholders to define operational support models, controls, and procedures.
• Develop, coach, and mentor managers and team members; build leadership depth.
• Establish and monitor KPIs, service and risk metrics; report to senior leadership.
• Resolve complex operational issues requiring independent judgment and cross-department coordination.
• Maintain policies, procedures, business continuity plans, and training materials for regulatory readiness.
• Manage staffing, budgets, and vendor relationships supporting Operations.

Skills

Leadership

Strategic planning

Cross-functional collaboration

Risk management

Regulatory knowledge

Communication

Project management

Mentoring

Operations leadership

Process improvement

Education

Bachelor’s degree in business/finance/accounting or related field

Tools

Microsoft Office

Reporting tools

Job description

Reporting directly to the Head of Operations, the Senior Operations Manager provides strategic and operational leadership across assigned Clearing Firm Operations functions. This role oversees day-to-day execution, maintains a strong risk and control environment, develops managers and team members, and ensures the accurate, timely, and compliant delivery of operational services. The Senior Operations Manager also leads large, complex, and cross-functional projects and strategic initiatives; partners with business, Compliance, Risk, Technology, Finance, and external service providers; and drives process improvement, automation, scalability, and organizational readiness. Success in this position requires broad clearing operations experience, sound judgment, strong leadership, and the ability to translate business objectives into practical operating models and measurable results.

Responsibilities

• Provide strategic and operational leadership across assigned Clearing Firm Operations functions, establishing priorities, performance expectations, and service standards aligned with the objectives of the Head of Operations.
• Lead large, complex, and cross-functional projects and strategic initiatives from planning through implementation, including defining scope, coordinating resources, managing risks and dependencies, and ensuring timely delivery of sustainable business outcomes.
• Oversee daily operational activities and maintain a strong control environment that supports accurate, timely, and compliant securities processing.
• Identify, design, and implement process improvements, automation opportunities, and scalable operating practices that improve efficiency, capacity, quality, and the client experience.
• Partner with business lines, Compliance, Risk, Technology, Finance, and other stakeholders to evaluate new products, regulatory changes, and business initiatives and define the operational support model, controls, procedures, and implementation requirements.
• Develop, coach, and mentor managers and team members; strengthen leadership depth, promote accountability, and support succession and talent development across the organization.
• Establish and monitor key performance, service, risk, and control metrics; analyze trends, address exceptions, and provide clear reporting and recommendations to senior leadership.
• Resolve complex operational issues and escalations requiring sound judgment, independent decision-making, and coordination across multiple departments or external service providers.
• Develop and maintain policies, procedures, business continuity plans, and training materials to support consistent execution, regulatory compliance, and operational readiness.
• Manage staffing, resource allocation, vendor relationships, and applicable budgets for services and initiatives that support Operations and impact multiple departments.
• Promote a culture of collaboration, continuous improvement, strong controls, and high-quality service for internal and external clients.

Qualifications

• Bachelor’s degree in business, finance, accounting, or a related field, or an equivalent combination of education and relevant industry experience.
• Eight or more years of progressive experience in broker-dealer or clearing firm operations, including significant experience leading operational teams, functions, or complex programs.
• Broad knowledge of securities processing, clearing, custody, and the operational control environment supporting a regional or national financial services organization.
• Experience in one or more of the following areas is preferred: Tax and Cost Basis Operations, Retirement Operations, Margin Operations, Cash Management Operations, or related clearing functions.
• Demonstrated ability to develop and execute strategic and operational plans, translate business objectives into practical operating models, and deliver measurable results.
• Proven success leading large, complex, and cross-functional projects or initiatives, with the ability to manage scope, resources, timelines, risks, dependencies, and competing priorities.
• Strong leadership and people-management capabilities, including experience developing managers and team members, building accountable teams, and leading through organizational or operational change.
• Sound understanding of broker-dealer regulatory requirements, risk management, internal controls, business continuity, and operational procedures.
• Excellent written and verbal communication, executive presentation, negotiation, stakeholder-management, and conflict-resolution skills.
• Strong analytical, critical-thinking, and problem-solving skills, with the judgment and attention to detail required to resolve complex operational issues and make timely decisions.
• High degree of proficiency with operations-processing platforms, Microsoft Office applications, reporting tools, and technology used to support workflow, controls, and process improvement.
• Ability to operate effectively in a fast-paced environment, adapt to changing organizational priorities, and manage multiple responsibilities and deadlines.
• FINRA Series 7 and Series 24 or 27 preferred, or the ability to obtain required registrations within established company timeframes; Series 63 is a plus.

About Us

At HilltopSecurities, we believe in building noble and collaborative relationships that enrich the financial future of individuals, businesses and communities. With an extensive portfolio of products, we deliver a broad range of investment banking and related financial services that help our clients achieve their definition of success. As a subsidiary of HilltopHoldings, which also encompasses PlainsCapital Bank, and PrimeLending, we have the financial strength and stability that has withstood the test of time. Our nationwide presence in 400 locations across 44 states provides our associates with extensive opportunities to grow their careers in a diverse organization that truly values relationship capital above all else.

About The Team

The Operations department’s work is vital to the functionality and success of HilltopSecurities. The department provides back-office support and service for the entire firm. With well over 100 employees ranging from specialists to senior managers, each individual plays a specific role in the overarching operation of the company. Operations’ areas of focus include clearance, settlement, unit investment trusts, government and mortgage-backed securities, money market instruments, and OTC derivates. Our Operations professionals also manage transactions between mutual funds and insurance carriers and their respective investors. As a part of Operations, you are expected to provide high quality customer service, doing your best to make sure our clients succeed, and keeping their best interests as your highest priority. We value all of our team members, and your commitment to our firm will have a significant impact on the way we operate. We encourage all Operations employees to obtain FINRA licenses and support them in this endeavor. We also provide additional professional development resources to help advance our team members’ careers. In the Operations department, you will be surrounded by people who are passionate about HilltopSecurities and upholding our reputation as a leading municipal investment bank.