Operations Associate

P&S Associate/OperationsBroker Dealer/Clearing Firm$90,000-$110,000 + Great Benefits!Dallas, Texas-HYBRID

Growing Broker Dealer is looking for someone to join their growing division-Series 7 is a MANDATE! Must have min. 2 years Clearing Ops experience.

Responsibilities include:Reconciliation of Equity Trade Breaks. Reconciliation of all options trades and positions vs OCC using ENCORE. Rigorously review and reconcile all options expiration, exercise, and assignment related activity. Meticulously review and approve all relative options instructions and declarations from correspondents while simultaneously calculating high value exercise/assignment scenarios as well as dollar cost extensions to inform clients in a timely manner. Collaborate and communicate efficiently with all clients, departments, venues, and executing brokers to ensure recon documentation outline any resolutions. Engage in daily clearing operations including account reconciliation, stock loan mark-to-market processing, OCC cash and security collateral management, LOPR review and auditing, corporate action processing, and bilateral hedge program estimate calculations. Qualifications are:2+ years in Broker Dealer/Clearing firm industry experience. Series 7 licensed, and willing to take Series 99. Preferably with Series 4, if not the candidate must have strong knowledge of Options trading and/or clearing. Strong data analysis skillsStrong collaboration skills to work with international colleagues. Ability to work in time sensitive and high-pressure environment.