Seeking an Operating Principal - Sales Manager who will be tasked with oversight of Technology, Administrations and Operations our client Broker-Dealer client.
Your Role:
- Management and development of the Broker Dealer platform in order to increase revenue, control costs, reduce risk and increase customer retention
- Develop and maintain training programs, including investment products, trading
- procedures and account opening
- Oversight of vendor service contracts
- Responsible for the supervisory review of new accounts.
- Investment product selection and due diligence; formulate policies and controls surrounding products
- Handling of networking agreement and referrals
- Responsible, as Broker of Record, for all referred accounts by non-registered RM’s
- Supervise, monitor and coach the role of the sales associate on daily activities.
- Review and sign “daily blotter” to ensure adherence to best practices, suitability and
- correct commission and sales charges.
- Review and file monthly Mutual Fund reports, Margin Reports and Options Reports.
- Comprehensive understanding of AML, KYC protocols and customer suitability
- Design and implement investment solutions and strategies supporting Sabadell
- Securities commercial growth
- Lead, execute and manage multiple initiatives which may include new business expansions, restructuring, system conversions and implementations
- Manage client relationships from the Broker Dealer perspective.
- Monitor business trends, both quantitative and qualitative, and work with management in determining the FIRM’s financial growth plan and objectives.
Qualifications:
- 5+ years of experience in the financial industry within a FINRA registered Broker Dealer platform
- Excellent organizational, analytical, critical thinking, communication and social skills, a proactive approach to problem solving, adapt quickly, and act fast.
- Minimum Education requirements – Bachelors degree in Finance, Masters degree would be welcomed
- Required Licenses: Series 4, Series 7, Series 24, Series 53, and Series 63
