Brokerage Operations Analyst at Stash

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

29 Jan, 26

Salary

110000.0

Posted On

31 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Brokerage Operations, Equities Trading, ACATS, Settlement, Risk Controls, FINRA, SEC Regulatory Framework, MS Excel, SQL, VBA/Macros, Automation, User Account Maintenance, Corporate Actions, Project Work, Trading Reconciliations, Cash Management

Industry

Financial Services

Description

Want to help everyday Americans invest and build wealth? Financial inequality is increasing, and too many people are getting left behind. At Stash, we are passionate about democratizing wealth creation through education, advice, and products that help customers achieve greater financial freedom. The Brokerage Operations Analyst will be a crucial addition to our Operations team and will be responsible for daily brokerage operations functions. If you're an equities trading expert with a desire to join a startup and make a huge impact from day 1 -- Stash is looking for you! What you'll do: Complete daily brokerage operations tasks/ workflows, including cash, position, and trading reconciliations to ensure that all operational procedures and risk controls are followed, documented, and properly maintained Ensuring the timely settlement of all trades and underlying client allocations, including resolving client and street side breaks Review and reconcile house accounts. Process trade bookings and cancel/rebills Process, monitor and troubleshoot ACATs Ensure accuracy of all positions, cash and broker data on firm systems. Provide ongoing user account maintenance and review of new and existing account activity Monitor and manage mandatory and/or voluntary corporate action events including dividends and interest payments Provide support to Legal, Compliance, Product, and Engineering teams to establish, monitor and manage key risk indicators for all functions. Identify opportunities to improve operational processes through automation Participate in project work, including needs assessment, to build out and scale operational and technology platforms, including QA cycles What we're looking for: 1-3 years of brokerage operations/trading experience Knowledge of Equities trading, clearance, ACATS, and settlement. Margin experience a plus Technology-driven with a focus on the application of operational procedures and automation Understanding of FINRA and SEC Regulatory framework FINRA Series 99 required. Series 7, 63 Bachelor’s Degree in Finance, Economics, or quantitative field Advanced skills in MS Excel Intermediate skills in SQL and VBA/Macros Gold Stars: Series 57 or ability to obtain within 90 days #LI-Hybrid Our Commitment to Diversity, Equity, and Inclusion We proudly celebrate the unique qualities that make you you, 365 days a year, and not just because it’s the right thing to do or good for business. We embed the principles and practices of diversity, equity, and inclusion (DEI) into all that we do to prioritize people, a Stash core value, and to ensure Stashers of all backgrounds and experiences can be their authentic selves. We are also proud to be the first and only venture-backed fintech to join the CEO Action for Diversity & Inclusion™, and as an Equal Opportunity Employer, Stash is committed to building an inclusive environment for people of all backgrounds. If you require any reasonable accommodations to make your application process more accessible, please reach out to recruiting@Stash.com. Helping You Invest in Yourself Comprehensive total rewards package, comprising compensation (salary and equity) and health care benefits Complimentary subscription to Stash+ account Flexible work policy – We offer a flexible work environment that blends working from home with in-person collaboration at our NYC office to support productivity and team culture. Flexible PTO Work-from-home equipment stipends; home internet subsidy Paid Parental Leave (offerings for birth giving and non-birth giving parents) Primary & Secondary Enhanced health and wellness benefits through One Medical, Gympass, and Maven Health External Recognition for Stash Benzinga’s 2023 Best Brokerage for Beginners and Best Robo-Advisor Awards Qorus-Accenture’s 2023 Banking Innovation Awards USA Today and Statista’s 2023 Top 500 Best Financial Advisory Firms Comparably's Best Company Awards: Best Places to Work, Best Company Outlook, and Best Engineering Team for Diversity, Women, Culture, and more! (2023) Fintech Breakthrough Award: Best Personal Finance App (2023) BuiltIn’s Best Places to Work (2022, 2021, 2020, 2019) Forbes Fintech 50 (2021, 2020, 2019) Best Digital Bank, Finovate Awards (2020) Tearsheet Challenge Awards, Best Banking Card Product - Stock-Back® Card, 2020 LendIt Fintech Innovator of the Year (2020, 2019) Salary Range: $90,000- $110,000 The base salary range represents the reasonably anticipated low and high end of the salary range for this position. Actual salaries will vary and will be based on various factors, such as the candidate’s qualifications, skills, experience and competencies, as well as internal equity and alignment with market data for companies of our size and industry. **No recruiters, please**

Responsibilities

The Brokerage Operations Analyst will complete daily brokerage operations tasks and ensure that all operational procedures and risk controls are followed. This role involves monitoring trade settlements, reconciling accounts, and providing support to various teams within the organization.