Operations Associate

Title: Operations Associate

Rosenblatt Securities started as an independent NYSE floor broker in 1979 with a simple goal: help clients prosper by offering conflict-free advice and execution services. Since then, Rosenblatt has adapted to changing times and diversified. Today we are:

• The industry’s largest floor broker
• A provider of top-notch agency program-trading services
• The undisputed leader in market-structure analysis
• A source of differentiated equity research on the TMT sector
• An award-winning FinTech and TMT investment banking boutique

But one thing remains the same: our passion for improving the capital markets and an unwavering commitment to a culture of independence, integrity, and intellectual honesty that has guided us from day one.  Learn more about our culture here.

Job description

The Operations Associate position is an entry-level middle office role to be a liaison between a number of parties: our clients, traders and other personnel, clearing firm, algo providers and exchanges, and third-party vendors. You will be mainly responsible for post-trade support and ensuring that end of day processing is as smooth and efficient as possible. The position is based at our 40 Wall Street NYC headquarters.

Responsibilities:

• Onboard and setup new clients prospected by our sales team for floor/desk trading
• Process end of day trade allocations across multiple platforms
• Monitor trade affirmations and resolve trade breaks in a timely manner
• Address fails and open items to keep clients appraised as needed
• Trade matching and reconciliation of back office and front office systems
• Communicate processing and settlement issues with traders and clients
• Work closely with the CCO, COO, and VP of Operations and Executions Services
• Provide extra trading capacity daily at the market close with our team on the NYSE floor 
• Allocate revenues and expenses for our controller on a monthly basis
• Support of our client billing system
• Coordinate with our compliance department to help them complete FINRA audits
• Assist in ad hoc projects for other business units 

Qualifications:

• Bachelor’s degree in finance, accounting, or other related field
• Relevant experience in brokerage/hedge fund operations and knowledge of settlement process a plus
• Interest in financial services and the equity markets and how they operate
• Keen attention to detail and ability to identify potential issues before they arise
• Ability to collaborate and work as part of a team while also being self-sufficient
• Intuitive and resourceful problem solver that needs minimal guidance
• Implement creative technology solutions to improve/optimize automated workflows
• Client-focused mindset when responding to requests and understands the sense of urgency
• Teachable and capable of picking up new systems/topics quickly and easily
• Effectively communicate and practice good email etiquette