Clearing Operations Manager-Mandarin Job Fort Lauderdale area,Florida USA,Finance & Banking

Lead and manage the Operations function, including staffing, workflows, supervision, training, business continuity, and succession planning.
Establish, maintain, and enhance operating procedures, supervisory controls, service-level standards, escalation protocols, and operational risk controls.
Build a culture of ownership, urgency, accuracy, accountability, and continuous improvement.
Develop operational KPIs, KRIs, dashboards, and management reporting to monitor productivity, error rates, aging exceptions, client service, settlement exposure, and control effectiveness.
Present periodic operational performance, risks, capacity needs, and strategic initiatives to the CEO and executive leadership.

Clearing and Settlement

Oversee daily clearing and settlement operations for equities, ETFs, listed options, and related products.
Manage and supervise core DTCC/NSCC/DTC processes, including trade comparison and reconciliation, CNS settlement, securities movements, fails management, stock record and position reconciliation, ACATS/transfer activity, and deposit/withdrawal activity.
Oversee OCC clearing and settlement activities, including options trade reconciliation, exercise and assignment processing, expiration processing, OCC margin-related operations, collateral movements, and exception management.
Ensure accurate and timely processing of IPO allocations, new-issue allocations, restricted securities workflows, and related securities movements, as applicable.
Maintain operational readiness for market volatility, high-volume days, corporate action events, settlement disruptions, and clearinghouse intraday requirements.

Margin, Collateral, and Liquidity

Partner with Risk Management and Finance to oversee daily margin processes, including client margin calls, house and customer margin deficits, concentration-related requirements, collateral eligibility, and intraday exposures.
Monitor and manage firm settlement obligations, clearing fund and margin requirements, collateral movements, financing needs, liquidity forecasting, and intraday funding requirements.
Coordinate with Finance on cash management, bank balances, wire controls, payment approvals, settlement funding, and reconciliations.
Oversee the movement and pledge of firm collateral to support regulatory capital, clearinghouse obligations, and operating liquidity needs.
Escalate material settlement, margin, collateral, liquidity, customer debit, or concentration concerns promptly to executive management and the appropriate control functions.

Securities Lending and Corporate Actions

Oversee securities lending and borrowing operations, including borrow availability, recalls, returns, marks, contract comparisons, collateral movements, and stock-loan reconciliations.
Partner with Compliance and Risk Management on Regulation SHO controls, close-out requirements, locate processes, threshold securities monitoring, and related reporting or escalation.
Oversee voluntary and mandatory corporate actions, including dividends, reorganizations, tender offers, mergers, conversions, rights offerings, spin-offs, and option-adjustment events.
Ensure timely communication and processing of corporate-action elections and entitlements for introducing brokers and underlying customers.

Client and Market-Participant Management

Serve as a senior operations contact for correspondent clients, executing venues, custodians, banks, clearing agencies, technology vendors, and other market participants.
Strengthen operational client service, including onboarding coordination, account and operational setup, issue resolution, reporting, settlement support, and escalation management.
Work with execution venues and technology providers to resolve trade breaks, connectivity issues,…