Clearing Operations Manager-Mandarin

# Clearing Operations Manager-Mandarin Comrise Full  time Miami, FLFinance

Posted 11 days ago Expires Oct 17, 2026##

Job Description

Key Responsibilities Operational Leadership
• 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,…