Executive Director, Operations – Credit & Custody

Ref: 39777
Leading Financial Services organisation seeking a Executive Director to join their Operations department in St Louis, MO, focused on Credit & Custody.

Key Responsibilities

• Sets overall strategic direction for Operations in cooperation with other Executive Directors and Senior Management.
• Establishes and develops oversight procedures and documentation to ensure department policies and procedures comply with industry standards and regulations.
• Directs, evaluates, hires, terminates, subordinate staff, as appropriate.
• Communicates the firm’s mission and oversees leadership within assigned departments.
• Coordinates with other internal departments, such as Compliance and Enterprise Risk, to ensure firm policies are followed.
• Ensures Directors have the necessary resources to fulfill new initiatives.
• Ensures appropriate career paths and training and development resources are in place and used to cultivate and improve Operations associates.
• Promotes effective communication within and outside areas of responsibility.
• Ensures consistent adherence to Corporate & Regulatory policies.
• Designs projects necessary to improve the overall efficiency of the Operations area.
• Oversees new product introduction and development.
• Interacts with internal/external auditors and regulators, as necessary.

Skills/ Experience Required

• Minimum Required: 10+ years of relevant experience within the financial services industry, preferably including a broker dealer back office environment
• Strong working knowledge and thorough understanding of industry regulations.
• Deep understanding of brokerage operations with extensive experience in the relevant subject areas.
• Ability to analyze and interpret industry rules and regulations.
• Positive leadership and teamwork skills to effectively manage projects. Ability to lead, train, and support team members to develop career progression within the department. You will be managing a small team of directors in this role
• Excellent communication skills to present to internal/external business partners. 
• Ability to interact with all levels of management and externally with auditors and examiners.

• Minimum Required: Bachelor’s degree or equivalent combination of education and experience.

Licenses & Credentials, Systems, Tech.

• Minimum Required: FINRA Series 7, 63, 24 & 27.

•  Proficient in Microsoft 365: Outlook, Word, Excel, and Access (or SQL).
•  Thorough understanding of applicable BETA functions.    #LI-AS1

Bruin recognises the positive value of diversity, and aims to promote equality and challenge unfair discrimination. As a champion of equal opportunity employment we welcome applications from all suitably qualified persons – men and women, people of all ages, sexual orientations, nationalities, religions and beliefs. We particularly encourage applications from women, disabled, and Black, Asian and minority ethnic candidates as these groups are underrepresented throughout the financial services industry. Our clients work with us because they value a diverse workforce, and subscribe to our shared principle that all appointments are made on merit and that ability to perform the job will be the primary consideration.