Connecting linkedin



VP Prime Services and Adv. Clearing

  • Location

    Los Angeles, CA

  • Sector:

    Financial Services and Banking

  • Job type:


  • Salary:


  • Contact:

    Edward Maglalang

  • Contact email:

  • Salary high:


  • Salary low:


  • Published:

    16 days ago

  • Expiry date:


  • Startdate:


Responsibilities include, but are not limited to:

  • Supervise transaction reporting pre-trade approval, personal activities, etc., review, social media/email review, daily trading exception reports, market access controls for equities and options trading desks, best execution review, and approval of wire transfers and LOAs
  • Manage and oversee the verification of asset transfers
  • Conduct an annual due diligence review of Correspondent broker-dealer clients
  • Ensure accuracy and integrity of monthly supervisory checklists and quarterly risk assessment reports to business unit leaders to ensure there are no breaches in supervision. Manage the delivery and execution of annual and periodic updates on supervisory issues to the Firm’s senior management team
  • Collaborate with the Firm’s Compliance department to implement supervisory processes in response to regulatory developments and industry best practices. Partner with the Firm’s compliance department to recommend policy. Process and/or control changes/enhancements to management

Experinced and Skills

  • FINRA Series 7, 24, 57 licenses required
  • Strong working knowledge of SEC and FINRA rules and their applicability to equity and options trading for retail and institutional clients
  • Prior experience in a Prime Brokerage or Correspondent Clearing environment