SENIOR BROKER DEALER OPERATIONS EXECUTIVE

Job Description

Job Description

This opportunity is an in-person position in Dallas, TX

Minimum years of experience:  7-15

Skills/Licensing

Must be detail-oriented with the ability to multi-task

SIE/Series 99—Operations Professional; Series 7/24 is a plus

Familiarity with Pershing (Netx360) and Bloomberg TOMS/terminal is important

Familiarity with Office365 suite, particularly Excel, is critical

Familiarity with MSRB, RTTM, TRAQS, IPREO, ALERT and bond insurance is useful

Versatile detail-driven hands-on financial services leader with experience in back and middle office operations.

·         Experience with:

o   Managing small team (2-4 people)

o   Processing trades (municipal, government, corporate, some equity and mutual funds)

o   Monitoring trade reporting and settlements (in NetX360)

o   Monitoring trade reporting in MSRB and TRAQS

o   Monitoring  trade activity and reporting on Bloomberg

o   Monitoring margin details (in Netx360)

o   Monitoring incoming and outgoing wires and checks

o   Resolving items for attention (in NetX360)

o   Client onboarding–primarily Institutional and some Retail (Individual, Joint, Trust, Estate, TOD and IRA’s)

o   Set up and maintain NetX Investor user logins for customers.

o   Setting up new registered reps/managing entitlements (in Netx360)

·         Client Relationship Management—comfortable working with counterparties/clients

o   Examples:  general problem solving, researching cost basis for tax reporting, processing LOA requests and IRA Distributions

·         Ability to work with institutional sales team/underwriters

·         Preparing monthly commission adjustments

·         Preparing and distributing monthly blotters

·         Understand regulatory rules and follow firm and regulator policies and procedures

·         Initiating and approving wires

·         Support company’s Registered Investment Advisor

·         Provide customer and internal trade support

Founded in 1987, SAMCO Capital ( is an employee-owned broker dealer based in the Southwest, specializing in municipal finance. We are a leading underwriter of municipal bonds nationally and provide financial advisory services to hundreds of clients in the Southwest. This position is onsite in our Dallas office.

Company Description

Founded in 1987, SAMCO Capital ( is an employee-owned broker dealer based in the Southwest, specializing in municipal finance. We are a leading underwriter of municipal bonds nationally and provide financial advisory services to hundreds of clients in the Southwest. This position is onsite in our Dallas office.