Review and resolve uncovered or at-risk options positions.
If designated by the firm, serve as Registered Options Principal.
Define and monitor key risk indicators and operational metrics, and lead root-cause analysis on incidents, trade breaks, and risk events.
Own the operational control environment for margin and options, and prepare the team for audits, internal and external reviews, and regulatory examinations.
Serve as the operational contact for vendors and for OCC.
Collaborate with internal and external auditors to provide data and information.
Follows assigned work schedule with regular and predictable attendance.
Performs other duties as assigned.
QUALIFICATIONS
5–10+ years of experience in brokerage or clearing operations, ideally at a broker-dealer or custodian.
Hands-on management of margin operations and options operations, including OCC workflows and reconciliation.
Experience leading small, specialized teams in high-risk, high-volume environments.
Working knowledge of Reg T, FINRA Rules 4210 and 2360, and SEC Rule 15c3-3.
Bachelor’s degree in business, finance, or a related field. An advanced degree is preferred.
PROFESSIONAL CERTIFICATIONS
Series 7
Series 4 (Registered Options Principal), if the role carries that designation
Series 24 preferred
If you do not already have a Securities license relevant to your role at Innovayte, you may be required to take and pass the Securities Industries Essentials exam provided by FINRA. In addition, based on your role responsibilities, you may also be required to pass additional Securities Industry exams to allow you to operate in your role and be compliant with FINRA and the SEC requirements. These licenses, when required, need to be obtained within certain specific time frames, typically 120 calendar days.
TECHNICAL SKILLS
To be successful in this role, you should have experience with and an understanding of the following:
Margin and options risk data, interpretation, and escalation.
FIS Phase3, Sterling OMS and risk tools, OCC ENCORE, and DTC/NSCC processes.
Strong documentation and audit-readiness discipline.
ROLE OF A MANAGER
If your role entails supervising or managing other employees, you have the privilege of helping mold and develop the next generation of leaders within Innovayte. It is therefore critically important to ensure your associates have proper training, ongoing monitoring of their functions and timely coaching. As a regulated firm, managers are also responsible for maintaining effective training programs for their associates and departmental procedures that are current, reflective of the activities within the domain including risk management over such activities. Managers are equally responsible for ensuring that the department’s supervision of regulated activities is accurately reflected in the firm’s central supervisory procedures and disseminated within the department.
CULTURAL COMPETENCIES
Innovayte is dedicated to building an environment where each team member can thrive, contribute meaningfully, and grow professionally and personally. We believe that our core values—rooted in
respect,
empowerment,
innovation,
service,
integrity,
trust, and
accountability
are essential to achieving our mission. These values guide us in everything we do, from daily interactions to strategic decisions. We’re looking for individuals who not only share these principles but are excited to bring them to life in meaningful ways.
PHYSICAL DEMANDS/WORK ENVIRONMENT
This job operates in a professional office environment, which may include a corporate office setting or a remote/home office environment, and routinely uses standard office equipment and technology such as computers, phones, printers, and video conferencing tools. While performing the duties of this job, the associate is regularly required to communicate effectively, including speaking, hearing, and participating in virtual meetings on camera. The associate is frequently required to sit for extended periods of time, as well as occasionally stand, walk, use hands and fingers, and reach with hands and arms. This job may require the ability to lift files or office materials, open filing cabinets, and bend or stand on a stool as necessary. Remote associates are expected to maintain a safe, secure, and productive work environment with reliable internet access.
DISCLAIMER/ASSOCIATE ACKNOWLEDGEMENT
The above statements describe the general nature and level of work only. They are not an exhaustive list of all required responsibilities, duties, and skills. Other duties may be added, or this description amended at any time.
Equity Trust Company is an equal opportunity at will employer and does not discriminate against any employee or applicant for employment because of age, race, religion, color, disability, sex, sexual orientation, or national origin.
