US
Freetrade is a challenger stockbroker. We are creating a beautiful investing app to trade real shares, with zero commissions or fees, using only a smartphone.
We are a small team with big plans. Our goal is to make investing in the stock market easy and affordable for everyone, everywhere.
Were getting ready to disrupt the £1.2 trillion UK retail investments market and thats just the beginning. We’re looking for exceptional individuals that are excited about building something that matters in people’s lives.
YOU
You are smart, self-starting and ready to make an immediate impact. You are experienced working in the operations at a retail stockbroker or institutional broker-dealer and know things could be done better. You love technology and are excited about building a new stockbroker from scratch in 2017.
Youre our new back office hero!
THE ROLE
As Brokerage Operations Manager you will:
- Ensure all brokerage financial control and regulatory procedures are adhered to and documented
- Work closely with the Engineering team and the Design team to continuously improve and further automate our brokerage platform
- Process settlement functions and analyse settlement activity
- Maintain the stock record and perform reconciliations and investigate breaks as necessary
- Process income activities including cash dividends, return of capital, and any other income event
- Process corporate actions including stock splits, mergers, asset ID change, and any other corporate action
- Monitor and reconcile trade and transaction reporting in compliance with the latest regulatory requirements, eg MiFID II
- Process and monitor foreign exchange conversions and transfers
- Reconcile all functions within the entire Brokerage Operation including reconciling cash and securities in every account against assets at good control locations and banks to insure possession and control in accordance with regulatory requirements
- 5+ years working in a broker-dealer operation, ideally a UK retail stockbroker
- Bachelor’s Degree or equivalent work experience
- CISI Investment Operations Certificate, or ability to obtain within 6 months
- Strong understanding of brokerage operation functions and capital markets
- Self-starter with ability to work independently
- Good communication and analytical skills
- Ability to effectively manage multiple priorities and adapt to a changing environment
- A competitive salary for the role (£30k - £60k dependent on experience)
- Own a piece of what youre building through employee stock options
- Opportunity to advance quickly at a fast growing startup
- Flexible working arrangements (HQ in Soho)
- The latest hardware, eg iPhone X, MacBook Pro
- Employee pension plan, Perkbox subscription, cycle to work scheme and more
We have 1,000+ investors and nearly 20,000 on a waiting list without any marketing spend - people already really, really want Freetrade!
All applicants must be eligible to work in the UK.
**NO AGENCIES PLEASE**