Job Description

Title: Chief Operating Officer

Location: Chicago, IL Hybrid

About the Company

A dually registered self-clearing broker-dealer and Futures Commission Merchant (FCM), regulated by the SEC, FINRA, and CFTC.

Position Overview

The COO will lead operations across Broker/Dealer, FCM, Trade Execution, Fixed Income, and Securities Lending. This executive will drive strategic initiatives, oversee regulatory compliance, and lead cross-functional teams to ensure operational excellence and scalability.

Key Responsibilities

Strategic & Operational Leadership

• Develop and execute operations strategy aligned with corporate goals


• Lead process optimization and technology integration initiatives


• Define and track KPIs to measure operational performance


• Collaborate with leadership to enhance client service and support business growth

Team & Organizational Development

• Lead and mentor heads of operational teams


• Promote a culture of accountability, collaboration, and continuous improvement


• Drive standardization and change management efforts

Operational Oversight & Risk Management

• Manage daily clearing, settlement, trading, and custody functions


• Implement risk controls and improve efficiency through automation


• Ensure regulatory compliance with SEC, FINRA, CFTC, and OCC requirements

Project & Vendor Management

• Lead large-scale projects including system upgrades and new product launches


• Oversee vendor relationships and tech partnerships

Qualifications

Experience & Education

• 10+ years in financial services operations, including self-clearing broker-dealer and FCM


• 5+ years in senior leadership roles with multi-functional oversight


• Proven track record managing 15+ team members


• Bachelors in Finance, Business, or related field (MBA preferred)

Certifications & Skills

• Series 7 and 24 required; Series 4 preferred


• In-depth knowledge of regulatory frameworks and compliance practices


• Experience with regulatory exams, audits, and compliance programs

Preferred

• Background in equity options, fixed income, or operational technology


• Experience with business expansions, M&A, or digital transformation


• Certifications like PMP, FRM, or related

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