Operations Control Associate

$60,000 - $120,000/Yr

Td Securities USA - New York, NY

Full-time - Mid Level

New York, NY

5,001-10,000 employees

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

The Operations Control Associate will join the buy in/reg sho team, focusing on the lifecycle of Buy-Ins and REG SHO 204 processes. This role requires a strong understanding of associated rules and regulations, particularly within the DTCC platform and Smart Tracks Buy-In processing. The position is hybrid, based in either Lake Mary, Florida or New York City, and involves managing high-volume operations while ensuring compliance and effective communication with internal and external stakeholders.

Responsibilities

• Manage REG SHO 204 Buy-In obligations for long and short positions.
• Notify Securities Finance of short coverage to mitigate risk exposure and potential penalties.
• Maintain and monitor high volume fail to receive aged items and deficit requirements.
• Interact with internal and external counterparts to manage day-to-day activities.
• Arrange pair offs, frozen letter movements, or round robins with contra brokers.
• Handle FINRA firm extensions.

Requirements

• Bachelor's degree and a minimum of 10 years' experience in a related field.
• Strong organizational skills and ability to work under pressure in a fast-paced environment.
• High computer literacy and proficiency in Microsoft Excel.
• Excellent written and verbal communication skills.
• Strong attention to detail and client service orientation.
• Self-motivated with an active approach to problem solving.

Nice-to-haves

• Knowledge of Broadridge BPS systems is a strong plus.

Benefits

• Base salary and variable compensation/incentive awards.
• Health and well-being benefits.
• Savings and retirement programs.
• Paid time off including Vacation PTO, Flex PTO, and Holiday PTO.
• Banking benefits and discounts.
• Career development opportunities.
• Reward and recognition programs.