Executive Director - Credit and Custody - Stifel

Why Stifel:

Stifel strives for a culture that puts its clients and associates first: a culture where everyone belongs, everyone is welcome, and everyone contributes to the success of our clients, their careers, and the firm as a whole.

 

Let’s talk about how you can find your place here at Stifel, where success meets success.

What You'll Be Doing:

The Operations Executive Director oversees multiple functional areas and establishes the strategic direction for Operations. The Director is also responsible for ensuring appropriate leadership and structure, including personnel, workflow, functions, and processes for their areas of responsibility. The Director actively collaborates with executive leadership from around the firm to determine back office/firm initiatives while ensuring the operational components are in place to drive completion. The Credit and Custody Executive Director will be responsible for the following areas: Margin and Risk Management, Sweeps and Cash Management, Tax Reporting/Dividends, Individual Retirement Accounts & Qualified Plans, Tax Lot Accounting, Security Transfer, Account Transfer, and Shareholder Communications.

What We're Looking For:

• Establishes and develops oversight procedures and documentation to ensure department policies and procedures comply with industry standards and regulations.
• Directs, evaluates, hires, terminates, subordinate staff, as appropriate.
• Sets overall strategic direction for Operations in cooperation with other Executive Directors and Senior Management.
• Communicates Stifel's mission and oversees leadership within assigned departments.
• Coordinates with other internal Stifel departments, such as Compliance and Enterprise Risk, to ensure firm policies are followed.
• Ensures Directors have the necessary resources to fulfill new initiatives.
• Ensures appropriate career paths and training and development resources are in place and used to cultivate and improve Operations associates.
• Promotes effective communication within and outside areas of responsibility.
• Ensures consistent adherence to Corporate & Regulatory policies.
• Designs projects necessary to improve the overall efficiency of the Operations area.
• Oversees new product introduction and development.
• Interacts with internal/external auditors and regulators, as necessary.

What You'll Bring:

• Strong working knowledge and thorough understanding of industry regulations.
• Deep understanding of brokerage operations with extensive experience in the relevant subject areas.
• Ability to analyze and interpret industry rules and regulations.
• Positive leadership and teamwork skills to effectively manage projects. Ability to lead, train, and support team members to develop career progression within the department. 
• Excellent communication skills to present to internal/external business partners. 
• Ability to interact with all levels of management and externally with auditors and examiners.

Education & Experience:

• Minimum Required: Bachelor's degree or equivalent combination of education and experience.
• Minimum Required: 10+ years of experience within the financial services industry.

Licenses & Credentials:

• Minimum Required: FINRA Series 7, 63, 24 & 27.

Systems & Technology:

•  Proficient in Microsoft 365: Outlook, Word, Excel, and Access (or SQL).
•  Thorough understanding of applicable BETA functions.    #LI-AS1

About Stifel:

Stifel is more than 130 years old and still thinking like a start-up.  We are a global wealth management and investment banking firm serious about innovation and fresh ideas.  Built on a simple premise of safeguarding our clients’ money as if it were our own, coined by our namesake, Herman Stifel, our success is intimately tied to our commitment to helping families, companies, and municipalities find their own success.

 

While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations.  Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more.  Let’s talk about how you can find your place here at Stifel, where success meets success.

 

At Stifel we offer an entrepreneurial environment, comprehensive benefits package to include health, dental and vision care, 401k, wellness initiatives, life insurance, and paid time off.

 

Stifel is an Equal Opportunity Employer.