
at BGC Partners
OtherPosted 5 days ago
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**Duties: AVP, Prime Brokerage Middle Office** drives daily operations, ensuring smooth client servicing, trade support, and settlements. Liberty to manage client inquiries, monitor trade activity, and resolve issues swiftly. Synthesizes data, identifies risks, and enhances efficiency. Collaborates cross-functionally with Front Office, Risk, Finance, and Technology teams. **Demands:** 5+ years in Prime Brokerage or Capital Markets. Expertise in Equity & Fixed Income products, strong analytical skills, and proficiency in Excel. **Perks:** Join Cantor Fitzgerald, premiere global financial services firm.
- Compensation
- Not specified USD
- City
- Jacksonville
- Country
- United States
Currency: $ (USD)
Full Job Description
Location: Jacksonville, FL, United States
The AVP will play a vital role in ensuring the smooth functioning of Prime Brokerage activities, acting as a client-centric operational expert. They will oversee daily client servicing, trade support, and settlements, collaborating closely with Front Office, Operations, Risk, Finance, and Technology teams. This role demands a strong understanding of Equity and Fixed Income products, along with exceptional communication and problem-solving skills.Responsibilities
- Serve as the primary point of contact for client operational inquiries, ensuring timely and accurate responses.
- Expertly manage trade support functions, including trade capture, allocations, and settlement issue resolution for Equity and Fixed Income products.
- Monitor client trade activity, cash movements, financing balances, and settlement obligations on a daily basis.
- Coordinate with internal teams to resolve trade breaks, fails, and reconciliation discrepancies efficiently.
- Review and oversee the completion of daily operational controls, processes, and reporting requirements.
- Support the onboarding and maintenance of Prime Brokerage client accounts, ensuring all documentation is in order.
- Partner with Risk and Finance teams to monitor exposure, financing activity, and operational risk, providing valuable insights.
- Drive process improvement initiatives, automation, and operational scalability to enhance efficiency.
- Escalate operational, settlement, and control issues promptly, ensuring effective resolution.
- Participate in strategic projects, system testing, and business initiatives, contributing to the overall success of the Prime Brokerage team.
Qualifications
- Bachelor's degree in Finance, Accounting, Economics, or a related field is required.
- A minimum of 5 years of experience in Prime Brokerage, Middle Office, Operations, or Capital Markets support is essential.
- In-depth knowledge of Equity and Fixed Income products, along with Prime Brokerage operations, is a must.
- Understanding of financing concepts, settlements, and broker-dealer operations is crucial.
- Excellent analytical and problem-solving skills, with a keen eye for detail, are necessary.
- Strong verbal and written communication skills, enabling effective interaction across business lines.
- Ability to manage multiple priorities in a fast-paced environment, while maintaining a client-centric focus.
- Proven track record of working independently, yet contributing to a collaborative team environment.
- Proficiency in Microsoft Excel and operational support systems is preferred.
- Prior experience supporting hedge fund or institutional Prime Brokerage clients is an advantage.




