Prime Brokerage Manager at Wedbush Securities
Los Angeles, CA 90079
About the Job
Job DescriptionWedbush Securities is one of the largest securities firms andinvestment banks in the nation
We provide innovative financialsolutions through our Wealth Management, Capital Markets, Futures andAdvanced Clearing & Prime Services divisions
Headquartered in LosAngeles, California with over 100 offices and more than 70correspondent offices, our commitment to providing relentless,customized service is the foundation of our consistent growth
OurPrime Brokerage department has an immediate opening for a Manager tofurther grow our Prime Brokerage department
Our entrepreneurialculture will allow for tremendous autonomy that affords you theopportunity to develop and grow the business.Responsibilities include, but are not limited to:Source and manage prospective clientsRecruit, train, and supervise Sales ColleaguesSupervise Prime Broker activities and resolve issues as they ariseDevelop, nurture, and cultivate existing client relationsDevelop a personal style which supplements our current offeringsGrow revenue through cross selling initiatives (i.e
research,trading, etc.)Meet with industry vendors (fund administrators, accountants,etc.) and establish referral networkHelp brand Wedbush Prime in the investment communityPerform other tasks and duties as required and assignedExperience and SkillsBachelor's Degree from an accredited university, preferably inBusiness, Finance, or related fieldFINRA Series 7, 63 or 66, 57, 9/10 or equivalent5+ years of Securities Industry experience3+ years of Prime Brokerage experience, preferably in management roleStrong communication and interpersonal skillsHighly organized with ability to multitaskAbility to work effectively and independently under supervisionand tight deadlinesMust be free thinker, self-starter, and comfortable in a team environmentWhat We OfferAs part of our overall compensation package, Wedbush Securitiesoffers an array of diverse benefits to all our colleagues
We believethat providing competitive benefit options yields the advantageousreward of establishing a healthy and inclusive foundational work culture.Comprehensive medical, dental, and vision coverage with multiplehealth plan options for you and your familyHealth Savings Account with company-sponsored contributionsFlexible Spending Accounts (FSA) traditional and dependent care Pre-Tax Commuter Benefits401(k) plan with discretionary, competitive company matching andprofit-sharing contributionsTuition reimbursement up to $5,250/year3 weeks of Paid Time Off2 weeks of Paid Sick Time (may vary by location)10 Paid HolidaysCharitable Donation Matching ContributionsPaid Leave (Military, Jury Duty, Volunteer Time Off, Disability, etc.)FINRA License SponsorshipTravel & Employee Assistance and Employee Discount ProgramsThe reasonable estimate of the compensation range for this role hasnot been adjusted for the applicable geographic location
A reasonableestimate of the current annual range is $140,000-$260,000. Colleaguesmay be eligible for additional, discretionary incentive compensationbased on the individual and the firm's performance
At Wedbush, it isnot typical for an individual to be hired at, or near, the top of therange for their role
Decisions regarding compensation are determinedon a case-by-case basis and are dependent on a variety of factorsincluding but not limited to skill sets; experience and training;licensure and certifications; and other business and organizational needs.Wedbush Securities (WS) is proud to be an Equal EmploymentOpportunity employer. WS does not discriminate based on race,religion, color, creed, sex, sexual orientation, gender, genderidentity or expression, national origin, ancestry, citizenship status,registered domestic partner status, uniform service member status,marital status, pregnancy, age, medical condition, disability, geneticinformation, family care or medical leave status, or any otherconsideration made unlawful by applicable federal, state, or locallaws, or on the basis that an applicant or Colleague is perceived tohave these characteristics or is associated with someone who isperceived to have these characteristics. WS aims to foster a cultureof inclusion where all Colleagues are valued for their uniquecontributions to the firm as well as provided equal opportunities to succeed.Wedbush uses E-Verify, an Internet-based system, to confirm theeligibility of all newly hired employees to work in the United States.Learn more about E-Verify, including your rights and responsibilitieshere Job Tracking ID: 512079-840981Job Location: Los Angeles, CAJob Level: ManagementLevel of Education: BA/BSJob Type: Full-Time/RegularDate Updated: 08/14/2023Years of Experience: 5 - 7 YearsStarting Date: ASAP
We provide innovative financialsolutions through our Wealth Management, Capital Markets, Futures andAdvanced Clearing & Prime Services divisions
Headquartered in LosAngeles, California with over 100 offices and more than 70correspondent offices, our commitment to providing relentless,customized service is the foundation of our consistent growth
OurPrime Brokerage department has an immediate opening for a Manager tofurther grow our Prime Brokerage department
Our entrepreneurialculture will allow for tremendous autonomy that affords you theopportunity to develop and grow the business.Responsibilities include, but are not limited to:Source and manage prospective clientsRecruit, train, and supervise Sales ColleaguesSupervise Prime Broker activities and resolve issues as they ariseDevelop, nurture, and cultivate existing client relationsDevelop a personal style which supplements our current offeringsGrow revenue through cross selling initiatives (i.e
research,trading, etc.)Meet with industry vendors (fund administrators, accountants,etc.) and establish referral networkHelp brand Wedbush Prime in the investment communityPerform other tasks and duties as required and assignedExperience and SkillsBachelor's Degree from an accredited university, preferably inBusiness, Finance, or related fieldFINRA Series 7, 63 or 66, 57, 9/10 or equivalent5+ years of Securities Industry experience3+ years of Prime Brokerage experience, preferably in management roleStrong communication and interpersonal skillsHighly organized with ability to multitaskAbility to work effectively and independently under supervisionand tight deadlinesMust be free thinker, self-starter, and comfortable in a team environmentWhat We OfferAs part of our overall compensation package, Wedbush Securitiesoffers an array of diverse benefits to all our colleagues
We believethat providing competitive benefit options yields the advantageousreward of establishing a healthy and inclusive foundational work culture.Comprehensive medical, dental, and vision coverage with multiplehealth plan options for you and your familyHealth Savings Account with company-sponsored contributionsFlexible Spending Accounts (FSA) traditional and dependent care Pre-Tax Commuter Benefits401(k) plan with discretionary, competitive company matching andprofit-sharing contributionsTuition reimbursement up to $5,250/year3 weeks of Paid Time Off2 weeks of Paid Sick Time (may vary by location)10 Paid HolidaysCharitable Donation Matching ContributionsPaid Leave (Military, Jury Duty, Volunteer Time Off, Disability, etc.)FINRA License SponsorshipTravel & Employee Assistance and Employee Discount ProgramsThe reasonable estimate of the compensation range for this role hasnot been adjusted for the applicable geographic location
A reasonableestimate of the current annual range is $140,000-$260,000. Colleaguesmay be eligible for additional, discretionary incentive compensationbased on the individual and the firm's performance
At Wedbush, it isnot typical for an individual to be hired at, or near, the top of therange for their role
Decisions regarding compensation are determinedon a case-by-case basis and are dependent on a variety of factorsincluding but not limited to skill sets; experience and training;licensure and certifications; and other business and organizational needs.Wedbush Securities (WS) is proud to be an Equal EmploymentOpportunity employer. WS does not discriminate based on race,religion, color, creed, sex, sexual orientation, gender, genderidentity or expression, national origin, ancestry, citizenship status,registered domestic partner status, uniform service member status,marital status, pregnancy, age, medical condition, disability, geneticinformation, family care or medical leave status, or any otherconsideration made unlawful by applicable federal, state, or locallaws, or on the basis that an applicant or Colleague is perceived tohave these characteristics or is associated with someone who isperceived to have these characteristics. WS aims to foster a cultureof inclusion where all Colleagues are valued for their uniquecontributions to the firm as well as provided equal opportunities to succeed.Wedbush uses E-Verify, an Internet-based system, to confirm theeligibility of all newly hired employees to work in the United States.Learn more about E-Verify, including your rights and responsibilitieshere Job Tracking ID: 512079-840981Job Location: Los Angeles, CAJob Level: ManagementLevel of Education: BA/BSJob Type: Full-Time/RegularDate Updated: 08/14/2023Years of Experience: 5 - 7 YearsStarting Date: ASAP
