We Insure · 4 hours ago
Sr Dir, Operations - Settlements and Purchase & Sale
Dallas, TX
Full-time
Hybrid
Director/Executive
$200K/yr - $250K/yr
12+ years expApex Fintech Solutions is a technology-driven company that simplifies access to financial markets. They are seeking a Director of Operations for Settlements and Purchase & Sale to lead post-trade operations, focusing on strategic vision, compliance, and team development.
Insurance
Responsibilities
Define and execute a multi-year settlements/P&S strategy aligned to growth, automation, and STP; lead make-vs-buy decisions, vendor selection, and investment cases
Oversee daily settlement across equities, fixed income, derivatives, and alternatives; manage affirmations/allocations/confirmations; minimize fails and aged exposures; resolve breaks/exceptions; direct DTC, NSCC, Fedwire, OCC activities
Lead options clearing/settlement, exercises/assignments, expiration management and pin risk; position reconciliation, margin, collateral; corporate action adjustments and deliverables; complex strategies (spreads, combos, multi-leg); primary liaison to OCC on operations, risk, technology; manage trade matching, allocation, and give-ups
Ensure accurate booking, allocation, and pricing; produce client confirmations/statements; oversee street-side matching/comparison; commissions, options premium and fee processing, billing; corporate actions (dividends, interest, reorganizations, spin‑offs, proxy); special deliverables
Implement robust controls for operational/credit/settlement risk (with options focus); ensure compliance with SEC, FINRA, OCC, DTC rules including Reg SHO and Rule 15c3‑3; lead audits; maintain policies, procedures, and DR plans; monitor exercise/assignment exposures
Enhance settlement systems and OCC connectivity; increase automation/STP; evaluate and implement vendor solutions; lead system upgrades/integrations; use analytics to surface trends, risks, and opportunities
Hire, mentor, and grow a high‑performing team; build structured learning paths and training on options/OCC and complex scenarios; establish KPIs/SLAs; manage staffing and workflows; drive a culture of excellence, accuracy, and continuous improvement; succession planning and cross‑functional resilience
Primary contact for OCC, DTC, NSCC, custodians, primes, and clearing firms; partner with front/middle office, compliance, finance, and client service; communicate issues and initiatives to senior stakeholders; represent Apex at industry forums and OCC member meetings
Qualification
Required
Bachelor's in Finance, Business, Accounting, or related field (or equivalent work experience) required
12+ years in settlements/P&S/post‑trade operations/multi‑asset experience
5+ years in senior leadership with proven strategic planning and transformation
FINRA Series 7 and 24 licenses required (or willingness to obtain)
Experience in broker‑dealer, prop trading, market maker, or institutional AM with significant options activity
Track record building high‑performing teams and delivering training
Strong analytical, problem‑solving, decision‑making, and communication skills
Familiarity with OCC systems (e.g., ENCORE)
Familiarity with options margin methodology and risk calculations
Deep knowledge of securities settlement and clearance (DTC, NSCC, Fedwire, OCC) and industry standards
Deep knowledge of listed options processing and OCC clearing
Comprehensive regulatory expertise (SEC Rule 15c3‑3, Reg SHO, FINRA, OCC)
Ability to train and develop others
Strategic vision with operational rigor; accuracy under pressure (especially expirations)
Collaborative, change‑ready, ethical, and focused on continuous improvement
Preferred
Experience with large‑scale project management/implementations
Knowledge of OMS/EMS, options trading platforms, settlement systems, and reconciliation tools
Benefits
Healthcare benefits (medical, dental and vision, EAP)
Competitive PTO
401k match
Parental leave
HSA contribution match
Paid subscription to the Calm app
Generous external learning and tuition reimbursement benefits
Hybrid work schedule
Company
We Insure
We Insure is passionate at being the very best independent agency solution.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Michael Weinberg
Managing Partner
Company data provided by crunchbase