Brokerage Associate

Summary

Join Public, an investing platform that empowers users to build diverse portfolios, as a Brokerage Associate. You'll be a key member of the Brokerage team, responsible for crucial functions like account opening, managing funds, and executing trades. Your role will involve managing daily trading and operational processes, ensuring smooth operations while seeking opportunities for optimization. You'll also lead projects and analyses to enhance the investing experience for Public members. This position requires 1-3 years of experience in a fast-paced environment, a strong understanding of margin accounts, and knowledge of equities, options, and fixed income. You'll be a problem solver, comfortable with ambiguity and adept at identifying opportunities for improvement and automation. Series 7 and/or 63/66 licenses are essential.

Requirements

• 1-3 years experience working in a fast-paced, dynamic environment such as fintech, brokerage, sales & trading, or management consulting
• Working knowledge of margin accounts, managing margin calls
• Product knowledge related to equities, options, and fixed income
• Problem solver with the ability to make quick decisions
• Independent operator comfortable with ambiguity
• Ability to identify opportunities to improve and automate systems & processes
• Series 7 and/or 63/66

Responsibilities

• You’ll be a contributing member of the Brokerage team at Public with a focus on Trading and Operations
• The Brokerage team is responsible for many of the critical functions of Public’s business, including opening member accounts, managing money movements, and trading on behalf of Public, among many, many other things
• As part of the team, you'll help manage day-to-day trading and operational processes, ensuring everything runs smoothly while continuously looking for opportunities to optimize systems and workflows
• You'll also independently lead projects and analyses to support business growth and enhance the investing experience for all Public members
• Some responsibilities would include daily resolution of trade and allocation breaks with Public’s custodian and the street, monitoring of daily margin calls, unsecured debts, and other exception reporting, close-out trading, and the management of Public’s inventory and error accounts
• You’ll work closely with all areas of the Public Organization, including Client Experience, to resolve trading or margin issues
• You will also have the opportunity to work cross-functionally within Brokerage to support the Onboarding and Risk functions

Preferred Qualifications

• Financial services experience
• Public markets investing & experience  on or supporting a trading desk
• Experience with Apex Clearing
• Corporate Actions experience a plus
• Experience and fluency with using Looker (or interest in learning)
• Series 4, 57, and/or 24 (or other FINRA certifications)
• Active Public.com Member