Wedbush Securities is one of the largest securities firms and investment banks in the nation. We provide innovative financial solutions through our Wealth Management Capital Markets Futures and Advanced Clearing & Prime Services divisions. Headquartered in Los Angeles, California, with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth.
The Senior Vice President, Treasury, oversees all treasury operations across multiple corporate entities and broker-dealers. This role manages the firms financing and investing activities, maintains strong banking relationships, ensures optimal liquidity, and requires deep broker-dealer regulatory knowledge, including 15c3-3. The SVP will lead treasury strategy, cash operations, and funding activities while ensuring compliance and operational excellence.
Responsibilities include but are not limited to:
• Manage treasury operations across the firm, including liquidity management, cash positioning, and capital planning activities. • Oversee daily settlements and central clearing counterparty margin requirements for the clearing broker-dealer, including NSCC, OCC, FICC, and DTC. • Execute short-term and long-term financing and investing activities within established risk parameters. • Ensure compliance with 15c3-3 funding regulations, including reserve computations and customer protection standards. • Lead treasury operations for multiple entities and broker-dealers, maintaining strong controls and regulatory adherence. • Manage corporate cash balances and money movement activities, including funding for Accounts Payable, Payroll, and other disbursement accounts. • Maintain and negotiate banking and counterparty relationships, including services, credit facilities, and pricing. • Develop, implement, and maintain treasury policies and procedures to support operational efficiency and internal controls. • Provide analysis and recommendations to senior leadership regarding liquidity, capital usage, and financial risk. • Perform other tasks and duties as assigned.
Bachelors degree in Finance, Accounting, Business, or related field; advanced credentials such as MBA or CTP are a plus. FINRA Series 7, 99, or relevant principal license is required. 10-15 years of treasury or financial operations experience within financial services is also required. A solid understanding of 15c3-3 and broker-dealer regulatory requirements is essential. Experience supporting treasury functions across multiple entities or business units is also preferred.
Strong background in corporate cash management, liquidity, and money movement operations is required. Proven ability to build and maintain effective banking and counterparty relationships is also essential. Strong communication skills with the ability to collaborate across teams and levels is required. Highly organized with the ability to manage multiple priorities in a fast-paced environment is also necessary.
Strong analytical skills and sound strategic judgment are also required. As part of our overall compensation package, Wedbush Securities offers an array of diverse benefits to all our colleagues. We believe that providing competitive benefit options yields the advantageous reward of establishing a healthy and inclusive foundational work culture.
Comprehensive medical, dental, and vision coverage with multiple health plan options for you and your family. Health Savings Account with company-sponsored contributions. Flexible Spending Accounts (FSA) - traditional and dependent care. Pre-Tax Commuter Benefits. 401k plan with discretionary, competitive company matching and profit-sharing contributions. Tuition reimbursement up to $5,250 per year. 3 weeks of Paid Time Off. 2 weeks of Paid Sick Time (may vary by location). 10 Paid Holidays. Charitable Donation Matching Contributions. Paid Leave - Parental Bonding, Military Jury Duty, Volunteer Time Off, Disability, etc.
FINRA License Sponsorship. Travel & Employee Assistance and Employee Discount Programs.
The reasonable estimate of the compensation range for this role has not been adjusted for the applicable geographic location. A reasonable estimate of the current range is $190,000 to $250,000. Colleagues may be eligible for additional discretionary incentive compensation based on the colleagues and the firms performance. Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors, including but not limited to skill sets, experience, and training.
Wedbush Securities WS is proud to be an Equal Employment Opportunity employer. WS does not discriminate based on race, religion, color, creed, sex, sexual orientation, gender, gender identity, or expression, national origin, ancestry, citizenship status, registered domestic partner status, uniform service member status, marital status, pregnancy, age, medical condition, disability, genetic information, family care, or medical leave status, or any other consideration made unlawful by applicable federal, state, or local laws, or on the basis that an applicant or colleague is perceived to have these characteristics or is associated with someone who is perceived to have these characteristics. WS aims to foster a culture of inclusion where all colleagues are valued for their unique contributions to the firm, as well as provided equal opportunities to succeed.
Wedbush uses E-Verify, an Internet-based system, to confirm the eligibility of all newly hired employees to work in the United States. Learn more about E-Verify, including your rights and responsibilities, here: https://www.e-verify.gov/employee-se-verify-overview.
This position is subject to various laws or regulations that impose restrictions or prohibitions for employment with Wedbush due to criminal history. Those laws or regulations include but are not limited to the following: Securities Exchange Act of 1934, SEA Rule 17a-3 et seq., Financial Industry Regulatory Authority (FINRA) Rules 3110e, Rule 4530a, etc., and FINRA Regulatory Notice 07-55.