Search jobs > Chicago, IL > Operation manager

Retail SMA Operations Manager

Guggenheim Partners
Chicago, IL, US
$112.5K-$125K a year
Full-time

Position Summary

The Manager of Retail Separately Managed Account (SMA) Operations will manage and develop a team who will support the oversight of outsourced operational functions and resolving issues.

You will create and design comprehensive operational workflows to support the fixed income SMA business - which includes new account oversight, order placement, trades execution and allocation.

The role involves working closely with Trading Desks, Portfolio Management, Compliance, Client Service and other Operations groups to ensure timely and accurate informational flow.

This position can be based in our Chicago or New York City office.

Essential Job Functions

  • Lead and implement onboarding sponsor platforms and an outsourced service provider with the firm’s trade execution platform, BlackRock Solutions Aladdin.
  • Develop and manage a team to support the oversight of outsourced operational functions.
  • Engage with internal partners to develop and expand the business.
  • Drive the strategic vision within Operations to support the addition of new strategies and sponsors while implementing processes to efficiently, through scale, absorb increased volume.
  • Document procedures and controls as well as Key Process Indicators tracking the performance of relevant parties and risk elements.

Preferred Qualifications

  • Strong operational background within asset Management, particularly wealth management and retail separately managed account platforms.
  • Thorough understanding of fixed income securities, including corporate bonds, MBS, Municipals, structured products, as well as retail mutual funds.
  • Experience building and documenting procedures and controls around a functional operational workflow.
  • Demonstrated ability to create, develop and lead an operational team and drive change effectively within an organization.
  • Collaboration and communication skills to interact effectively both internally and externally across all levels.

Basic Qualifications

  • Undergraduate degree
  • 10 + years of overall Operations experience / Transition Operation / fixed income and / or middle office experience (account onboarding, order placement, trade execution and settlement, and
  • 3+ years of people management experience
  • Excel proficiency and use of the Microsoft Office suite
  • Blackrock Aladdin software experience

Salary Details

Annual base salary between $112,500 and $125,000.

The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience.

The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.

Currently, this role is expected to be in the New York or Chicago office at least 4 days per week.

30+ days ago
Related jobs
Promoted
VirtualVocations
Chicago, Illinois

A company is looking for a Program Manager in Redmond, WA for a full remote IT project. ...

Promoted
Starbucks
Chicago, Illinois

Operations Manager, Experiential Bar — Siren Retail, Chicago Market. As an operations manager of our Experiential Coffee bar (XBAR), you will lead a team of partners responsible for showcasing Roastery & Reserve craft and coffee expertise. Sets clear expectations, delegates and communicates key ...

Promoted
Neiman Marcus
Chicago, Illinois

As Senior Manager of Retail Performance and Store Operations, you will manage resources and uphold operational performance to support and maximize sales and profitability. You will work on-site in the assigned store and will report to the Store General Manager. Oversee the daily exception of all sto...

Promoted
Starbucks
Chicago, Illinois

Now brewing: operations manager — Chicago Roastery - Princi Culinary Operations Zone. The operations manager is required to regularly exercise discretion in managing the overall experience in their zone and store. This operations manager will be responsible for leading our. The operations manager is...

Promoted
Neiman Marcus Group
Chicago, Illinois

As Senior Manager of Retail Performance and Store Operations, you will manage resources and uphold operational performance to support and maximize sales and profitability. You will work on-site in the assigned store and will report to the Store General Manager. Oversee the daily execution of all sto...

Promoted
Uber
Chicago, Illinois

Senior Strategic Operations Manager, Business Intelligence - Grocery & Retail. Uber Eats is looking for a Strategic Operations Senior Manager to manage the business intelligence for Grocery & Retail within our Uber Eats feed. This operations role calls for a combination of creative problem-s...

Guggenheim Partners
Chicago, Illinois

The Manager of Retail Separately Managed Account (SMA) Operations will manage and develop a team who will support the oversight of outsourced operational functions and resolving issues. You will create and design comprehensive operational workflows to support the fixed income SMA business - which in...

CVS Health
Chicago, Illinois

The Manager, Portfolio Optimization will play a critical role in managing the Retail Operations Portfolio, owning the governance and guiding the strategic planning of $250M+ of capital and operating budgets to support day-to-day operations, as well as transformation across the retail portfolio for C...

Promoted
Fifth Third Bank
Rosemont, Illinois

The Audit Project Manager I conducts end-to-end business process audits for various business/functional areas within the Bank. Audit Project Manager - Consumer Bank. Team members should maintain or be willing to actively work to pursue the Certified Internal Auditor (CIA), Certified Regulatory Compl...

Promoted
Gilbane Building Company
Chicago, Illinois

Are you looking for a highly rewarding opportunity that provides extensive career growth opportunity? Gilbane is seeking a Project Safety Manager to administer the safety program and serves as safety advisor, ensuring safety compliance by the project team and all employees and subcontractors working...