What are the responsibilities and job description for the Director of Trade Execution Services position at Massmutual?
The Opportunity
This position is within the MML Investors Services, LLC Broker Dealer and Corporate RIA (MMLIS) on the Trading Team. The Director of Trade Execution Services will oversee the daily execution services MMLIS Trading, supervising the Trading Execution team. This role requires a deep understanding of financial markets, trading processes, and technology platforms. This individual will be responsible for managing a team, ensuring the accuracy and efficiency of trade execution, ownership of trading policies and driving continuous improvement initiatives to optimize operational workflows. This individual will work in tandem with Trading Operations to ensure firms trading activities are executed smoothly and in compliance with all relevant regulations, including trade reporting and supervisory controls.
The Team
The MMLIS Trading team is collaborative, well-synched and communicates closely to support each other. There is rapport, efficiency and humor embedded in the team with a diverse group of individuals that provide mentorship and collaboration across all levels. The team excels in agility, business acumen, communication, and leadership.
The Impact
- Lead and manage the trade execution team providing training and development opportunities
- Manage changing workloads by managing day to day load leveling and ensuring adequate cross-training.
- Maintain strong relationships with advisors and advisor practice management as well as internal stakeholders.
- Oversee execution of all trades and trade corrections. Manage trade escalations.
- Implement and maintain best practices for trade execution to minimize errors and operational risk.
- Maintain updated trading policies.
- Collaborate with technology partners to address current system enhancements and integrate new technologies in support of trading process.MM
- Produce management reporting and metrics to support decision making.
- Partner with Trade Operations, Compliance and Legal to identify and mitigate potential trading risks
- Manage relationships with external partners.
Minimum Qualifications
Preferred Qualifications
What to Expect as Part of MassMutual and the Team
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MassMutual is an Equal Employment Opportunity employer Minority / Female / Sexual Orientation / Gender Identity / Individual with Disability / Protected Veteran. We welcome all persons to apply. Note : Veterans are welcome to apply, regardless of their discharge status.
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
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