Executive Director - Treasury and Securities Finance

Responsibilities & Duties Lending and Financing Products Implement and manage lending and financing products, including Fully Paid Lending, Securities-Backed Lending, margin lending, short-sale borrow and locates, and street-side securities lendingOwn the operating model, systems configuration, controls, reporting, and governance for each productManage the lending books, including collateral eligibility and pledging, borrow and loan activity, rate and rebate setting, utilization, and exceptionsOwn product profitability, funding economics, and lending spreadsEvaluate, onboard, and manage lending platforms, funding partners, and agent banksSet policies, risk limits, eligibility criteria, and supervisory controls with Compliance and Risk Treasury, Funding and Collateral Supervise forecasting, and intraday reconciliation / funding demands by clearing entity and product line across all product typesSupervise DTC and NSCC portal activity, clearing-fund demands, collateral caps, and intraday liquidity adjustmentsOversee the NSCC required fund deposit, including VaR, mark-to-market and special charges, and obligations under the DTCC line of creditOversee daily settlement across both processing streams, CNS and Fund/SERV, including money settlement and failsManage draws and repayments under the firm’s credit facilities, including margin loan draws subject to mandatory prepayment termsDirect securities pledging to banks and clearing agencies and confirm control location treatment consistent with SEC Rule 15c3-3Maintain banking, custody, and credit facility relationships, sweep programs, NSCC liquidity reporting, and facility attestationsMaintain daily cash-position reporting and direct investment of excess cash in permissible instrumentsLead configuration and ongoing management of the customer margin book, including ledger rules, margin calculations, and regulatory outputEstablish and maintain treasury policies, procedures, controls, cash forecasting, and escalation protocols Stress Testing and Counterparty Risk Design and execute liquidity stress tests simulating peak-day strains, clearing-house cap freezes, and counterparty defaultsMaintain stressed cash-flow forecasts, early-warning indicators, liquidity limits, and escalation protocolsPresent testing results, emerging risks, and recommended actions to senior management.Monitor intraday debit and credit exposures across customers, advisers, and correspondent firms, and escalate breachesEvaluate financial condition, collateral sufficiency, and settlement risk for banking, clearing, and lending counterpartiesSupport treasury due diligence and onboarding of new correspondents and institutional counterparties Street-Side Securities Financing Build, scale, and oversee the street-side securities lending business, including counterparty strategy, operating model, and controlsNegotiate and onboard institutional counterparties under Master Securities Loan AgreementsOversee open borrow and loan positions, rebate rates, collateral, recalls, returns, fails, and net-capital haircut impacts Regulatory Reporting, Reconciliation and Controls Provide source data and operational reporting for SEC Rules 15c3-1, 15c3-3, and 17a-13 and monthly FOCUS, with final sign-off retained by the Financial and Operations PrincipalSupervise quarterly security count procedures and supporting documentation for treasury-controlled positions under SEC Rule 17a-13Assemble, review, and submit the monthly FINRA Supplemental Liquidity ScheduleMaintain daily required reconciliations across clearing systems, sub-ledgers, and the general ledger, and resolve breaksKeep Written Supervisory Procedures covering lending products, margin, treasury, and securities finance current and followedMaintain audit-ready support and respond to regulators, auditors, and senior management Leadership and Automation Supervise assigned staff, setting objectives, reviewing work, and developing capabilityServe as the senior point of contact across Finance, Operations, Product, Risk, and ComplianceDrive automation of treasury data extraction, controls, dashboards, and recurring regulatory and management reporting Miscellaneous Follows assigned work schedule with regular and predictable attendance.Performs other duties as assigned. Qualifications Bachelor’s degree in Finance, Business, Accounting, Economics, or a related field preferred7 - 10 years of progressively responsible experience across securities lending, margin, clearing operations, treasury, or securities finance at a self-clearing broker-dealerExperience implementing or managing fully paid lending, securities-backed lending, margin lending, or short-sale borrow and locatesExperience managing staff and leading cross-functional implementation in a regulated environmentExperience with NSCC and DTC settlement portals, VaR charges, collateral caps, and clearing-fund structuresWorking understanding of settlement cycles and capital impacts across mutual funds, equities, fixed income, listed options, and U.S. TreasurysStrong command of SEC Rules 15c3-1, 15c3-3, and 17a-13, FOCUS and FINRA liquidity reporting, Regulation T, and FINRA Rule 4210Demonstrated success standing up new financial operations, negotiating MSLAs, and implementing controlsSound judgment and communication skills, with the ability to work independently and interface with regulators, auditors, and counterpartiesundefined Technical Skills A core securities processing platform, including ledger mapping, margin configuration, and data extractionDTC and NSCC settlement portals, reporting, collateral, and clearing-fund functionalityCommercial banking, custody, settlement, credit-facility, and securities lending platformAdvanced Excel modeling and data analysis using SQL, Python, or comparable toolsWorkflow automation, control design, dashboard development, and regulatory reportingundefined PROFESSIONAL CERTIFICATIONS FINRA Series 27 (Financial and Operations Principal) requiredFINRA Series 99 (Operations Professional) or an equivalent qualifying registration required where the Series 27 does not satisfy the requirementFINRA Series 7, Series 24, and Series 57 considered distinct advantagesAny additional licenses must be obtained within the time frames required by FINRA, SEC rules, and firm policy CULTURAL COMPETENCIES Innovayte is dedicated to building an environment where each team member can thrive, contribute meaningfully, and grow professionally and personally. We believe that our core values—rooted in respect,empowerment,innovation,service,integrity,trust, andaccountability are essential to achieving our mission. These values guide us in everything we do, from daily interactions to strategic decisions. We’re looking for individuals who not only share these principles but are excited to bring them to life in meaningful ways. PHYSICAL DEMANDS/WORK ENVIRONMENT This job operates in a professional office environment, which may include a corporate office setting or a remote/home office environment, and routinely uses standard office equipment and technology such as computers, phones, printers, and video conferencing tools. While performing the duties of this job, the associate is regularly required to communicate effectively, including speaking, hearing, and participating in virtual meetings on camera. The associate is frequently required to sit for extended periods of time, as well as occasionally stand, walk, use hands and fingers, and reach with hands and arms. This job may require the ability to lift files or office materials, open filing cabinets, and bend or stand on a stool as necessary. Remote associates are expected to maintain a safe, secure, and productive work environment with reliable internet access. DISCLAIMER/ASSOCIATE ACKNOWLEDGEMENT The above statements describe the general nature and level of work only. They are not an exhaustive list of all required responsibilities, duties, and skills. Other duties may be added, or this description amended at any time. Equity Trust Company is an equal opportunity at will employer and does not discriminate against any employee or applicant for employment because of age, race, religion, color, disability, sex, sexual orientation, or national origin.