Wedbush Securities is one of the largest securities firms andinvestment banks in the nation. We provide innovative financialsolutions through our Wealth Management, Capital Markets, Futures andAdvanced Clearing & Prime Services divisions. Headquartered in LosAngeles, California with over 100 offices and more than 80correspondent offices, our commitment to providing relentless,customized service is the foundation of our consistent growth.
The Treasurer provides enterprise-wide leadership and strategicdirection for all treasury functions across multiple corporateentities. This position drives the vision, governance, and performanceof the treasury organization, ensuring resilience, efficiency, andoperational excellence across all treasury activities.
Responsibilities include, but are not limited to:
Oversee firmwide treasury operations including liquiditymanagement, cash positioning and capital planning
Manage daily settlements and central clearing counterparty marginrequirements for clearing broker dealer, including NSCC, OCC, FICCand DTC
Direct short-term and long-term financing and investing activitieswithin firm risk parameters
Ensure compliance with 15c3-3 funding regulations, includingreserve requirements and customer protection standards
Lead treasury operations for multiple entities and broker dealers,ensuring proper controls and regulatory adherence
Manage corporate cash balances and money movements, includingfunding for Accounts Payable, Payroll and other disbursement accounts
Maintain and negotiate banking and counterparty relationships,including services, credit facilities and pricing
Develop and maintain treasury policies and procedures, drivingefficiency and strong internal controls
Provide strategic insights to senior leadership regardingliquidity, capital usage and financial risk
Requires up to 20% travel to maintain banking relationships andoversee multi-entity operations
Perform other tasks and duties as required and assigned
Experience and Skills
Bachelor’s Degree from an accredited university, preferably inFinance, Accounting, Business or related field; MBA or CTP preferred
FINRA Series 7, 99, or principal license required
10-15+ years of progressive treasury experience in financial services
Strong understanding of 15c3-3 and broker dealer regulatory requirements
Expertise in corporate cash management, liquidity and moneymovement operations
Experience overseeing treasury functions for multi-entity organizations
Strong negotiation and relationship-building skills with banks andfinancial partners
Excellent communication and presentation skills with the abilityto communicate effectively across various departments and levels ofthe organization
Highly organized and able to multi-task and manage multipleprojects and competing priorities without sacrificing accuracy or efficiency
Exceptional analytical capability paired with strong strategicdecision-making skills
What We Offer
As part of our overall compensation package, Wedbush Securitiesoffers an array of diverse benefits to all our colleagues. We believethat providing competitive benefit options yields the advantageousreward of establishing a healthy and inclusive foundational work culture.
Comprehensive medical, dental, and vision coverage with multiplehealth plan options for you and your family
Health Savings Account with company-sponsored contributions
Flexible Spending Accounts (FSA) traditional and dependent care
401(k) plan with discretionary, competitive company matching andprofit-sharing contributions
Tuition reimbursement up to $5,250/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 TimeOff, Disability, etc.)
FINRA License Sponsorship
Travel & Employee Assistance and Employee Discount Programs
The reasonable estimate of the compensation range for this role hasnot been adjusted for the applicable geographic location. A reasonableestimate of the current range is $225,000 to $300,000. Colleagues maybe eligible for additional, discretionary incentive compensation basedon the colleague's and the firm's performance. Decisions regardingcompensation are determined on a case-by-case basis and are dependenton a variety of factors including but not limited to skill sets;experience and training; licensure and certifications; and otherbusiness and organizational needs.
Wedbush Securities (WS) is proud to be an Equal EmploymentOpportunity employer. WS does not discriminate based on race,religion, color, creed, sex, sexual orientation, gender, genderidentity or expression, national origin, ancestry, citizenship status,registered domestic partner status, uniform service member status,marital status, pregnancy, age, medical condition, disability, geneticinformation, family care or medical leave status, or any otherconsideration made unlawful by applicable federal, state, or locallaws, or on the basis that an applicant or Colleague is perceived tohave these characteristics or is associated with someone who isperceived to have these characteristics. WS aims to foster a cultureof inclusion where all Colleagues are valued for their uniquecontributions to the firm as well as provided equal opportunities to succeed.
Wedbush uses E-Verify, an Internet-based system, to confirm theeligibility of all newly hired employees to work in the United States.Learn more about E-Verify, including your rights and responsibilitieshere
This position is subject to various laws or regulations that imposerestrictions or prohibitions for employment with Wedbush due tocriminal history. Those laws or regulations include but are notlimited to, the following: Securities Exchange Act of 1934 (SEA) Rule17a-3, et. seq,, Financial Industry Regulatory Authority (FINRA) Rules3110(e), Rule 4530(a), etc., and FINRA Regulatory Notice 07-55.
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