-Approve new accounts and RFQ’s, including conducting vendor due diligence.
-Renew and maintain WSP’s, and communicate changes.
-Review agent licensing and activity, including communications with clients, and state registrations.
-Supervise onboarding of accounts along with establishing required credit lines.
-Supervise 4210 regulatory requirements.
-Oversee NDA’s and other legal considerations, working with attorneys as needed.
-The ideal candidate can anticipate growth opportunities, especially responsibility in conjunction with operations. This can also include broader company oversight duties, including forming and maintaining CRM workflows, technology, and cybersecurity systems, etc.
-5-10+ years of experience in financial services regulatory related work, preferably at a broker-dealer.
-Current Series 7, 24, and 63. Able to complete other as needed, such as 3, 34, 27, and 53.
-JD a considerable plus, but not required.
-Familiar with US and state securities laws and regulations.
-Experience in providing firm-wide advice and support on regulatory updates and changes.
-Role-qualified veteran and diversity candidates strongly encouraged to apply, aligning with our diversity culture.
Job Type: Full-time
Work location/conditions: This is an onsite role in the Newport Beach, CA headquarters. Work will be stationary at a desk and computer for a majority of the day in air-conditioned space. Individual and company COVID precautions are to be taken in line with industry practices.
Pay: Competitive Annual salary commensurate with experience.
Benefits: Generous paid vacation and sick time. 11 paid holidays per year. 401(k); Medical (Health, Dental, Vision) and Life insurance; Flexible Spending Account. EOC.
Established in 1994, Mischler Financial Group, Inc. is a boutique investment bank, conflict-free institutional brokerage, and FINRA’s oldest diversity-certified broker-dealer owned and operated by Service-Disabled-Veterans. Mischler maintains offices in 8 major cities and is staffed by more than 60+ securities industry veterans and
is recognized for its role(s) operating across the primary and secondary financial market ecosystem. Within primary debt and equity capital markets, Mischler is viewed by Fortune issuers and their lead underwriters as “a pure complement” to the role played by respective lead IBs and for advancing corporate D&I initiatives.
Through the firm’s joint strike force alliance with GTS Securities, GTS-Mischler Capital provides a high-touch high-tech secondary market execution platform that serves corporate treasurers who seek a holistic approach to share repurchase and wholesale market FX execution. The industry’s most demanding investment managers rely on the firm to secure truly better execution across US equities, ETFs, and a full array of fixed Income and rates products. Mischler is also an active underwriter of state and municipal securities and provides cash management for government entities and corporations, and asset management programs for liquid and alternative investment strategies.
Established in 1994, Mischler Financial Group is the securities industry’s oldest minority broker-dealer that is owned and operated by service-disabled-veterans (“SDVs”). Our core competencies include investment banking services for primary debt and equity capital market transactions and better execution for institutional clients focused on domestic and international equities, corporate share repurchase (10b-18), fixed income products and rates trading. We also provide ESG-centric cash management solutions for corporations and asset managers.
Our formation was inspired by thought-leaders from CalPERS and CalSTRS, the world’s 2 largest public pension funds. It was their vision that we all have an obligation to recognize the sacrifices made by those injured while serving in the military and to ensure that those who have served in the line of duty and seek to transition to the financial industry be provided the same opportunities afforded to other certified diversity firms operating within the financial services sector.
That original “wind-in-the sail” for our firm was also intended to influence social contract pacts and help further Diversity & Inclusion goals embraced by public plan sponsors, issuers of corporate, federal, state and municipal market securities, and institutional investors. Mischler’s first constituents were comprised of a discrete universe of those who advocate the engagement of qualified minority-owned broker-dealers. At the outset, a select group of corporate clients engaged us to assist in their issuing and distributing new securities within the debt and equities capital markets; state and local governments enlisted us to advance municipal debt offerings, and investment managers, including public pension sponsors, looked to Mischler to facilitate direct market access to fixed income and global equities markets.
Today, the Mischler Financial Group platform is recognized by a broad spectrum of public company corporate treasury teams, municipal debt issuers, and leaders from the financial industry’s buy-side and sell-side. We are a compelling partner not only because of our legacy, and not only because we are viewed as a pure complement to the role played by Issuers’ primary investment bank(s). We are engaged by Issuers and investment managers because we are an aggressively-competitive boutique whose peers include the industry’s most-recognized investment banks, order execution firms, media-quotedmarket strategists and institutional brokers.
Our time-tested and well-proven capabilities extend across the most critical areas of the financial market landscape: (i) the primary government and corporate debt and equity capital markets, and (ii), the secondary market trading ecosystem for bothequities and fixed income. We deploy a combination of high touch and high-technology trading tools to provide public pension plan sponsors, institutional investment managers, Fortune Treasurers and select hedge funds with granular market insight and best execution in US and International Equities, ETFs, and a full array of Fixed Income-centric products.
Mischler’s 24/6 trade execution desk provides an expert voice complemented by reliable and robust trading technology that provides direct market access and seamless, straight-thru processing in the course of trading US domestic and international equities and a full menu of fixed-income products. Mischler Financial also exceeds the execution and post-trade analysis needs of corporate treasurers engaged in initial public offering (IPOs) and the open-market repurchase of their company’s shares via (10b-18) buyback programs.
Notwithstanding our 25-year ascendancy from being a small, regional minority broker-dealer to our current ranking among widely-respected Wall Street firms, we remain dedicated to our legacy by advocating on behalf of disabled military veterans and their family members who seek equal opportunities in which they can leverage the training, disciplines and skills acquired while they served in the US Military.
Our daily priorities are equally-focused on serving our clients, our team members, our constituents and our families in a manner that exceeds all standards, and most important: each of their expectations. Our corporate mandate inspires us to continuously give back and pay forward to support those who valiantly served our Country in their pursuit of equal opportunities and the American Dream.
About Us : Moving Forward
We take exceptional pride in being recognized as a fully-accredited Minority Business Enterprise (MBE), a Service-Disabled Veteran Business Enterprise by the U.S. Department of General Services Office of Small Business Certification and Resources, U.S. Department of Veterans Affairs (SDVOSB), New York State Office of General Services (SDVOB) , State of Massachusetts (SDVOBE), State of Ohio (VBE), and various other state agencies throughout the United States. Through this designation, one that our founders literally fought with their lives to earn, we offer a unique capability for government entities, public corporations, insurance enterprises, fund management concerns and non-profits to fulfill their regulatory requirements, mandates and fiduciary obligations that are specifically intended to honor and support service-disabled veterans who seek to achieve the American Dream. We look back to learn so that we may continue to lead.