Automated investing for confident financial futures
Betterment is the largest independent digital investment advisor in the U.S., providing automated investing and financial planning services through its app-based platform. Headquartered in Chelsea, New York, Betterment has raised $335 million in funding and serves over 700,000 customers, offering pe...
Betterment offers a 401(k) match, equity grants, and comprehensive medical, dental, and vision coverage. Employees enjoy a robust parental leave polic...
Betterment fosters a data-driven culture that emphasizes innovation in fintech and personalized financial guidance. The company supports employee conn...
Betterment • Betterment HQ - New York City
Betterment is seeking a Director of Broker-Dealer Operations to lead the team overseeing financial and operational aspects of their broker-dealer business. This role involves collaboration across departments to ensure compliance and improve processes.
You have extensive experience in financial operations, ideally with a focus on broker-dealer environments. Your background includes a strong understanding of regulatory compliance, particularly with FINRA and SEC rules, and you have a proven track record of managing teams effectively. You are skilled in building relationships with third parties, including auditors and banking institutions, and you thrive in collaborative settings where you can work cross-functionally with product and engineering teams. Your leadership style emphasizes empowerment and growth, fostering an environment where team members can excel and contribute to the company's mission.
Experience with financial wellness solutions or investment products is a plus. Familiarity with automation tools and process improvement methodologies will help you drive efficiency within the team. You are comfortable navigating complex regulatory landscapes and have a keen eye for detail, ensuring that all operations align with industry standards.
As the Director of Broker-Dealer Operations, you will oversee all operational aspects of Betterment's broker-dealer entity, which safeguards over $65B in assets. You will lead a team responsible for dividend and corporate action processing, reconciliations, and the design and operation of internal controls. Your role will involve ensuring compliance with relevant regulations and maintaining accurate financial records. You will collaborate with various departments to improve and automate processes, enhancing the overall efficiency of operations. Additionally, you will partner with product and engineering teams to design and implement new investment products, such as Self-Directed Investing and Securities Lending. Your leadership will be crucial in managing relationships with third parties, including auditors and clearing firms, to ensure smooth operations and compliance.
Betterment offers a hybrid work environment, allowing you to work four days a week in the office while also providing flexibility. You will be part of a mission-driven company that empowers individuals to build wealth with confidence. The culture at Betterment emphasizes collaboration, innovation, and continuous improvement, providing you with opportunities to grow both personally and professionally. You will have access to resources and support to help you succeed in your role and contribute to the company's goals.
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