Director, Traditional Asset Operations

Choose your next journey as a Director, Traditional Asset Operations with Millennium Trust Company and join a culture that empowers and where you can innovate. You will be celebrated, you will be challenged, and you can aspire to inspire. You are more than a colleague here; you are part of a COMMUNITY that goes ABOVE and BEYOND professionally and personally to make a difference.
Don't meet every single requirement? Here at Millennium, we believe there is NO "PERFECT" candidate and want to encourage applying even if all the requirements listed aren't met. Our goal is to build an authentic workplace by valuing diversity in our candidates. We work to ensure that our team reflects the diversity of the businesses and clients we serve. We are always looking to expand our growing team with dynamic and enthusiastic individuals. If you enjoy a collaborative, fun environment that champions career development, Millennium Trust is the place for you! We look forward to receiving your application! Check out a video on our Company Culture! Millennium Trust Culture
HOW YOU WILL SOAR:
The Traditional Asset Operations department is responsible for performing specialized securities processing activities and recording related transactions for traditional, publicly traded assets held by Millennium Trust Company as a custodian. The department consists of two teams - Trade Comparison, Clearance and Settlement (TCCS) and Account Maintenance Activities (AMA). The Director of Traditional Asset Operations is responsible for directing and overseeing these critical functions; supporting managers and staff; coordinating and streamlining workflows and processes; leading process improvement projects; and contributing to business development opportunities and strategy.

• Direct and oversee day-to-day operations and counsel mangers on escalated issues
• Review and approve high dollar transactions, correspondence and other work generated by the team
• Develop, lead and effectively coordinate teams and processes to ensure smooth operations within and between the teams and other MTC departments
• Establish and enforce effective policies and procedures to ensure proper internal controls and to maximize accuracy and efficiency
• Address and resolve significant operational issues and develop and communicate solutions to complex problems
• Strategize and make recommendations and decisions that support new business and business strategy
• Evaluate transaction and other departmental metrics to identify trends and effectively communicate results
• Spearhead department automation, new business, and other projects
• Oversee system testing and test plan updates to ensure that new system releases are properly reviewed
• Supervise all internal and external audit activities
• Identify opportunities for continuous improvement to maximize departmental efficiency and optimize resources; direct others to implement appropriate changes
• Foster an environment that promotes high performance and cooperation
• Effectively communicate with Manager regarding departmental activities and issues
• Work on key priorities as established by the Managing Director of Asset Operations
• Other duties as assigned

IF YOU HAVE SOME OR ALL OF THE FOLLOWING, APPLY:

• Bachelor's Degree in Business, Accounting, Finance, Mathematics or related field
• 10+ years of applicable experience
• Experience with trade clearance and settlement, position reconciliations, dividend/corporate actions processing, asset transfers, and securities trading
• Familiarity with IRA and investment-related IRS tax requirements
• High degree of numeric proficiency and research/data analysis abilities
• Ability to think strategically and deal effectively with abstract and complex matters and long-term issues
• Ability to create appropriate vision for the team
• Superior analytical and problem-solving skills with the ability to make sound decisions and anticipate their consequences
• Ability to understand the big picture as well as provide direction on the relevant details
• Demonstrated ability to plan, organize, prioritize, and schedule in an efficient and productive manner
• Exceptional management, leadership, change management and organizational skills
• Strong interpersonal, communication, listening and collaboration skills
• Ability to interact effectively, confidently, and credibly with peers and senior team members across the company
• Ability and willingness to simultaneously work on multiple projects, serve multiple constituents and handle changing priorities
• Demonstrated ability to take initiative and critically analyze processes and procedures in a push toward constant improvement and automation
• Ability to teach or foster development in others and motivate teams to meet the challenges of a deadline-driven environment
• Self-directed, energetic, intellectually curious, and willing to go the extra mile to deliver great results
• Ability to operate with high regard to integrity, trust, and confidentiality and personally committed to work and service quality
• Optimistic with a consistently positive and flexible attitude
• Comprehensive working knowledge of all Microsoft Office products including Excel (advanced proficiency), Word, Outlook, and PowerPoint

MILLENNIUM TRUST COMPANY is a rapidly growing, leading financial services company offering specialized retirement and institutional services and recently acquired PayFlex, a consumer directed benefits provider, to create a personalized, holistic approach to financial wellness. To that end, we provide a diversified multi-product business with a holistic focus on financial wellness. Millennium Trust has experienced year-to-year double digit growth and prides itself on its strong, progressive culture.
We have been recognized for our remarkable growth on lists such as Crain's Fast 50 and Inc. 5000, and for our outstanding workplace culture and benefits with Built In's 2023 Best Places to Work and Gallagher's 2022 Best-In-Class Employer awards.