LTSE

Head of Market Operations

United States

Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Capital Markets, BiotechnologyIndustries

Requirements

The Head of Market Operations must have experience leading a remote operational team responsible for trading and market operations, ensuring efficient and compliant trade execution. A strong understanding of market integrity, strategic initiatives, member relationships, and business growth is essential. Experience with clearing, technology, regulation, and compliance is required, along with collaboration skills for business development, product development, positioning, and internal operations. Familiarity with trading systems like MEMO FIX, MEMO SBE, FIX drop-copy, and MEMOIR feeds is necessary.

Responsibilities

The Head of Market Operations will oversee daily trading system performance and integrity, including monitoring order routing, execution matching, order book maintenance, and platform connectivity. They will coordinate with technology teams on system upgrades, performance tuning, incident resolution, and process automation. Responsibilities include developing and enhancing internal operational procedures, managing post-trade activities like clearing, settlement, and regulatory reporting, and overseeing interfaces with clearing and settlement entities. The role involves supporting the Finance Team with specific reports, maintaining knowledge of regulatory developments, defining and mitigating operational risks, and providing leadership during crisis response. Additionally, they will support member firms with market-related issues, oversee new member application processes, partner with Business Development on growth opportunities, collaborate on client relationship management and marketing, work with Product Development and Technology teams to enhance tools, and build, mentor, and motivate a remote operational team.

Skills

Market Operations
Trading Systems
Compliance
Regulatory Affairs
Business Development
Product Development
Stakeholder Management
Team Leadership

LTSE

Facilitates long-term stock exchange solutions

About LTSE

LTSE operates as a financial market focused on promoting long-term profitability for innovative companies at various stages of development. It offers equity management services for private companies and provides a platform for public companies to list on the exchange. LTSE's approach is guided by a set of principles approved by the US Securities and Exchange Commission (SEC), which emphasize innovative corporate governance and a long-term focus. This framework encourages companies to consider a wider range of stakeholders and prioritize long-term decision-making, aligning executive and board compensation with long-term performance. LTSE differentiates itself from competitors by advocating for active board engagement in long-term strategy and fostering relationships with long-term shareholders. The company's goal is to create a business ecosystem that supports sustainable growth and success over years and decades.

New York City, New YorkHeadquarters
2015Year Founded
$145.9MTotal Funding
LATE_VCCompany Stage
Financial ServicesIndustries
51-200Employees

Benefits

Medical, dental and vision benefits
401k
Cell phone reimbursement
Computer and home office setup
Equity & company stock options

Risks

Competition from exchanges like MEMX challenges LTSE's unique value proposition.
Regulatory changes could impact LTSE's operations and financial products.
Scaling operations post-$99 million investment poses challenges for LTSE's infrastructure.

Differentiation

LTSE's SEC-approved principles emphasize long-term corporate governance and stakeholder engagement.
The exchange offers unique equity management services for both private and public companies.
LTSE promotes alignment of executive compensation with long-term performance.

Upsides

Increased interest in ESG investing aligns with LTSE's long-term focus.
Digital equity management platforms create opportunities for LTSE's private company services.
Remote work trends help LTSE attract top talent with flexible hiring practices.

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