Back to jobs
New

Broker Dealer Operations Lead

New York, NY

Since 2017, Flourish has been on a mission to help financial advisors evolve from holistic advice to holistic implementation to more fully serve their clients and achieve better outcomes. We focus on independent Registered Investment Advisors (RIAs), delivering financial products that advisors can’t easily access today through beautiful, scalable, and easy-to-use technology.

Today, we work with over 900 RIAs that collectively represent more than $1.6T in assets under management across two products — Flourish Annuities and Flourish Cash — and with our recent acquisition of Sora Finance, we’ll be adding a lending offering in 2026. Headquartered in New York City, we are an independently-operating, wholly-owned subsidiary of MassMutual Life Insurance Company.

Read on if you are interested in joining a small, highly-collaborative, rapidly-growing startup—backed by the support and stability of a Fortune 500 company.

About You

With an eye for details, you know the importance of triple checking your work to ensure accuracy and believe that is the minimum standard. You are thoughtful about risk, learn quickly from your mistakes and are commercially minded and motivated to ensure operations support business objectives. Digging into the details is exciting and you are constantly looking for ways to make established processes more streamlined and efficient - both with the help of full automation and via more manual processes where appropriate. You have a player/coach mentality and as a team lead, you are always willing to roll up your sleeves and lend a helping hand in a fast moving, high-growth startup. You understand that startups move quickly and you are excited by the task of continuing to scale broker dealer operations to keep pace with business growth, while always ensuring stability, safety, and compliance. Knowing that collaboration is key, you work closely with like-minded individuals to solve problems and contribute to team objectives. Lastly, you have a default positive attitude and embrace key characteristics we look for in Flourishers: grit, craftsmanship, and a collaborative approach.

Principal Responsibilities

  • Ensure daily, weekly, monthly, and quarterly required tasks are completed in support of our broker dealer: allocation algorithm, daily wires, key reporting, system controls
  • Manage, mentor, and develop the existing Broker Dealer Operations team
  • Partner with the Data team to forecast growth, explore optimal allocations, and report on key business metrics related to the sweep program
  • Track and report on Broker Dealer Operations KPIs to the Flourish executive team
  • Facilitate daily cash movement of customer funds within the brokered sweep program as well as movement of funds between Flourish products and entities
  • Perform daily cash reconciliation of customer cash within the brokered sweep program
  • Run proprietary algorithm to derive the most optimal distribution of customer funds among brokered sweep program bank partners
  • Be an expert on the details of our proprietary algorithm and sweep program
  • Process monthly interest settlement and reconciliation at program banks
  • Build, maintain, and evolve Broker Dealer Operations processes to streamline core tasks, improve efficiency, and reduce mistakes
  • Drive onboarding of new banks into the cash sweep program, or any other strategic partners for new product initiatives
  • Develop strategic relationships with program banks’ operations leadership
  • Provide audit support and adhere to operational controls and regulatory requirements
  • Partner with Finance to complete all necessary monthly regulatory reporting
  • Partner closely with Product & Engineering to provide operational support and input on existing and new functionality
  • Aid in ongoing bank and partner risk monitoring
  • Manage Flourish’s treasury strategy to optimize yield within defined risk and regulatory parameters
  • Stay abreast of key trends in the banking and payments space to propose new initiatives to enhance our offerings

Qualifications

  • 7+ years experience in operations and/or treasury focused function from fintech startup, asset manager, or large bank
  • Bachelor’s degree
  • FINRA Licenses - you must have all three of the below licenses active OR have the SIE and Series 99 (or equivalent) licenses active and be willing to get the Series 27 within the first 60 days of joining. Preference will be given to fully licensed candidates.
    • SIE
    • Series 99
    • Series 27
  • Familiarity with various USD payment rails and infrastructure (i.e. Fedwire, SWIFT, CHIPS, ACH, FedNow, etc.) strongly preferred
  • Familiarity with SEC/FINRA Broker Dealer regulations such as 15c3-1 Net Capital rules and 15c3-3 Customer Reserve rules strongly preferred
  • Experience working with various cash and/or fixed income products a plus
  • Proven track record and keen eye for process improvement and streamlining procedures
  • Reliable, eager, ambitious, self-starter, strong attention to detail a must
  • Self starter “Player / Coach” that does not require a lot of oversight and is willing to dive in to create sustainable solutions
  • Team player who is driven to solve problems and meet deliverables
  • Previous management experience preferred

At Flourish, we focus on ensuring fair, equitable pay by providing competitive salaries, along with bonus and incentive opportunities and benefits for all employees.

Base Salary Range: $172,000 - $225,700 plus bonus

Disclosures:

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

Apply for this job

*

indicates a required field

Resume/CV*

Accepted file types: pdf, doc, docx, txt, rtf

Cover Letter

Accepted file types: pdf, doc, docx, txt, rtf

Education

Select...
Select...
Select...
Select...

Are you legally authorized to work in the U.S.?

Select...

Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self-identification survey. Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

As set forth in Flourish’s Equal Employment Opportunity policy, we do not discriminate on the basis of any protected group status under any applicable law.

Select...
Select...
Race & Ethnicity Definitions

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection. As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categories is as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.

Select...

Voluntary Self-Identification of Disability

Form CC-305
Page 1 of 1
OMB Control Number 1250-0005
Expires 04/30/2026

Why are you being asked to complete this form?

We are a federal contractor or subcontractor. The law requires us to provide equal employment opportunity to qualified people with disabilities. We have a goal of having at least 7% of our workers as people with disabilities. The law says we must measure our progress towards this goal. To do this, we must ask applicants and employees if they have a disability or have ever had one. People can become disabled, so we need to ask this question at least every five years.

Completing this form is voluntary, and we hope that you will choose to do so. Your answer is confidential. No one who makes hiring decisions will see it. Your decision to complete the form and your answer will not harm you in any way. If you want to learn more about the law or this form, visit the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) website at www.dol.gov/ofccp.

How do you know if you have a disability?

A disability is a condition that substantially limits one or more of your “major life activities.” If you have or have ever had such a condition, you are a person with a disability. Disabilities include, but are not limited to:

  • Alcohol or other substance use disorder (not currently using drugs illegally)
  • Autoimmune disorder, for example, lupus, fibromyalgia, rheumatoid arthritis, HIV/AIDS
  • Blind or low vision
  • Cancer (past or present)
  • Cardiovascular or heart disease
  • Celiac disease
  • Cerebral palsy
  • Deaf or serious difficulty hearing
  • Diabetes
  • Disfigurement, for example, disfigurement caused by burns, wounds, accidents, or congenital disorders
  • Epilepsy or other seizure disorder
  • Gastrointestinal disorders, for example, Crohn's Disease, irritable bowel syndrome
  • Intellectual or developmental disability
  • Mental health conditions, for example, depression, bipolar disorder, anxiety disorder, schizophrenia, PTSD
  • Missing limbs or partially missing limbs
  • Mobility impairment, benefiting from the use of a wheelchair, scooter, walker, leg brace(s) and/or other supports
  • Nervous system condition, for example, migraine headaches, Parkinson’s disease, multiple sclerosis (MS)
  • Neurodivergence, for example, attention-deficit/hyperactivity disorder (ADHD), autism spectrum disorder, dyslexia, dyspraxia, other learning disabilities
  • Partial or complete paralysis (any cause)
  • Pulmonary or respiratory conditions, for example, tuberculosis, asthma, emphysema
  • Short stature (dwarfism)
  • Traumatic brain injury
Select...

PUBLIC BURDEN STATEMENT: According to the Paperwork Reduction Act of 1995 no persons are required to respond to a collection of information unless such collection displays a valid OMB control number. This survey should take about 5 minutes to complete.