Treasurer

Wedbush Securities is one of the largest securities firms and investment banks in the nation. We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures and Advanced Clearing & Prime Services divisions. Headquartered in Los Angeles, California with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth.

The Treasurer provides enterprise-wide leadership and strategic direction for all treasury functions across multiple corporate entities. This position drives the vision, governance, and performance of the treasury organization, ensuring resilience, efficiency, and operational excellence across all treasury activities.

Responsibilities include, but are not limited to:

• Oversee firmwide treasury operations including liquidity management, cash positioning and capital planning
• Manage daily settlements and central clearing counterparty margin requirements for clearing broker dealer, including NSCC, OCC, FICC and DTC
• Direct short-term and long-term financing and investing activities within firm risk parameters
• Ensure compliance with 15c3-3 funding regulations, including reserve requirements and customer protection standards
• Lead treasury operations for multiple entities and broker dealers, ensuring proper controls and regulatory adherence
• Manage corporate cash balances and money movements, including funding for Accounts Payable, Payroll and other disbursement accounts
• Maintain and negotiate banking and counterparty relationships, including services, credit facilities and pricing
• Develop and maintain treasury policies and procedures, driving efficiency and strong internal controls
• Provide strategic insights to senior leadership regarding liquidity, capital usage and financial risk
• Requires up to 20% travel to maintain banking relationships and oversee multi-entity operations
• Perform other tasks and duties as required and assigned

Experience and Skills

• Bachelor’s Degree from an accredited university, preferably in Finance, Accounting, Business or related field; MBA or CTP preferred
• FINRA Series 7, 99, or principal license required
• 10-15 years of progressive treasury experience in financial services
• Strong understanding of 15c3-3 and broker dealer regulatory requirements
• Expertise in corporate cash management, liquidity and money movement operations
• Experience overseeing treasury functions for multi-entity organizations
• Strong negotiation and relationship-building skills with banks and financial partners
• Excellent communication and presentation skills with the ability to communicate effectively across various departments and levels of the organization
• Highly organized and able to multi-task and manage multiple projects and competing priorities without sacrificing accuracy or efficiency
• Exceptional analytical capability paired with strong strategic decision-making skills

What We Offer

As part of our overall compensation package, Wedbush Securities offers an array of diverse benefits to all our colleagues. We believe that providing competitive benefit options yields the advantageous reward of establishing a healthy and inclusive foundational work culture.

• Comprehensive medical, dental, and vision coverage with multiple health plan options for you and your family
• Health Savings Account with company-sponsored contributions
• Flexible Spending Accounts (FSA) traditional and dependent care
• Pre-Tax Commuter Benefits
• 401(k) plan with discretionary, competitive company matching and profit-sharing contributions
• Tuition reimbursement up to $5,250/year
• 3 weeks of Paid Time Off
• 2 weeks of Paid Sick Time (may vary by location)
• 10 Paid Holidays
• Charitable Donation Matching Contributions
• Paid Leave (Parental Bonding, Military, Jury Duty, Volunteer Time Off, Disability, etc.)
• FINRA License Sponsorship
• Travel & Employee Assistance and Employee Discount Programs

The reasonable estimate of the compensation range for this role has not been adjusted for the applicable geographic location. A reasonable estimate of the current range is $225,000 to $300,000. Colleagues may be eligible for additional, discretionary incentive compensation based on the colleague's and the firm's performance. Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs.

Wedbush Securities (WS) is proud to be an Equal Employment Opportunity employer. WS does not discriminate based on race, religion, color, creed, sex, sexual orientation, gender, gender identity or expression, national origin, ancestry, citizenship status, registered domestic partner status, uniform service member status, marital status, pregnancy, age, medical condition, disability, genetic information, family care or medical leave status, or any other consideration made unlawful by applicable federal, state, or local laws, or on the basis that an applicant or Colleague is perceived to have these characteristics or is associated with someone who is perceived to have these characteristics. WS aims to foster a culture of inclusion where all Colleagues are valued for their unique contributions to the firm as well as provided equal opportunities to succeed.

Wedbush uses E-Verify, an Internet-based system, to confirm the eligibility of all newly hired employees to work in the United States. Learn more about E-Verify, including your rights and responsibilities here https://www.e-verify.gov/employees/e-verify-overview

This position is subject to various laws or regulations that impose restrictions or prohibitions for employment with Wedbush due to criminal history. Those laws or regulations include but are not limited to, the following: Securities Exchange Act of 1934 (SEA) Rule 17a-3, et. seq,, Financial Industry Regulatory Authority (FINRA) Rules 3110(e), Rule 4530(a), etc., and FINRA Regulatory Notice 07-55.