Trading Operations Assistant Vice President

Texas Capital is built to help businesses and their leaders. Our depth of knowledge and expertise allows us to bring the best of the big firms at a scale that works for our clients, with highly experienced bankers who truly invest in people’s success — today and tomorrow.  

While we are rooted in core financial products, we are differentiated by our approach. Our bankers are seasoned financial experts who possess deep experience across a multitude of industries. Equally important, they bring commitment — investing the time and resources to understand our clients’ immediate needs, identify market opportunities and meet long-term objectives. At Texas Capital, we do more than build business success. We build long-lasting relationships. 

Texas Capital provides a variety of benefits to colleagues, including health insurance coverage, wellness program, fertility and family building aids, life and disability insurance, retirement savings plans with a generous 401K match, paid leave programs, paid holidays, and paid time off (PTO). 

Texas Capital is headquartered in Dallas with offices in Austin, Fort Worth, Houston, Richardson, Plano, San Antonio, Chicago, Los Angeles and New York. For more information about joining our team, please visit us at www.texascapital.com.

Position Summary

The Trading Operations Assistant Vice President (AVP) will serve as a key contributor within the middle-office function, with a primary focus on equities settlement and a broader working knowledge of trade lifecycle operations across multiple asset classes including Fixed Income, Municipal Bonds, Mortgage-Backed Securities (MBS), Treasuries, Corporate Loans, and Foreign Exchange (FX). This role supports Investment Banking trading activities by ensuring settlement accuracy, operational efficiency, and risk mitigation across the full trade lifecycle.

The AVP will work in close partnership with trading desks, sales, back office, and technology teams to resolve settlement exceptions, drive process improvements, and maintain a high standard of client service. This is an excellent opportunity for a detail-oriented, analytically driven professional looking to expand their impact within a growing investment banking platform.

Key Responsibilities

Equities Settlement & Trade Lifecycle

Account Trading Setup and Maintenance

• Primary Settlement Focus Manage end-to-end equities settlement processes including, Trade booking, trade confirmation, matching, fail management, and resolution with clients and custodians.
• Fail Management Monitor and remediate equity settlement failures using DTC, NSCC, and other clearing platforms; escalate aged fails with appropriate urgency.
• Trade Confirmation Ensure timely affirmation and confirmation of equity trades with brokers, prime brokers, and institutional counterparties.
• Reconciliation Perform daily reconciliation of equity positions, cash, and market values across internal books and records versus custodian and counterparty statements.
• Corporate Actions Process and track corporate action events including dividends, splits, mergers, and spin-offs; ensure accurate reflection in trading systems.

Broad Trading Operations Support

• Multi-Asset Coverage Provide operational support across Fixed Income, MBS, Treasuries, Municipal Securities, FX, and Corporate Loan settlement workflows as needed.
• Middle Office Control Point Serve as a control point between the Front Office and Back Office for trade lifecycle management, ensuring accuracy and completeness of trade data.
• Margin & Collateral Assist in the review and reconciliation of margin calls and collateral movements in coordination with counterparties and risk teams.
• Discrepancy Resolution Coordinate with trading desks, sales, and operations to investigate and resolve trade discrepancies and booking errors promptly.
• Regulatory Compliance Support adherence to regulatory requirements and internal controls in accordance with SEC and FINRA guidelines; follow Texas Capital Bank policies and procedures.

Process Improvement & Technology

• Workflow Optimization Identify and recommend process improvements to increase settlement efficiency, reduce operational risk, and support scalability.
• System Enhancements Contribute to system enhancement requests and participate in user acceptance testing for trade capture and settlement platforms.
• KPI & KRI Monitoring Support oversight of operational KPIs and KRIs; perform sample testing and internal controls reviews as directed.
• Special Projects Assist management with operational initiatives, strategic projects, and cross-functional working groups as assigned.

Qualifications

Education & Experience

• Bachelor's degree in Finance, Business Administration, Economics, or a related field required.
• Minimum 5 years of experience in trading operations, equities settlement, or middle-office functions within investment banking or a broker-dealer environment.
• Extensive, hands-on experience with equities trade and settlement processes, including DTC/NSCC workflows, fail management, trade confirmation, and position reconciliation.
• Familiarity with investment banking operations, trade lifecycle management, and the broader capital markets ecosystem.

Licensing

• SIE (Securities Industry Essentials) preferred.
• FINRA Series 7 and Series 63 licenses preferred; no required timeframe for completion.
• Candidates without current licenses who possess strong relevant experience are encouraged to apply.

Technical Skills

• Proficiency in equities settlement and clearing platforms (DTC, NSCC, DTCC, CTM, NYFIX Matching) strongly preferred.
• Experience with trade capture and operations systems such as Bloomberg, Broadridge, Calypso, or equivalent platforms preferred.
• Advanced Excel skills, including pivot tables, VLOOKUP, and data reconciliation techniques.
• Proficiency in Microsoft Office Suite (Outlook, Word, PowerPoint).

Core Skills & Attributes

• Strong analytical and problem-solving skills with a high attention to detail.
• Effective written and verbal communication skills; ability to engage confidently with trading desks, counterparties, and internal stakeholders.
• Proven ability to manage high-volume, time-sensitive workflows in a fast-paced environment.
• Client-centric mindset with strong relationship management capabilities.
• Self-starter with the ability to work independently and contribute meaningfully within a collaborative team environment.

Key Competencies

• Equities settlement expertise and clearing platform proficiency
• Operational risk awareness and controls adherence
• Analytical thinking and data-driven decision-making
• Cross-asset class knowledge and intellectual curiosity
• Process improvement and continuous learning orientation
• Effective stakeholder communication and relationship building
• Adaptability and composure in high-volume, deadline-driven environments

The duties listed above are the essential functions, or fundamental duties within the job classification.  The essential functions of individual positions within the classification may differ. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.Texas Capital is an Equal Opportunity Employer.