Discount Brokerage Operations Manager jobs in Michigan

Discount Brokerage Operations Manager oversees the daily operations of a discount brokerage. Ensures that brokerage operations adhere to the organization's financial and business strategies. Being a Discount Brokerage Operations Manager monitors the purchase and sale of securities for clients at discounted commissions. Ensures accuracy of transactions, oversees account maintenance, and acts as a liaison with the organization's full-service broker as needed. Additionally, Discount Brokerage Operations Manager ensures compliance with all relevant government regulations. Keeps abreast of market conditions. Requires NASD Series 7 license. Requires a bachelor's degree in a related area. Typically reports to a director. The Discount Brokerage Operations Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be a Discount Brokerage Operations Manager typically requires 3+ years of managerial experience. (Copyright 2024 Salary.com)

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Brokerage Operations Manager
  • Dupre' Logistics
  • Grand Rapids, MI FULL_TIME
  • Job Description

    The Operations Manager works in a fast paced environment that is at the hub of activity in our Strategic Capacity Services business unit and must possess a sense of personal responsibility, ability to deal with multiple tasks, determination to stick with the job until it’s done, willingness to work with a variety of people, and must be proficient at following through on all task assignments. The primary responsibility of an Operations Manager is to plan and direct the activities of the team to meet the needs of Dupré customers and the Branch Network. In addition, they must provide direct supervision of the Operations team, building the quality and productivity of their direct employees through coaching and development. The Operations Manager will develop procedures, establish standards, and administer activities to assure accurate order entry, efficient shipment tracking, and timely delivery of products to customers. This position is responsible for the effective response to Customer/Branch requests, problems, and special needs which can extend to a global client base. As part of a team, the Operations Manager will be measured against specific metrics related to Revenue, Margin & volume generation as well as meeting customer specific KPI’s. The SCS Operations Manager will be responsible for monitoring and monthly tracking of their individual performance against these metrics utilizing Dupré’s in house MercuryGate TMS and CRM tools.

    Key duties:

    1. Manages Customer / Carrier Relationships

    A. Customer Service

    · Providing excellent customer service by striving to be proactive in problem solving and providing innovative suggestions for handling customer’s freight and resolution of any operational issues. (KPI = Dupre’ On Time Deliveries)

    · Work with the Branch Network, Sales and Customer Success to successfully onboard new or existing business Maximize profit through the development relationship with multiple contacts within customer system and consistent follow-up routine

    · Manage RFP Processes and pricing strategies

    · Oversee daily operations ensuring all loads are covered

    · Coordinate and manage balance of customer freight and carrier capacity

    · Create and maintain a freight program that supports and addresses the customer’s challenges, opportunities, and threats while considering their tolerances for transit times, cost, risks and market conditions.

    · Manage AR process to keep aging at terms.

    · Oversee QBR/Annual customer review

    · Monitor current market conditions and update customers on changes that could affect their business

    · Manage Onboarding of customers into the Operations Center

    a. KPI’s

    b. Scorecards

    c. Standards by Roles

    d. Goals by Roles

    e. Efficiency goals

    · Sugar/CRM utilization

    B. Monitor and review daily/weekly/monthly metrics from production reports

    · Maintains performance metrics that measure activities that increase business

    · Monitor personal metric performance, identify gaps and seek out coaching/development to close these gaps

    · Maintain metrics/reporting for direct reports

    · Supports and contributes to budgeting and forecasting

    2) Team Lead / Management:

    a) Effectively utilizes authority for operational decisions and strategic customer decisions within Operations Center.

    · Acts as day-to-day operational leadership for Customer Managers, Carrier Managers, Logistics Coordinators and Logistics Support

    · Manage team (situational) including Carrier Managers, Customer Managers, Logistics Coordinators and Logistics Support for day-to-day responsibilities and metric tracking

    · Supports and contributes to budgeting, forecasting and P&L

    · Participate and provide hiring feedback

    · Responsible for onboarding and training of new hires

    · Be a technology subject matter expert

    · Learn company processes for understanding, executing and improving

    · Performance Management

    i. Ensure operations is meeting or exceeding customer specific KPI’s

    ii. Create and manage carrier scorecards

    iii. Create and manage performance metrics by role

    iv. Identify areas of improvement to help increase efficiencies

    · Manage Escalations

    i. Coverage

    ii. Claims

    iii. Breakdowns

    iv. Double Brokering

    Job Qualifications

    - 5 years of Logistics/Transportation industry experience is required

    - 3 years of Supervisory experience is required

    - Brokerage Modes Experience – TL, Flatbed, Refrigerated, LTL, Intermodal, Specialty, etc (preferred 5 years)

    - Experience in a detail oriented and multi-tasking environment.

    - Market & Lane Pricing experience (Customer and Carriers)

    - Freight or Logistics with Transportation Management Software experience (preferred 3 yrs)

    - Must have a high level of self-motivation, teamwork attitude, customer service skills and high level of organizational skills

    - Proficient: Word, Excel, Powerpoint, Outlook Required; Mercury Gate, Parade, PowerBi preferred

    Company Description

    Dupre’ Logistics is a fast growth transportation & logistics provider that is adding to our organization in order to meet and exceed these goals:

    · provide safe service that’s profitable

    · continue to profitably grow our business

    · be the employer of choice

    · be a career destination rather than a stepping stone on your career path

    Job Type: Full-time

    Benefits:

    • 401(k)
    • Dental insurance
    • Health insurance
    • Life insurance
    • Paid time off
    • Vision insurance

    Schedule:

    • 8 hour shift

    Ability to Relocate:

    • Grand Rapids, MI: Relocate before starting work (Required)

    Work Location: In person

  • 1 Month Ago

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Brokerage Manager
  • JM Wilson Corporation
  • Portage, MI FULL_TIME
  • Responsible for managing department operations, setting, and achieving department goals, and coaching a strong underwriting team through strong leadership skills, impeccable relationship -building abi...
  • 1 Day Ago

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Relationship Manager - Troy, MI
  • Fidelity Brokerage Services LLC
  • , MI FULL_TIME
  • Job Description: Relationship Manager As a Relationship Manager, you will be facilitating relationships with Fidelity’s most valuable clients. Through your honesty and integrity, we know you will insp...
  • 1 Month Ago

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Relationship Manager - Grand Rapids, MI
  • Fidelity Brokerage Services LLC
  • , MI FULL_TIME
  • Job Description: Relationship Manager As a Relationship Manager, you will be facilitating relationships with Fidelity’s most valuable clients. Through your honesty and integrity, we know you will insp...
  • 29 Days Ago

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Brokerage Account Manager
  • SFL Companies
  • Rochester, MI FULL_TIME
  • Are you looking for a career where you can grow in the Freight Brokerage and Supply Chain Industry? SFL OFFERS: Uncapped Earning Potential Career Growth Opportunities Innovative Technology Casual, Fun...
  • 22 Days Ago

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General Manager
  • Bluepoint Operations
  • Clarkston, MI FULL_TIME
  • Culver’s is looking for a Restaurant Manager If you have a passion for restaurant industry and desire to serve others, then this job is for you! Our managers oversee it all, ensuring every True Blue C...
  • 5 Days Ago

S
General Manager/Operations Manager Needed!
  • Signs & Services Company, Inc.
  • Orange, CA
  • Job Description Job Description We are seeking a General Manager/Operations Manager to become an integral part of our te...
  • 4/19/2024 12:00:00 AM

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Operations Manager
  • Ruggable
  • Charlotte, NC
  • About Ruggable: Ruggable is a leading direct-to-consumer e-commerce brand based in Los Angeles, California with an extra...
  • 4/19/2024 12:00:00 AM

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Supplier Management and Operations Manager
  • LanceSoft
  • Titusville, NJ
  • Title: Process Excellence Manager 2/Supplier Management and Operations Manager Location: Titusville, N 08560 Duration: 0...
  • 4/18/2024 12:00:00 AM

A
Manager II, Operations Management
  • Applied Materials
  • Gloucester, MA
  • **Key Responsibilities** 1. Supervises employees involved in a variety of production and/or operation functions such as ...
  • 4/18/2024 12:00:00 AM

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Operations Manager
  • Echo Global Logistics
  • Scottsdale, AZ
  • At Echo, we foster a culture that promotes continuous learning, innovation, and personal development. Apply today and gr...
  • 4/18/2024 12:00:00 AM

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Operations Manager
  • General Dynamics Information Technology
  • Colorado Springs, CO
  • Operations Manager Seize your opportunity to make a personal impact as an Operations Manager leading GDIT's operations t...
  • 4/15/2024 12:00:00 AM

C
Operations Manager
  • Courtyard Atlantic City
  • Atlantic City, NJ
  • Compensation Type: Yearly Highgate Hotels: Highgate is a premier real estate investment and hospitality management compa...
  • 4/10/2024 12:00:00 AM

B
Operations Manager
  • BlueTriton Brands
  • McBee, SC
  • BlueTriton is a leading provider of spring and purified water products - the name behind your favorite bottled water bra...
  • 1/9/2024 12:00:00 AM

Michigan consists of two peninsulas that lie between 82°30' to about 90°30' west longitude, and are separated by the Straits of Mackinac. The 45th parallel north runs through the state—marked by highway signs and the Polar-Equator Trail—along a line including Mission Point Light near Traverse City, the towns of Gaylord and Alpena in the Lower Peninsula and Menominee in the Upper Peninsula. With the exception of two small areas that are drained by the Mississippi River by way of the Wisconsin River in the Upper Peninsula and by way of the Kankakee-Illinois River in the Lower Peninsula, Michigan...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Discount Brokerage Operations Manager jobs
$70,562 to $142,422

Discount Brokerage Operations Manager in Stockton, CA
Position requirements usually include a minimum of a bachelor’s degree and 5 years of experience in the financial industry or similar business operations experience.
January 29, 2020
Discount Brokerage Operations Manager in Rock Island, IL
A discount brokerage operations manager is responsible for discount brokerage firms’ operations – companies that accept discounted fees.
February 02, 2020
Discount Brokerage Operations Manager in Saginaw, MI
Bureau of Labor Statistics, a Brokerage Operations Manager is responsible for the financial health of an organization.
December 17, 2019