James Doherty Email & Phone Number

New York, NY, US

New York, NY, US

New York, NY, US

Principal Operations OfficerResponsible for overseeing the day-to-day operations of the firms broker-dealer clients ensuring that all covered functions are compliant with the rules and regulations of the Financial Industry Regulatory Authority (FINRA) and the U.S. Securities and Exchange Commission (SEC)

• Execution Trader
• Executed trades for the firm’s priority sell-side institutional and buy-side clients. Monitored market conditions/news to provide feedback to clients on order parameters and information that could affect stock prices
• Primary point of contact for clients and maintain regular communication and client service through in-person meetings and/or calls
• Routed and executed basket trades on behalf of customers
• Monitored and minimized trading costs
• Analyzed market liquidity in stocks that are bought or sold at the close of trading and adjust the quantity to reduce impact on the closing price

• Advised on regulatory requirements and best practices in connection with electronic trading controls
• Served as a senior point of contact for Compliance on electronic trading related projects, including Regulatory change, system incidents related to electronic trading, and risk assessments
• Identified and facilitated the resolution and documentation of trading errors
• Provided support gathering information needed to conduct reviews on client adherence to trading guidelines and restrictions
• Assisted the firms Compliance Director in executing the firm’s annual compliance review and monthly compliance reports

• Assistant Trader responsible for order management for all trading sectors
• Responsible for maintaining all stock positions in the firm’s proprietary trading account
• Successfully transacted bids and offers to customers during illiquid periods in order to facilitate trading
• Executed proprietary trades ensuring customers received the fairest price at time of execution while limiting amount of risk taken by the firm

Montreal, QC, CA

• Executed orders for firm’s position traders and wealth advisors on floor of NYSE, orders ranged from 1k to 5mm shares
• Negotiated with competing brokers to ensure that customer orders were executed at optimal prices
• Reduced firm’s costs by $50k a month by eliminating use of outside brokers
• Implemented processes resulting in firm savings of more than $3mm caused by intraday trading errors
• Interacted with high net wealth clients to address questions in efficient and responsive manner

• Supervised a desk of operation analysts and specialists; handled recruitment, training and career development
• Strategic partner for the equities business (Cash Equities and Derivatives) serving the front and back office
• Worked with senior management to improve infrastructure, reduce risk and cost to increase efficiency
• Partnered with Compliance and IT departments to assist in the development and implementation of firmwide operation initiatives

• Supervisor of Bear Stearns & Co. customer trade breaks on the AMEX, CBOE, PBW and PSE Exchanges
• Liaison between Option Clearing Corp. and Bear Stearns & Co. salesmen, traders, and clearance accounts
• Responsible for notifying customers on option assignments in connection with end of the month expirations

Bs, Finance

High School Diploma