Reporting to the Chief Executive Officer, the Chief Operating Officer (COO) will have overall responsibility for managing the day to day business operations of the firm and its multiple operating subsidiaries. Through a constructive and energetic style, guided by the strategic objectives of the Firm as articulated by and operating under the direction of the Chief Executive Officer, the COO will provide the leadership and management necessary to ensure that each business line at the Firm executes on its potential and consistent with overall Firm objectives.
The COO will be responsible for establishing operations controls, administrative and reporting procedures, the hiring of people, the deployment of systems to effectively grow the organization and ensure operational efficiency and all other duties normally the responsibility of a Chief Operating Officer. The COO will have various members of the executive team reporting directly to him/her and, in partnership with the CEO, be the internal “face” of FOLIOfn, Inc.
The Chief Operating Officer will be expected to understand and anticipate the needs of a growing and sophisticated firm that is a marriage of financial technology and brokerage, advisory and investment services with unique capabilities and innovative and creative offerings to investors and those who serve them such as broker-dealers, advisors and investment banks. The Chief Operating Officer will be responsible for the efficient implementation of the Firm’s strategy and multiple new product and service initiatives and, generally, as the primary objective, accelerate the growth of the Firm’s revenues and earnings. Additionally, priorities include ensuring compliance with the requirements of a variety of regulatory agencies, controlling operational risks (such as cybersecurity) and maintaining customer relations.