Margin Analyst recruitment
Main Function
The Prime Brokerage Margin group is responsible for the effective monitoring of all Prime Brokerage client balances and positions. In addition, the group must ensure clients’ compliance with both regulatory and House requirements.
Main Duties
The group provides direct support to the Prime Brokerage desk interfaces with many other operational groups while moving hundreds of millions of dollars in cash and securities on a daily basis. The position requires significant interaction with firm personnel, external clients and the following requirements:
- Intimate knowledge of the rules and regulations pertaining to regulatory and credit derived margining
- Familiarity with ADP/Broadridge systems
- Enhanced leverage product knowledge
- Experience with Non-US specific margin requirements
- Accurate administration of client collateral movements and their affects to client entitlement
- Sound knowledge of both the compliance and risk aspects of the margin functions and strict adherence to risk mitigation practices
- Apply set regulatory standards to clients’ accounts with respect to funding and/or trading requirements
- Apply rules based margin when dealing with client accounts to ensure compliance
Person Requirements
Basic Qualifications
- Bachelors Degree or equivalent
- 5+ years margin experience
Preferred Qualifications
- ADP/Broadridge systems knowledge
- Sound knowledge of the compliance and risk areas of the margin functions and strict adherence to risk mitigation practices
We thank all applicants for submission, but only those under consideration will be contacted.
December 5, 2011
• Tags: Margin Analyst recruitment, Operations careers in the USA • Posted in: Financial