Analyst, Prime Margin
Job Description
The Prime Services Margin Analyst will play a crucial role in our Middle Office team, supporting multiple domestic legal entities. This entry-level position offers an excellent opportunity to develop expertise in margin operations, collateral management, and risk oversight within a dynamic prime brokerage environment. The successful candidate will collaborate with various teams, ensuring smooth operations and compliance with regulatory standards.
Responsibilities
• Serve as the primary point of contact for client and administrator inquiries related to Prime Services accounts.
• Issue and monitor margin calls to maintain required equity levels in client accounts.
• Review daily cash and margin account activities for compliance with Regulation T, FINRA, and internal risk policies.
• Support the administration and maintenance of portfolio margin accounts.
• Process and reconcile daily operational workflows, controls, and exception items.
• Partner with Operations, Risk, Finance, and Front Office teams to resolve client inquiries and operational issues promptly.
• Monitor account activity, settlement exceptions, fails, and cash movements across Prime Brokerage accounts.
• Identify opportunities for workflow streamlining and operational efficiency improvements through automation and process enhancements.
• Escalate operational risks, control issues, and exceptions in a timely manner, ensuring effective risk management.
• Participate in project work, testing initiatives, and ad hoc operational requests as needed.
Qualifications
• Bachelor's degree in Finance, Accounting, Economics, Business, or a related field.
• 0-2 years of experience in financial services, operations, middle office, risk, or brokerage operations (internship experience considered).
• Strong analytical, problem-solving, and organizational skills, with a keen attention to detail.
• Excellent verbal and written communication abilities, enabling effective client interaction and collaboration.
• Ability to thrive in a fast-paced, client-focused environment, managing multiple priorities simultaneously.
• Team-oriented mindset with a proactive and collaborative approach to problem-solving and project execution.
• Basic understanding of accounting principles and financial markets, with a desire to learn and develop further.
• Proficiency in Microsoft Excel, with familiarity or willingness to learn financial systems and Bloomberg.
• Interest in or exposure to Prime Brokerage, Margin Operations, Brokerage Operations, or Collateral Management is preferred.
• Understanding of Regulation T, FINRA margin requirements, and portfolio margin concepts is an asset.
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