Head of Margin- Self Clearing Broker Dealer - Ajccorp : Job Details

Specific Role Responsibilities:

• Responsible for oversight for all margin-related processes, as well as all aspects of Regulation T and FINRA 4210 from an initial and ongoing cash and margin account basis
• Lead a highly collaborative and cross functional team committed to improve the value of margin services.
• Analyze processing errors through organized root-cause analysis and drive process improvements.
• Oversight of margin exceptions, short options exposures, and payments
• Protect the firm by evaluating intraday / overnight profit and losses and stress tests to identify potential dangers and present protective measures against price fluctuations of client positions.
• Resolve complex escalations that protect customers and the firm from financial and regulatory risks.
• Proactively engage with clients regarding their risk and margin methodologies

Experience Required:

• 10+ years of industry-relevant experience in self-clearing broker-dealers with robust margin lending operations
• Deep understanding of the securities industry and brokerage operations
• Knowledgeable in Regulation T, FINRA Rule 4210, and SEC Rule 15c3-3
• Competency in using various margin tools and systems.
• In depth knowledge of collateral and securities finance
• Capability to work under pressure and meet routine deadlines.
• Strong leadership and interpersonal skills
• Experience as a margin supervisor or equivalent at a top financial services firm that provides trade, clearing, and custody services to correspondent or introducing broker-dealers.

Compensation:

• Compensation package offerings are based on candidate experience and technical qualifications, as it relates to the role. These are identified and determined throughout your interviewing experience.

Location: New York and New Jersey