Margin Clerk
This is a critical position within the Operations Group at OptionsHouse. The position requires a solid understanding of retail brokerage accounts and credit risk management.
Send your resume and cover letter to: careers@optionshouse.com.
Core Responsibilities
- Issuing margin calls
- Aging margin calls
- Monitoring satisfaction of margin calls
- Communicating with clearing firm on margin issues
- Communicating with clients to resolve margin issues
Skills Required
- Extensive knowledge of Regulation T and NYSE rules and Equities & Fixed Income Products
- Particular knowledge of option requirements and their relationship with equities
- Strong problem solving and analytical skills are important as client-impacting and credit-related decision making is required in this role
- Candidates should possess a desire to work in an in a fast-past, time-sensitive, team environment with meaningful client interaction
- Familiarity with MS Suite programs (Excel, Word, Access, Outlook) is required
Experience Required
- At least 10 years of experience in operations in a retail brokerage operations department
- 5+ years margin analysis experience strongly preferred
- Bachelors Degree required