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