Margin Associate

Phaxis; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

Phaxis is seeking a seasoned Margin Manager to join our trading operations team in New York. The role focuses on ensuring timely compliance with House Risk, Portfolio Margin, and Regulation T calculations, and involves managing margin calls for Prime Brokerage and Equity Swap clients.

You will work with triparty repo, review margin processes, and approve client asset transfers using our proprietary systems.

Qualifications

• Bachelor's degree in Economics, Finance, or related field.
• 5+ years Prime Brokerage Operations, focused on margin processes.
• Strong knowledge of Margin financing platforms incl. Regulation T, Portfolio Margin, Arranged Financing.
• Expertise in client 4210 strategy-based and risk-based portfolio margin regulations.

Responsibilities

• Ensure compliance with House Risk, Portfolio Margin, and Regulation T calculations in a timely manner.
• Experience with triparty repo.
• Review, validate, and issue daily margin calls for Prime Brokerage and Equity Swap clients, ensuring accuracy and timeliness.
• Facilitate and approve client asset transfers using proprietary systems.

Skills

Risk management

Portfolio margin

Regulation T

Margin financing platforms

Education

Bachelor's degree in Economics/Finance

Tools

Proprietary margin systems

Job description

Well established broker dealer is seeking a Margin Manager to join their team.

Key Responsibilities:

• Ensure compliance with House Risk, Portfolio Margin, and Regulation T calculations in a timely manner.
• Experience with triparty repo
• Review, validate, and issue daily margin calls for Prime Brokerage and Equity Swap clients, ensuring accuracy and timeliness.
• Facilitate and approve client asset transfers in and out of the firm using proprietary systems.

Qualifications:

• Bachelor's Degree in Economics, Finance, or a related field.
• 5+ Years Prime Brokerage Operations, with a focus on margin-related processes.
• Strong knowledge of Margin financing platforms including Regulation T, Portfolio Margin, Arranged Financing
• Expertise in Client 4210 strategy-based and risk-based portfolio margin regulations.