Margin Operations Specialist

Janney; Philadelphia, Northern (Philadelphia County, KY); Hybrid; USD 60,000 - 85,000; Full time

Benefits offered by this job

Paid parental leave

Paid time off

Referral bonus

Professional development assistance

Job summary

Janney Montgomery Scott LLC seeks a detail‑oriented Margin Operations professional to support daily margin activities and client service for Financial Advisors and branch staff.

The role emphasizes accurate margin reviews, asset movements, and regulatory compliance with FINRA rules. A minimum Bachelor’s degree or equivalent and 1–2 years in financial services are preferred, with Series 7 encouraged.

Qualifications

• Bachelor's degree or equivalent experience.
• Series 7 license preferred or willingness to complete after 6–12 months.

Responsibilities

• Perform daily review of margin accounts and approve issuance of margin calls.
• Approve asset disbursements in retail accounts.
• Respond promptly, accurately and professionally to Financial Advisors and branch personnel.
• Provide exemplary customer service while managing inquiries via phone and email.
• Interacts with branch network regarding remediation of margin accounts requiring action due to down market exposures, and deficit equity.
• Be highly organized in processing and following up with requests and issues.
• Resourceful in resolving issues that cross operational department lines.
• Proficient in general option knowledge and able to calculate naked option requirements.
• Reviews buying power as well as maintenance levels for margin accounts.
• Knowledge of Regulation T and FINRA rules.
• Assist branch personnel in training relating to automated asset movement system.
• Achieve subject matter expertise in the automated asset movement system and participate in enhancements and error resolution.
• Assist with projects to improve processes, controls, regulatory compliance, and risk reduction.

Skills

Analytical ability

Communication

Initiative

Building relationships

Education

Bachelor's degree or equivalent experience

Series 7 license preferred

Tools

Excel

Access

Microsoft Office

PDF software

Job description

Janney Montgomery Scott LLC seeks a detail‑oriented Margin Operations professional to support daily margin activities and client service for Financial Advisors and branch staff.

The role emphasizes accurate margin reviews, asset movements, and regulatory compliance with FINRA rules. A minimum Bachelor’s degree or equivalent and 1–2 years in financial services are preferred, with Series 7 encouraged.