Margin Operations Specialist | Finance Risk & Compliance

Oppenheimer & Co Inc; New York (NY); On-site; USD 60,000 - 80,000; Full time

Job summary

Oppenheimer & Co. Inc. is seeking an experienced Operations specialist for the Margin department in New York.

The role requires strong broker-dealer operations knowledge, a solid grasp of margin rules, risk, and client activity, and the ability to work independently in a fast-paced setting. You will research complex margin situations, collaborate with Operations, Risk, Compliance, Trading, and client-facing teams, and coach junior staff while handling day-to-day workload and ensuring client

Qualifications

• 2+ years of experience in Financial Services.
• Strong understanding of FINRA Rule 4210 and Regulation T.
• Knowledge of Pattern Day Trading requirements, concentrated positions, and other higher-risk account activities.
• Familiarity with margin calls, house requirements, and account liquidations.
• Understanding of options trading and complex account activity.
• Experience reviewing account activity and identifying potential margin and risk-related concerns.
• Bachelor’s degree in finance, business, or a related field preferred.
• High level of proficiency with Microsoft Office applications, including Word, Excel, PowerPoint, and Outlook.
• Ability to work collaboratively in a fast-paced environment with strong time management, organizational, and relationship management skills.
• Demonstrated sense of urgency, strong motivation, attention to detail, and a professional demeanor.

Responsibilities

• Ensure accounts are above the regulatory minimums (Reg T / FINRA 4210) using EMS and Finet.
• Facilitate movements of securities and funds using MJS and Finet disbursement system.
• Work with branches to resolve problems related to the firm’s retail client base.
• Audit data via manual calculations.
• Coach junior staff and share knowledge to aid workload.
• Support senior staff and participate in knowledge transfer.
• Demonstrate first-rate client service; escalate issues to supervisor as appropriate.
• Other functions and tasks as assigned.

Skills

Pattern Day Trading

Broker-dealer operations knowledge

Attention to detail

Time management

Education

Bachelor’s degree in finance, business, or related field

Tools

Microsoft Office

Job description

Oppenheimer & Co. Inc. is seeking an experienced Operations specialist for the Margin department in New York.

The role requires strong broker-dealer operations knowledge, a solid grasp of margin rules, risk, and client activity, and the ability to work independently in a fast-paced setting. You will research complex margin situations, collaborate with Operations, Risk, Compliance, Trading, and client-facing teams, and coach junior staff while handling day-to-day workload and ensuring client