Operations Associate-Margins

Stifel; St. Louis (MO); On-site; USD 55,000 - 70,000; Full time

Job summary

Stifel is seeking a Margin Operations Associate to support Financial Advisors and branch staff with margin and brokerage account needs across the firm. You will learn to review accounts, research margin requirements, resolve account issues, and provide accurate and timely support.

You will gain hands-on experience with margin and cash accounts, buying power, trading activity, and account requirements while working alongside experienced team members.

Qualifications

• Bachelor's degree or equivalent experience.
• 1+ years professional business related experience.
• Proficient in Microsoft Office Suite (Outlook, Word, Excel, PowerPoint).

Responsibilities

• Review accounts and research margin requirements.
• Resolve account issues and provide timely support.
• Notify branch offices of action items and regulatory deadlines.
• Document trading violations and apply account restrictions as appropriate.
• Research and review outstanding debit balances and assist in resolving trade exceptions.

Skills

Attention to detail

Problem-solving

Teamwork

Willingness to learn

Organizational skills

Independence

Education

Bachelor's degree or equivalent

1+ years professional business related experience

Tools

Microsoft Office Suite

Job description

Why Stifel

Stifel strives for a culture that puts its clients and associates first: a culture where everyone belongs, everyone is welcome, and everyone contributes to the success of our clients, their careers, and the firm as a whole.

Let's talk about how you can find your place here at Stifel,where success meets success.

What You'll Be Doing

Join a team that supports Financial Advisors and branch associates with margin and brokerage account needs across the firm. As a Margin Operations Associate, you'll learn to review accounts, research margin requirements, resolve account issues, and provide accurate and timely support.

You'll gain hands-on experience with both margin and cash accounts, buying power, trading activity, and account requirements while working alongside experienced team members. Success in this role comes from attention to detail, strong problem-solving skills, teamwork, and a willingness to learn.

This is a great opportunity to build a strong foundation in financial services while developing specialized knowledge in brokerage operations, trading, and margin.

What We're Looking For

• Notify branch offices of action items and regulatory deadlines.
• Assist in enforcing firm policies and industry regulations.
• Research and review outstanding debit balances and assist in resolving trade exceptions.
• Document trading violations and apply account restrictions as appropriate.
• Develop effective communication skills within the department.
• Provide timely updates on progression of job responsibilities to leadership.
• Demonstrate the ability to work collaboratively within a team.

What You'll Bring

• Demonstrate the ability to attain a general understanding of industry rules/regulations and Stifel policies that pertain to the department.
• Strong attention to detail skills to minimize risk to the firm.
• Initiative and self-direction when performing tasks with the ability to organize and prioritize effectively in order to meet deadlines.
• Able to handle large workloads that vary based on heavy volume periods.
• Ability to work autonomously throughout the day based on performance criteria provided by leadership.

Education & Experience

• Minimum Required: Bachelor's Degree or equivalent experience.
• Minimum Required: 1+ years professional business related experience.

Systems & Technology

• Proficient in Microsoft Office Suite, including Outlook, Word, Excel, and PowerPoint. #LI-AS1

About Stifel

Stifel is more than 130 years old and still thinking like a start-up. We are a global wealth management and investment banking firm serious about innovation and fresh ideas. Built on a simple premise of safeguarding our clients' money as if it were our own, coined by our namesake, Herman Stifel, our success is intimately tied to our commitment to helping families, companies, and municipalities find their own success.

While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations. Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more. Let's talk about how you can find your place here at Stifel, where success meets success.

At Stifel we offer an entrepreneurial environment, comprehensive benefits package to include health, dental and vision care, 401k, wellness initiatives, life insurance, and paid time off.

Stifel is an Equal Opportunity Employer.