Assistant Vice President, Margin Operations Greater Dallas, TX Area + 2 more

The Company is in search of an Assistant Vice President for its Trading & Asset Servicing team, with a focus on enhancing margin operations. The successful candidate will be responsible for the design, implementation, and continuous improvement of the margin operating model, ensuring it is scalable and aligned with regulatory, risk, and business requirements. This role is pivotal in the evolution of the margin lending program, as it directly impacts the client and advisor experience. Key responsibilities include day-to-day margin activities, monitoring and controlling margin operations, and coordinating with various internal and external teams. The ideal candidate will have a strong background in margin, broker-dealer, clearing, or custody operations, with a deep understanding of regulatory requirements and risk management. Applicants for the Assistant Vice President position should have a strong hands-on experience in margin operations, with a focus on brokerage account activity and margin risk. The role requires a candidate with a solid understanding of Regulation T, FINRA Rule 4210, and experience in managing time-sensitive margin activities. Familiarity with short-selling operations, as well as a preference for those with knowledge of Portfolio Margin and risk-based margin methodologies, is essential. The role demands a professional who can demonstrate the ability to build and improve operational capabilities, exercise sound judgment in risk-sensitive situations, and effectively coordinate across various teams. A degree in a relevant field or equivalent experience, along with industry certifications such as Series 7 and Series 57, are preferred.

Hiring Company

State Street