Assistant Vice President, Margin Operations, Wealth Custody & Clearing 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. This pivotal role involves the design, implementation, and continuous improvement of the margin operating model, ensuring it aligns with regulatory, risk, and business requirements. The successful candidate will be responsible for day-to-day margin activities, including the management of margin calls, account restrictions, and liquidations. A strong understanding of Regulation T, FINRA Rule 4210, and experience with margin risk is essential. The role also requires the ability to monitor and manage emerging risks, coordinate with various internal and external teams, and contribute to the broader brokerage operations. Applicants for the Assistant Vice President position should have a background in margin, broker-dealer, clearing, custody, trading, or financial services operations, with a preference for those with experience in an introducing broker-dealer or RIA custody model. The role demands a candidate with a hands-on approach, the ability to lead through influence, and a commitment to maintaining a controlled and effective brokerage experience. A degree in a relevant field or equivalent experience is required, along with a minimum of 5 years in a related role. Professional certifications such as Series 7 and Series 57 are preferred, and experience with Portfolio Margin and risk-based methodologies is a significant plus. The ideal candidate will be adept at operational reporting, reconciliations, and have a strong understanding of brokerage operations, including trading and corporate actions.

Hiring Company

State Street