What are the responsibilities and job description for the Margin Associate position at Insigneo?
We're seeking a dynamic Margin Associate to join our team and play a crucial role in ensuring the accuracy and efficiency of our margin management processes. In this role, you'll be the key point of contact between our clients, custodians, and internal risk teams, providing expert support and education.
JOB RESPONSIBILITIES / MAIN FUNCTIONS
- Conduct daily reviews of margin notices from various custodians, identifying and addressing potential issues promptly.
- Execute critical tasks related to margin notices, including processing extensions, escalating errors, and generating comprehensive reports.
- Serve as the primary point of contact for custodians regarding all margin-related inquiries and ensure smooth communication and resolution of issues.
- Work closely with the internal Risk Department to address any margin-related concerns or issues that arise.
- Develop training materials and provide ongoing education to staff and clients on margin processes, requirements, and best practices.
- Act as the key contact for reviewing potential securities-backed lending accounts from other firms, ensuring thorough due diligence.
- As an extension of the operations team, assist with trade corrections, managing trade rules systems, resolving general inquiries, and supporting other operational tasks as needed.
- Accurately calculate regulatory and custodian margin requirements, translating complex information into clear and concise explanations for clients.
JOB REQUIREMENTS (EDUCATION, EXPERIENCE, KNOWLEDGE, SKILLS AND CAPABILITIES)
