What are the responsibilities and job description for the AVP/VP - Portfolio Margin position at Phaxis?
A well-established broker-dealer is seeking an experienced Margin risk candidate to join their team. This role is responsible for ensuring compliance with key margin regulations, overseeing daily margin operations, and supporting Prime Brokerage and Equity Swap clients.
Direct Hire - Hybrid in Lower Manhattan
Key Responsibilities:
- Ensure compliance with House Risk, Portfolio Margin, and Regulation T calculations, ensuring accuracy and timeliness.
- Manage triparty repo processes efficiently.
- Review, validate, and issue daily margin calls for Prime Brokerage and Equity Swap clients.
- Approve and facilitate client asset transfers in and out of the firm using proprietary systems.
Qualifications:
- Bachelor’s degree in Economics, Finance, or a related field.
- 5 years of experience in Prime Brokerage Operations, with a strong focus on margin-related processes.
- In-depth knowledge of margin financing platforms, including Regulation T, Portfolio Margin, and Arranged Financing.
- Expertise in Client 4210 strategy-based and risk-based portfolio margin regulations.
Salary : $120,000 - $170,000
