Margin / Cashiering Associate

Our client, a subsidiary of a large insurance company, is seeking a Margin / Cashiering Associate with 3 + years margin - cashiering / brokerage operations experience.  The ideal candidate will be responsible for liaising between the sales force and clearing agent and responding to requests from Sales such as balance inquiries, check requests and wiring funds. 

 

Major Responsibilities:
React to all requests that are received from the Sales Department such as wiring, check requests and balance inquiries.
Liaise between Sales and the clearing agent regarding margin calls and Reg T extensions
Notify Sales of all reorg instructions and processing tender instructions
Review all new account documentation to ensure accuracy before submitting to clearing agent
Deposit and forward all funds and securities to the clearing agent and all adjustments to the proper internal department
Communicate with trading area to resolve trading discrepancies and make the proper adjustments needed
Keep proper record of journal requests and wiring of funds

 

Job Requirements:
3+ years margin, brokerage operations reorg, and cashiering experience
Superior telephone and communication skills required
Prior bookkeeping and or accounting experience preferred
Experience with Pershing systems
Willingness to obtain Series 7, 24, 63, 65 or 66 licenses
Bachelor?s degree preferred