Responsibilities
- Initiate, review, and manage exceptions to the firm's current margin policy
- Perform daily margin processes: managing margin calls and monitoring accounts for accuracy and sufficient collateral
- Review asset transfers (funds and securities)
- Strong understanding of REG-T Margin guidelines, Day-Trade rules and complex option strategies
- Take-action on at-risk accounts for adherence to the firm's policy, market conditions, or individual account behavior
- Support customer service in identifying, managing, and resolving client margin issues via email, phone, or instant-message responses
- Assess risk and apply closing transactions in high-pressure and fast-moving market conditions
- Escalate risk related issues to various leaders in all lines of business
- Participate in cross-functional initiatives aimed at formulating policy and improving systems used to manage risk and execute client orders
- Provide regular reporting to direct management
- Contribute positively to the client experience by developing and sharing operational process enhancement ideas to the broader organization Qualifications
- A Bachelor's Degree in Business or a Finance related field
- Ability to clearly articulate complex ideas to any audience within the organization
- Willingness and desire to learn new skills related to all aspects of brokerage operations
- Detail-oriented and have a proactive approach to identifying risk and effecting change
- 2+ years of work experience in the broker-dealer space, preferably in Margin Operations or Equity/Options Trading
- Strong understanding of margin balances and buying power across multiple products (REG-T, REG-U, Options and Portfolio Margin)
- Working regulatory knowledge of FINRA 4210, Federal Regulation T, U, Portfolio Margin and Pattern Day-Trading.
- Solid understanding of trading strategies, and current financial market conditions
- Knowledge of financial markets, derivatives, and margin (Regulation T)
- Knowledge of Excel and other Microsoft Office products in addition to systems such as Tableau, Bloomberg, etc.
- Willingness to learn new processes/systems
Role is Hybrid and will require in office attendance 3 days/week.
Salary range for the position: $65,000 and $102,500 per year. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.
