Margin Clerk jobs in New York

Margin Clerk compiles data and determines customer margin in stock purchased. Determines brokerage fees and notifies supervisor when customer margin is less than government regulations or brokerage firm requirements. Being a Margin Clerk researches customer margin account problems using customer account information and transaction records. May require an associate degree. Additionally, Margin Clerk typically reports to a supervisor or manager. The Margin Clerk works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Margin Clerk typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)

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Margin Dispute Analyst - Hybrid
  • Citi
  • GETZVILLE, NY OTHER
  • The Margin Dispute Analyst position is a developing professional role. This role identifies policy and applies specialty knowledge in monitoring and assessing processes and data. Integrates established disciplinary knowledge within own specialty area with basic understanding of related industry practices. Good understanding of how the team interacts with others in accomplishing the objectives of the area. Develops working knowledge of industry practices and standards. Must be able to exchange information in a concise and logical way as well as be sensitive to audience diversity. Limited but direct impact on the business through the quality of the tasks/services provided. Impact of the job holder is restricted to own team.

     

    Responsibilities:

    • Monitor margin collateral is requested from counterparties in a timely manner
    • Provide superior customer service when answering client queries
    • Ensure cash and securities collateral is settled within market cutoffs
    • Develop understanding of industry regulations, tools, and best practices
    • Build relationships and collaborate with internal teams to create operational efficiencies
    • Assist in the preparation of audit documentation
    • Follow all established procedures and make recommendations for enhancements
    • Perform trade and collateral reconciliations as needed 
    • Other job-related duties may be assigned as required.

     

    Qualifications:

    • 0-2 years relevant experience
    • Consistently demonstrates clear and concise written and verbal communication skills
    • Intermediate level Microsoft skills including Excel, Word and Outlook, computer literate and ability to grasp several in house systems quickly
    • Good attention to detail

     

    Education:

    • Bachelor’s/University degree or equivalent experience

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    Job Family Group:

    Operations - Transaction Services

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    Job Family:

    Securities and Derivatives Processing

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    Time Type:

    Full time

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    Primary Location:

    Getzville New York United States

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    Primary Location Full Time Salary Range:

    $55,341.00 - $68,270.00


    In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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    Anticipated Posting Close Date:

    Apr 11, 2024

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    Citi is an equal opportunity and affirmative action employer.

    Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

    Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

    View the "EEO is the Law" poster. View the EEO is the Law Supplement.

    View the EEO Policy Statement.

    View the Pay Transparency Posting

  • 18 Days Ago

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Accounts Payable Clerk
  • Accounts Payable Clerk
  • New York, NY FULL_TIME
  • The Carlyle, A Rosewood Hotel is currently recruiting for an Accounts Payable Clerk. The ideal candidate will be responsible for ensuring that all payable transactions are posted regularly and payment...
  • 8 Days Ago

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Maintenance Associate- Maintenance Clerk
  • Maintenance Clerk - Hendrickson Careers
  • Medina, NY FULL_TIME
  • Position Purpose: Responsible for ordering material and or equipment for the Maintenance Department. Entering received items into COGZ System. Hourly Pay Range: $20.00 - $28.85 Essential Functions: Ma...
  • 12 Days Ago

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Web Developer, Equity PS Margin
  • Jefferies
  • New York, NY FULL_TIME
  • Job Description: As part of the Global Equities Prime Services technology team, an opportunity exists for a senior level C#/SQL developer to work on the firm’s global equities Margin calculation syste...
  • 20 Days Ago

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Application Developer, Equity PS Margin
  • Jefferies
  • New York, NY FULL_TIME
  • Job Description: As part of the Global Equities Prime Services technology team, an opportunity exists for a senior level JAVA/SQL developer to work on the firm’s global equities Margin calculation sys...
  • 20 Days Ago

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Assistant Vice President - Margin and Collateral Exception Management
  • Hispanic Technology Executive Council
  • Getzville, NY FULL_TIME
  • Summary:We are looking for enthusiastic and energetic team players, with a strong work ethic, who will join Markets Operations. This is an Assistant Vice President (AVP) role within the Markets Operat...
  • 18 Days Ago

New York is a state in the Northeastern United States. New York was one of the original thirteen colonies that formed the United States. New York covers 54,555 square miles (141,300 km2) and ranks as the 27th largest state by size.[3] The highest elevation in New York is Mount Marcy in the Adirondacks, at 5,344 feet (1,629 meters) above sea level; while the state's lowest point is at sea level, on the Atlantic Ocean. In contrast with New York City's urban landscape, the vast majority of the state's geographic area is dominated by meadows, forests, rivers, farms, mountains, and lakes. Most of...
Source: Wikipedia (as of 04/17/2019). Read more from Wikipedia
Income Estimation for Margin Clerk jobs
$41,615 to $53,212

Margin Clerk in Richland, WA
As a tool, NetSuite offers a robust feature set to calculate and report margins for items and transactions.
February 15, 2020
Margin Clerk in La Crosse, WI
Keeping a pulse on product margins is a critical task that needs active attention and mindshare from the executive team.
February 16, 2020
Margin Clerk in Vineland, NJ
“Margin clerks, risk managers and spouses make the decision to liquidate at market bottoms,” Shaoul’s team wrote.
January 15, 2020