Margin Department Supervisor jobs in Illinois

Margin Department Supervisor oversees the operations of the margin department. Approves or denies credit to clients and monitors account activity. Being a Margin Department Supervisor ensures compliance with all relevant government regulations. May require a bachelor's degree in area of specialty. Additionally, Margin Department Supervisor typically reports to a manager or head of a unit/department. The Margin Department Supervisor supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. Thorough knowledge of department processes. To be a Margin Department Supervisor typically requires 3-5 years experience in the related area as an individual contributor. (Copyright 2024 Salary.com)

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Margin & Collateral
  • JPMorgan Chase
  • Chicago, IL FULL_TIME
  • DESCRIPTION:

    Duties: Forecast funding needs in order to support trading activity. Settle cash and collateral, taking into account market standard and Clearing House and currency cut-offs. Settle collateral and cash movements instructed by the Global Treasury Team and the Client Service Teams. Perform checks for Collateral Acceptability. Maintain sufficient funding in all bank accounts for global currencies and regulatory origins. Support FX trade settlements. Perform Reconciliation of Cash balances in Nostro accounts. Perform investigation on payments made by SWIFT as needed for client inquiries. Perform RegW calculations for Federal Reserve Reporting. Automate manual processes by use of self-solve tools like Alteryx. Partner with Technology team for providing Business Requirements and conduct User Acceptance Testing.


    QUALIFICATIONS:

    Minimum education and experience required: Bachelor's degree in Business Administration, Economics, Finance, Accounting or related field of study plus 2 years of experience in the job offered or as Financial Analyst, Financial Associate or related occupation.

    Skills Required: Requires experience in the following: Margining process; clearing and settlement using Banking and Custodial channels; Standard Settlement Instruction; Swift Messaging protocol; FX settlement; Collateral Eligibility; Reconciliation; Advanced Excel; Accounting; Alteryx; CFTC Client Money regulation.

    Job Location: 10 South Dearborn St, Chicago, IL 60603.  Telecommuting permitted up to 40% of the week.

  • 5 Days Ago

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Production Supervisor - Kankakee,IL
  • Signode -Production Supervisor
  • Kankakee, IL FULL_TIME
  • Production Supervisor - Kankakee,IL Apply Now Description/Job Summary About Signode:With over $2B in revenue, 80 manufacturing facilities across 6 continents and over 9,000 employees worldwide, Signod...
  • 27 Days Ago

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Dock Supervisor - Full Time
  • Dohrn Transfer -Dock Supervisor
  • Falls, IL FULL_TIME
  • Dock Supervisor - Full Time Apply Now Description/Job Summary Dohrn Transfer is a leading Midwest LTL Carrier providing less-than-truckload, truckload, and value-added services throughout our 10-state...
  • 27 Days Ago

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Department Supervisor
  • The Home Depot
  • Mount Prospect, IL FULL_TIME
  • Job DescriptionDepartment Supervisors lead, train, coach and develop associates in each department to ensure customers receive excellent service and can easily find the merchandise they need. In addit...
  • 15 Days Ago

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Department Supervisor
  • The Home Depot
  • Northlake, IL FULL_TIME
  • Job DescriptionDepartment Supervisors lead, train, coach and develop associates in each department to ensure customers receive excellent service and can easily find the merchandise they need. In addit...
  • 15 Days Ago

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Department Supervisor
  • Home Depot
  • Champaign, IL FULL_TIME
  • Job Description Department Supervisors lead, train, coach and develop associates in each department to ensure customers receive excellent service and can easily find the merchandise they need. In addi...
  • 21 Days Ago

Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP), the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hu...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Margin Department Supervisor jobs
$87,282 to $109,949