Analyst - Margin Lending
Spectraforce
Salt Lake City, Utah
3 hours ago
Job Description
Job title: AWM - Operations - PWM Margin Lending - Analyst
Duration: 6 months
Location: Salt Lake City, UT
Job Description:
The Margin Lending Analyst will support the Private Wealth Management (PWM) Margin Lending team in delivering operational excellence across margin calculation, monitoring, and exception handling. This position is essential for ensuring adherence to regulatory requirements and upholding client service standards, while providing comprehensive support to the advisor team.
We promote cross-training and ensure our Analysts develop a broad level of understanding across the varied departmental functions carried out. You can expect to be given early responsibility, and in return, you will be expected to contribute your own ideas to make a difference and add value to the group. The role will involve close interaction with other areas of the bank, including Credit, Risk, and Sales, therefore requiring strong communication and interpersonal skills.
Key Responsibilities:
• Margin Call Issuance & Monitoring: Execute daily margin calculations, validate call amounts, and issue margin calls in accordance with regulatory and internal guidelines.
• Exception Handling: Monitor and resolve margin exceptions, including non-call issuance and late liquidations, ensuring risk mitigation and compliance.
• Manual Support: Provide manual margin calculations and overrides for high-value clients not supported by automated tools.
• Regulatory Governance: Apply margin rules (e.g., Reg T, FINRA 4210) and ensure adherence to firm-wide control frameworks.
• Reporting & Documentation: Maintain accurate records of margin activity, support audit requests, and contribute to control updates.
• Responding to all incoming queries and interacting with many different areas of the bank, in particular with Risk, Credit, and Technology.
• Proactively working on enhancing the team’s process and controls.
• Resolution and escalation of all client disputes and queries.
• Project and initiative management and participation within the team and across all regions.
At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws. This position’s starting pay is: $ 23.00/hr.
Duration: 6 months
Location: Salt Lake City, UT
Job Description:
The Margin Lending Analyst will support the Private Wealth Management (PWM) Margin Lending team in delivering operational excellence across margin calculation, monitoring, and exception handling. This position is essential for ensuring adherence to regulatory requirements and upholding client service standards, while providing comprehensive support to the advisor team.
We promote cross-training and ensure our Analysts develop a broad level of understanding across the varied departmental functions carried out. You can expect to be given early responsibility, and in return, you will be expected to contribute your own ideas to make a difference and add value to the group. The role will involve close interaction with other areas of the bank, including Credit, Risk, and Sales, therefore requiring strong communication and interpersonal skills.
Key Responsibilities:
• Margin Call Issuance & Monitoring: Execute daily margin calculations, validate call amounts, and issue margin calls in accordance with regulatory and internal guidelines.
• Exception Handling: Monitor and resolve margin exceptions, including non-call issuance and late liquidations, ensuring risk mitigation and compliance.
• Manual Support: Provide manual margin calculations and overrides for high-value clients not supported by automated tools.
• Regulatory Governance: Apply margin rules (e.g., Reg T, FINRA 4210) and ensure adherence to firm-wide control frameworks.
• Reporting & Documentation: Maintain accurate records of margin activity, support audit requests, and contribute to control updates.
• Responding to all incoming queries and interacting with many different areas of the bank, in particular with Risk, Credit, and Technology.
• Proactively working on enhancing the team’s process and controls.
• Resolution and escalation of all client disputes and queries.
• Project and initiative management and participation within the team and across all regions.
Applicant Notices & Disclaimers
- For information on benefits, equal opportunity employment, and location-specific applicant notices, click here
At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws. This position’s starting pay is: $ 23.00/hr.