Margin Clerk jobs in Texas
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)
Recently Added Margin Clerk jobs
Margin Specialist
- Robinhood
-
Westlake, TX
FULL_TIME
-
Join a leading fintech company that’s democratizing finance for all.
Robinhood was founded on a simple idea: that our financial markets should be accessible to all. With customers at the heart of our decisions, Robinhood is lowering barriers and providing greater access to financial information. Together, we are building products and services that help create a financial system everyone can participate in.
As we continue to build...
We’re seeking curious, growth minded thinkers to help shape our vision, structures and systems; playing a key-role as we launch into our ambitious future. If you’re invigorated by our mission, values, and drive to change the world — we’d love to have you apply.
About the team role
The Market Operations team at Robinhood is responsible for traditional middle office brokerage operations. Our mission is to deliver an excellent end-customer experience and mitigate firm risk while supporting cutting-edge brokerage and financial products. We’re looking for a specialist to help grow our Margin team.
As a Market Operations Specialist (Margin), you’ll be responsible for account level risk management and operations. You’ll perform essential daily duties to keep our margin business running smoothly, including analyzing and resolving various types of margin calls, communicating with customers via phone or email to resolve escalated issues, reviewing risk-based alerts, testing the functionality of our margin product, and reviewing our outbound communications and educational materials. Additionally, you’ll be expected to help scale our processes, tools, documentation, and workflows, and be a key member in helping us grow our team. Along with the broader Market Operations team, you’ll work cross-functionally with our clearing, product, compliance, and engineering teams to improve operational efficiency and maintain our high-quality standards.
The role is located in the office location(s) listed on this job description which will align with our in-office working environment. Please connect with your recruiter for more information regarding our in-office philosophy and expectations.
What You’ll Do- Review daily margin calls and execute the firm's margin sellout process
- Research, prioritize, and resolve margin-related escalations
- Communicate with customers in a live support environment through email or phone support
- Mitigate firm and customer risk through intraday alert monitoring and proactively resolve account issues
- Partner with our clearing, engineering and product teams to drive efficiency and to improve our margin offering
- Keep detailed records in accordance with standard operating procedures
- Ensure adherence to firm procedures and industry regulations
- Be a subject matter expert during critical system outages or issues
- Bachelor's degree or equivalent practical experience
- FINRA Series 7 and Series 63
- Understanding of equities and option strategies
- Familiarity with Regulation T and Rule 4210
- Exceptional attention to detail and strong problem solving skills
- Strong knowledge of Robinhood's products
- Experience with retail client margin calls
- Bonus: FINRA Series 24 and Series 3
- Market competitive and pay equity-focused compensation structure
- 100% paid health insurance for employees with 90% coverage for dependents
- Annual lifestyle wallet for personal wellness, learning and development, and more!
- Lifetime maximum benefit for family forming and fertility benefits
- Dedicated mental health support for employees and eligible dependents
- Generous time away including company holidays, paid time off, sick time, parental leave, and more!
- Lively office environment with catered meals, fully stocked kitchens, and geo-specific commuter benefits
Zone 1 (Menlo Park, CA; New York, NY; Bellevue, WA; Washington, DC)
$85,000—$100,000 USD
Zone 2 (Denver, CO; Westlake, TX; Chicago, IL)
$75,000—$88,000 USD
Zone 3 (Lake Mary, FL)
$66,000—$78,000 USD
Click Here To Learn More About Robinhood’s Benefits.
We’re looking for more growth-minded and collaborative people to be a part of our journey in democratizing finance for all. If you’re ready to give 100% in helping us achieve our mission—we’d love to have you apply even if you feel unsure about whether you meet every single requirement in this posting. At Robinhood, we're looking for people invigorated by our mission, values, and drive to change the world, not just those who simply check off all the boxes.
Robinhood embraces a diversity of backgrounds and experiences and provides equal opportunity for all applicants and employees. We are dedicated to building a company that represents a variety of backgrounds, perspectives, and skills. We believe that the more inclusive we are, the better our work (and work environment) will be for everyone. Additionally, Robinhood provides reasonable accommodations for candidates on request and respects applicants' privacy rights. To review Robinhood's Privacy Policy please review the specific policy applicable to the country where you are applying. - 11 Days Ago
Mgr, Margin
- Performance Foodservice
-
Temple, TX
FULL_TIME
- Company Description Performance Foodservice, PFG's broadline distributor, maintains a unique relationship with a variety of local customers, including independent restaurants and hotels, healthcare fa...
- 16 Days Ago
Margin Manager - Pool
- Heritage Pool Supply Group, Inc.
-
Mc Kinney, TX
FULL_TIME
- Job SummaryMargin Manager is responsible for driving margin enhancement within Heritage Pool Supply GroupEssential Job Duties & ResponsibilitiesEngage with brand teams to analyze, prioritize and execu...
- 8 Days Ago
Margin Manager - Pool
- SRS Distribution Inc.
-
Mc Kinney, TX
FULL_TIME
- Job Summary Margin Manager is responsible for driving margin enhancement within Heritage Pool Supply Group Essential Job Duties & Responsibilities -Engage with brand teams to analyze, prioritize and e...
- 9 Days Ago
Applications Support- Margin & Collateral
- JPMorgan Chase
-
Houston, TX
FULL_TIME
- Working in Application Support means you'll use both creative and critical thinking skills to maintain application systems that are crucial to the daily operations of the firm. You'll work collaborat...
- 15 Days Ago
Clerk
- Golden State Foods
-
Burleson, TX
FULL_TIME
- Overview JOB SUMMARY : Organizes and maintains inventory of spare parts and supplies to support plant maintenance, janitorial, and safety programs. Responsibilities ESSENTIAL FUNCTIONS : Organizes, mo...
- 1 Day Ago
Margin Clerk jobs at Popular Companies
Administrative Support Clerk
- KACE
-
Dulles, VA
- **THIS POSITION IS CONTINGENT UPON AWARD OF CONTRACT** TITLE: Administrative Support Clerk LOCATION: Dulles, VA and Fort...
- 6/10/2024 12:00:00 AM
Administrative Support Specialist
- Aquent
-
Tampa, FL
- We are seeking a detail-oriented and professional Administrative Support Specialist to join our team. The successful can...
- 6/10/2024 12:00:00 AM
Administrative Support Clerk
- KeyStaff, Inc
-
Naples, FL
- Job Description Job Description We have an immediate need for an Administrative Support Professional within our Collier ...
- 6/7/2024 12:00:00 AM
Administrative Assistant (Administrative Support III)
- Johnson County (KS)
-
Olathe, KS
- Overview A career with Johnson County Government is more than just a job, it is an opportunity to serve a diverse and ex...
- 6/7/2024 12:00:00 AM
Administrative Support Clerk
- Amentum
-
Fort Worth, TX
- *Contingent upon contract award* Located near DFW Airport (south) **Position Summary:** Provide support for the customer...
- 6/6/2024 12:00:00 AM
Clerical Administrative Assistant
- New York City, NY
-
New York, NY
- Under supervision, performs clerical and related work with limited latitude for independent judgment: we are seeking an ...
- 6/6/2024 12:00:00 AM
Administrative Support Specialist
- Securitas Inc.
-
Spokane, WA
- Administrative Support Specialist - Now Hiring! Location: Spokane Valley, WA Starting Pay: $18.00-$20.00/hour Schedule: ...
- 5/9/2024 12:00:00 AM
Administrative Support Specialist
- Securitas Inc.
-
Spokane Valley, WA
- Administrative Support Specialist - Now Hiring! Location: Spokane Valley, WA Starting Pay: $18.00-$20.00/hour Schedule: ...
- 5/9/2024 12:00:00 AM
About Texas
Texas (/ˈtɛksəs/, locally /ˈtɛksɪz/; Spanish: Texas or Tejas Spanish pronunciation: [ˈtexas] (listen)) is the second largest state in the United States by both area and population. Geographically located in the South Central region of the country, Texas shares borders with the U.S. states of Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the west, and the Mexican states of Chihuahua, Coahuila, Nuevo León, and Tamaulipas to the southwest, while the Gulf of Mexico is to the southeast.
Houston is the most populous city in Texas and the fourth largest in the...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Margin Clerk jobs
$38,371 to $49,060
Most Popular Cities in Texas for Margin Clerk Jobs
What does a Margin Clerk do?
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