Margin Clerk jobs in Wilmington, DE

As a member of the Operations team, you will help drive our clients’ business forward, while getting a behind-the-scenes look at how our own businesses run, you’ll work on implementing new ideas to improve and enhance our client services - driving increased productivity and efficiencies for our clients and the firm.

The Collateral Services Team supports bilateral OTC derivative collateral requirements and all related settlements. The Client Service Representative will deal primarily with buy-side clients (Hedge Funds, Investment Advisors/Asset Managers) and will develop partnerships internally with various Marketers/Salespeople, individuals in Prime Brokerage, Credit Executives, Middle Offices, and Line of Business Operations Teams

Job Responsibilities 

• You will be client focused, able to work independently under strict deadlines with limited supervision, be control oriented
• Efficiently and accurately process both outgoing and incoming margin calls and provide transparency to the client on the margin call when necessary
• Ensuring all transfers agreed are eligible under the appropriate legal document
• Responding to client inquiries, and when needed, coordinate with the appropriate Front/Middle Office as well as the core processing area in order to facilitate resolution
• Identifying and resolving client disputes related to both collateral and trade settlement discrepancies
• Risk Mitigation (Operational, Financial and Reputational)
• Maintaining and building excellent relationships with both internal partners and external clients

Required Qualifications, Capabilities, and Skills 

• Desire to work in a fast-paced environment
• Self-motivated, enthusiastic with a great appetite to learn and develop new skills
• Excellent time management skills and the ability to organize and prioritize work in a busy environment with the ability to work under pressure and to deadlines

Preferred qualifications capabilities and Skills 

• Previous exposure to financial products including securities and derivatives instruments advantageous but not essential.
• Process oriented with strong attention to detail, highly entrepreneurial, creative, open-minded, persistent, highly collaborative and with a passion for delivering business results.
• Excellent relationship building & influencing skills, with strong written and oral communication and interpersonal skills.