Margin Department Supervisor jobs in Inglewood, CA
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)
Recently Added Margin Department Supervisor jobs
- D.A. Davidson Companies
-
Los Angeles, CA
FULL_TIME
-
Job Description:
Summary/Function:
Compute margin requirements to ensure compliance with industry and firm regulations and requirements. Participate in the bookkeeping and daily activities of the department to contribute to efficient and effective business operations. Compile financial data to determine customer margin (equity) in stock purchased.
Experience and Skills:Qualifications:
- High School diploma or comparable work experience. AA degree in accounting preferred.
- Ability to operate a computer and adding machine by touch.
- Strong computer skills to include Microsoft Outlook, Word and Excel.
- Strong organizational skills and attention to detail.
- Familiar with department policies and procedures.
- Strong communications skills, verbal and written.
- Strong customer service skills.
- Ability to troubleshoot and resolve problems.
- Working knowledge of House, SEC and Exchange margin and cash account requirements, safekeeping, segregation, etc.
- Follow policies and procedures. Maintain client confidentiality.
- Communicate in a clear and service oriented manner. Use appropriate, professional language and grammar to effectively exchange ideas and information.
- Ability to proactively work with both external and internal clients. Relate with others in a professional manner in order to accomplish work responsibilities and objectives.
- Ability to maintain regular, predictable attendance.
Duties:
- Compile data, using a computer, to determine customer margin (equity) in stocks purchased and total customer account value, and to compute the difference between purchase price of stock and present market value to show amount due to firm.
- Notify Financial Advisor (FA) and supervisor when customer margin is lees that government regulations or firm requirements. Resolve customer margin account problems using customer account information and transaction records.
- Work closely with FAs, Client Associates and clients in all accounting, bookkeeping and day to day activities of the department to include:
- Make journal entries and adjustments to client and firm accounts. Review activity for proper approvals.
- Balance mid-month payroll write off accounts.
- Balance end of month trade error accounts.
- Post checks out of client accounts. Print checks and distribute them based on branch instructions.
- Deposit incoming funds to client accounts. Process daily check deposits.
- Approve check and Fed Wire transfers for clients.
- Perform any other duties as assigned.
What we offer:
Competitive salary plus excellent benefits and perks including, but not limited to:
- Medical, Dental and Vision
- Company 401(k)and ESOP contribution
- Generous sick, vacation, and maternity/parental leave
- Paid holidays
- Professional Development Opportunities
- Tuition Reimbursement ($15,000 lifetime cap)
- Discounted personal insurance including home, auto and recreational vehicles
- Charitable gift-matching program
- Davidson Day of Giving - Our tradition of positively impacting communities in which we live and work.
D.A. Davidson has been in business for over 87 years! As an employee-owned company, our success is driven by our high standards of business ethics, integrity, and the belief that our Associates are our most important assets. We hope you will consider joining us!
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
From: D.A. Davidson Companies - 23 Days Ago
- Department of Justice
-
Los Angeles, CA
FULL_TIME
- Job Description and Duties Under the general direction of the Division of Law Enforcement’s (DLE), Office of the Chief Staff Services Manager (SSM) II, the CAS directs and supervises the activities of...
- 17 Days Ago
- Department of Justice
-
Los Angeles, CA
FULL_TIME
- Job Description and Duties Under the general direction of the Division of Law Enforcement’s (DLE), Office of the Chief Staff Services Manager (SSM) II, the CAS directs and supervises the activities of...
- 17 Days Ago
- The Home Depot
-
Baldwin, CA
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...
- 18 Days Ago
- The Home Depot
-
Downey, CA
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...
- 9 Days Ago
- Fresh & Ready Foods
-
San Fernando, CA
FULL_TIME
- We have an opening for a DEPARTMENT SUPERVISOR position. Location: 1145 Arroyo Ave San Fernando, CA 91340. Note: online applications accepted only. Schedule: Full Time; Mornings.Monday– Saturday, days...
- 9 Days Ago
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- Inglewood, CA
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0 Margin Department Supervisor jobs found in Inglewood, CA area
- Element Materials Technology
-
Duarte, CA
- Element has an opportunity for a Polymer Department Supervisor. The Department Supervisor is a key member of the departm...
- 4/27/2024 12:00:00 AM
- Acp Advisornet
-
Gardena, CA
- CompanyAir Fayre CA Inc. Industry Operations & Logistics Location Gardena , CA Position overview The Equipment Superviso...
- 4/26/2024 12:00:00 AM
- Crystal Stairs
-
Los Angeles, CA
- Crystal Stairs, Inc. Improving the Lives of Families through Childcare Services, Research, and Advocacy Crystal Stairs i...
- 4/26/2024 12:00:00 AM
- Element Materials Technology
-
Duarte, CA
- Element has an opportunity for a PolymerDepartment Supervisor. The Department Supervisor is a key member of the departme...
- 4/25/2024 12:00:00 AM
- Acp Advisornet
-
Gardena, CA
- CompanyAir Fayre CA Inc. Industry Operations & Logistics Location Gardena , CA Position Overview Air Fayre provides mode...
- 4/24/2024 12:00:00 AM
- Maverick Acquisition Ventures Inc
-
Torrance, CA
- Job Description Job Description Full job description We are seeking a highly motivated and experienced Leader of Freight...
- 4/24/2024 12:00:00 AM
- Special Service for Groups, Inc- HOPICS
-
Los Angeles, CA
- SPECIAL SERVICE FOR GROUPS, INC JOB DESCRIPTION Title: Housing Department Supervisor Division: HOPICS/Housing Department...
- 4/23/2024 12:00:00 AM
- Teledyne Controls
-
El Segundo, CA
- Teledyne Controls specializes in providing cutting-edge onboard avionics systems and ground-based applications to facili...
- 4/23/2024 12:00:00 AM
About Inglewood, California
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