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Form of workBCforward is currently seeking a highly motivated Margin Analyst for an opportunity in Jersey City, NJ!
Position Title: Margin Analyst
Location: Jersey City, NJ
Anticipated Start Date: 05/16/2024.Please note this is the target date and is subject to change. BCforward will send official notice ahead of a confirmed start date.
Expected Duration: 6 Months contract + Possible extension/ FTE conversion.
Job Type: Contract/Hybrid
Pay Range: $42.57/Hour - $43.45/HourJob Description:Requirements:This role is for a Margin Analyst within Wealth Management Capital Markets Operations. The candidate will be supporting the heritage securities cash and margin accounts of Organization. Strong Excel and analytical skills are required, whereas an introductory knowledge of Margin lending and the trading mechanics of various security types (equities, fixed income, options) is preferred. Some of the primary duties of this role include:
- Monitoring daily exception reports and working with account representatives to resolve
- Maintaining client attributes and updating margin haircuts in response to market conditions and risk evaluations
- Producing simulated margin calculations upon request by clients and Risk partners
- Generating metrics and KPI reporting to senior management
- Approving collateral withdrawals (wires, security deliveries, journal entries)
Required
- BA or BS degree is required.
- Accounting or Finance a plus 2-3 years of experience in Investment Banking Operations including 1 year of Derivatives knowledge is required.
- Prior experience or knowledge of the following products a plus; credit default swaps, credit spread.
Founded in 1998 on the idea that industry leaders needed a professional service, and workforce management expert, to fuel the development and execution of core business and technology strategies, BCforward is a Black-owned firm providing unique solutions supporting value capture and digital product delivery needs for organizations around the world. Headquartered in Indianapolis, IN with an Offshore Development Center in Hyderabad, India, BCforward's 6,000 consultants support more than 225 clients globally.
BCforward champions the power of human potential to help companies transform, accelerate, and scale. Guided by our core values of People-Centric, Optimism, Excellence, Diversity, and Accountability, our professionals have helped our clients achieve their strategic goals for more than 25 years. Our strong culture and clear values have enabled BCforward to become a market leader and best in class place to work.
BCforward is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability.
To learn more about how BCforward collects and uses personal information as part of the recruiting process, view our Privacy Notice and CCPA Addendum. As part of the recruitment process, we may ask for you to disclose and provide us with various categories of personal information, including identifiers, professional information, commercial information, education information, and other related information. BCforward will only use this information to complete the recruitment process.
This posting is not an offer of employment. All applicants applying for positions in the United States must be legally authorized to work in the United States. The submission of intentionally false or fraudulent information in response to this posting may render the applicant ineligible for the position. Any subsequent offer of employment will be considered employment at-will regardless of the anticipated assignment duration.
Interested candidates please send resume in Word format Please reference job code 221493 when responding to this ad.
