Entry Level Brokerage Ops (Max $20/hr W2)

Lenmar Consulting Inc.Baltimore, MD
$20Hybrid

About The Position

This is an entry-level role in Brokerage Operations with a maximum pay of $20/hr W2. The position requires hybrid work, with 3 days per week in the office. A Bachelor's degree is strongly preferred. The role involves communication with brokers, internal and external clients, processing margin files, ensuring timely margining for Derivatives trades, mitigating daily risk by connecting with clients for margin and settlement intentions, monitoring aging margin fails for regulatory compliance, and resolving breaks.

Requirements

  • Entry level role
  • Experience in either operations, client relationship management or process improvement
  • Excellent communication skills with peers and stakeholders
  • Must have ability to work under a deadline-driven environment and prioritize accordingly
  • Be able to think like an Owner
  • Proven ability to build credibility and strong relationships
  • Must have strong problem solving skills and attention to detail

Nice To Haves

  • BACHELOR'S STRONGLY PREFERRED

Responsibilities

  • Communication with brokers, internal and external clients.
  • Process margin files and ensure all margin calls are met by EOD.
  • Ensure successful and timely margining process for all Derivatives related Trades.
  • Mitigate daily risk by connecting with clients to request their margin and settlement intentions and monitoring aging margin fails to ensure regulatory compliance.
  • Resolution of breaks.
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