Margin Operations Analyst

Altruist•Dallas, TX

3d•Hybrid

About The Position

Altruist is transforming the multi-trillion dollar wealth management industry by building an AI platform for wealth professionals. We partner with financial advisors nationwide, empowering them to grow, optimize time and resources, and deliver superior outcomes for their clients. We're looking for exceptional talent to help us achieve our mission of making financial advice better, more affordable, and accessible to all. If you're passionate about challenging the status quo and want to do the most important work of your life, we'd love to meet you! But first, our values Kindness - Kindness doesn’t just equal niceness. We listen to understand. We embrace, and encourage healthy debate and diverse perspectives. We approach conflict openly, honestly, and respectfully. Brilliance - Humility is the skill we’re most proud of and possessing a growth mindset is always top of mind. We take ownership in everything we touch; regularly using our unique superpowers to reach a common goal as a team. We succeed and fail as one. Grit - When challenges arise, we stay laser focused on achieving our mission and finding a way forward, even when it’s hard. We are nimble and maintain a sense of urgency, swiftly adapting to change and overcoming obstacles. The opportunity Altruist is expanding its trading and credit capabilities with the launch of Margin and Options, two of the most operationally and risk-intensive offerings at a modern custodian. We’re hiring a Margin Operations Analyst to support the daily execution, monitoring, and control of margin lending activity across client accounts. This role sits within the Margin & Options Operations team and reports to the Manager, Margin & Options Operations. It is a hands-on operational role responsible for ensuring margin accounts remain compliant with regulatory requirements while delivering a clear, consistent experience for advisors. If you enjoy detailed operational work, risk monitoring, and problem-solving in fast-moving markets—and want to be close to both Trading and Risk decisions—this role offers meaningful responsibility and growth. Your impact As a Margin Operations Analys t , you will play a critical role in protecting both clients and the firm by ensuring margin activity is monitored, reviewed, and resolved accurately and on time. You will be a first line of defense for margin risk, working daily in core risk systems and partnering closely with Trading, Compliance, and the Trade Desk.

Requirements

2–5 years of experience in brokerage, clearing, or margin operations
Hands-on experience with margin calls, debit balances, or credit monitoring strongly preferred
Familiarity with Reg T, maintenance margin, and PDT rules
Experience working with exception reports and time-sensitive operational workflows
Experience with platforms such as FIS Phase 3 , Stream Credit Monitor (SCM) , or similar credit systems
Strong Excel skills; comfort working with operational reports and internal tools
FINRA Series 7 required or ability to obtain within a defined timeframe
High attention to detail and strong sense of accountability
Ability to prioritize work in fast-paced, deadline-driven environments
Clear written and verbal communication skills for advisor and internal interactions
Sound judgment and comfort escalating issues when risk thresholds are breached

Nice To Haves

Exposure to OMS/risk tools such as Sterling or equivalent a plus
Series 4 or 24 a plus, but not required

Responsibilities

Review and process all daily margin calls, including Reg T, Maintenance, House, and Day Trade calls
Monitor call aging and ensure adherence to firm and regulatory timelines (T+1 through T+5)
Issue margin call notifications to advisors and track resolution through funding or liquidation
Escalate aged, high-risk, or unusual margin calls to the Manager for review
Monitor daily debit balances in margin and cash accounts using internal tooling and FIS reports
Enforce policies related to debit balances, including liquidation thresholds and exception handling
Track and apply Pattern Day Trader (PDT) , Good Faith , and Freeride restrictions
Coordinate with the Trade Desk on liquidations required to satisfy margin or debit obligations
Perform daily reviews in Stream Credit Monitor (SCM) to validate margin requirements and calls
Monitor concentration, liquidity, and volatility risk across margin accounts
Leverage Sterling Risk Monitor (SRM) to assess intraday exposure, stress scenarios, and downside risk
Review and resolve margin exception reports, escalating potential systemic issues
Ensure margin activity complies with Regulation T, FINRA Rule 4210, and firm house policies
Support Reg T extension filings and documentation when approved
Maintain clear documentation and audit evidence for daily reviews, exceptions, and escalations
Participate in periodic control reviews, audits, and regulatory exams
Partner with the Trade Desk to support advisor questions related to buying power, margin calls, and liquidations
Work closely with Compliance and the Manager on escalations, exceptions, and policy interpretation
Support Product and Engineering during margin feature buildouts by providing operational feedback and testing support

Benefits

A hybrid work schedule for most positions to promote strong, in-person collaboration.
Stunning, amenity-filled office spaces in Culver City, CA, San Francisco, CA, and Dallas, TX. Our offices are intentionally designed for comfort, collaboration, and productivity.
Competitive pay and equity for eligible positions.
Premium healthcare, dental, and vision insurance plans (HMO and PPO).
401k savings plan with a 4% match and immediate vesting.
16 week paid parental leave.
Professional growth and development opportunities including an employee mobility program and an annual L&D budget allocation for each employee.
Company perks program (includes discounts on pet insurance, fitness, cell phone plans, and travel, etc.).
Financial guidance program (includes counseling on navigating debt, tracking personal spend, saving and planning goals, home-purchasing preparedness, etc.).
One month work from anywhere policy (with the exception of a few countries).