Operations Associate-Margins

Stifel•St. Louis, MO

About The Position

The Operations Associate-Margins supports Financial Advisors and branch associates with margin and brokerage account needs across the firm. The role involves reviewing accounts, researching margin requirements, resolving account issues, and providing accurate, timely support. The associate gains experience with margin and cash accounts, buying power, trading activity, and account requirements while working with experienced team members. The position offers an opportunity to build a foundation in financial services and develop specialized knowledge in brokerage operations, trading, and margin.

Requirements

Bachelor’s degree or equivalent experience.
At least 1 year of professional business-related experience.
Ability to attain a general understanding of industry rules and regulations and Stifel policies relevant to the department.
Strong attention to detail to minimize risk to the firm.
Initiative and self-direction, with the ability to organize and prioritize tasks to meet deadlines.
Ability to handle large workloads that vary during heavy-volume periods.
Ability to work autonomously throughout the day based on performance criteria provided by leadership.
Proficiency in Microsoft Office Suite, including Outlook, Word, Excel, and PowerPoint.

Responsibilities

Notify branch offices of action items and regulatory deadlines.
Assist in enforcing firm policies and industry regulations.
Research and review outstanding debit balances and assist in resolving trade exceptions.
Document trading violations and apply account restrictions as appropriate.
Develop effective communication skills within the department.
Provide timely updates to leadership on the progression of job responsibilities.
Work collaboratively within a team.
Review accounts, research margin requirements, resolve account issues, and provide timely support.