Margin Clerk jobs in Huntington, WV

Margin Clerk compiles data and determines customer margin in stock purchased. Determines brokerage fees and notifies supervisor when customer margin is less than government regulations or brokerage firm requirements. Being a Margin Clerk researches customer margin account problems using customer account information and transaction records. May require an associate degree. Additionally, Margin Clerk typically reports to a supervisor or manager. The Margin Clerk works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Margin Clerk typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)

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Manager, Margin Supervision
  • Wealthsimple
  • Canada, KY FULL_TIME
  • Your career is an investment that grows over time!


    Wealthsimple is on a mission to help everyone achieve financial freedom by reimagining what it means to manage your money. Using smart technology, we take financial services that are often confusing, opaque and expensive and make them transparent and low-cost for everyone. We’re the largest fintech company in Canada, with over 3 million users who trust us with more than $30 billion in assets.


    Our teams ship often and make an impact with groundbreaking ideas. We're looking for talented people who keep it simple and value collaboration and humility as we continue to create inclusive and high-performing teams where people can be inspired to do their best work.


    We are seeking a Manager, Margin Supervision to perform supervisory activities for margin lending and effectively manage regulatory, financial and reputational risk to the business.

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    In this role, you will have the opportunity to:
    • Monitor client margin accounts on a daily basis to ensure account margin is on-side. Ensure remedial actions are taken on accounts that are under-margined based on established policies and procedures.
    • Monitor securities concentration, both at a client account level and firm level to ensure excessive concentration is being managed appropriately by monitoring liquidity, volatility, security specific fundamentals, specific account dynamics and the results of stress tests.
    • Ensure remedial actions are taken against highly concentrated accounts, if necessary, based on established policies and procedures.
    • Ensure “house” margin requirements are adjusted for securities, by assessing the results of modeled outputs, ongoing market conditions and the resulting impact on any under-margined exposure.
    • Perform periodic testing on client margin accounts to ensure that Market Values, Loan Values, Margin and Equity balances are being calculated appropriately and escalate issues to stakeholders in a timely manner.
    • Perform periodic testing to ensure that the automated client margin account opening process is working as intended, based on established criteria.
    • Prepare relevant presentation materials on margin lending activities for oversight committees.
    • Identify gaps and support report and system changes as required.
    • Review and assess policies and procedures and recommend enhancements as the margin program evolves. 
    • Keep abreast of and ensure compliance with all CIRO, FINTRAC and other regulatory requirements.
    • Support the authoring and review of margin-related client communications and educational materials.
    • Support information and documentation requests as part of external audits (e.g, CIRO FinOps). 
    • Build solid relationships across Product, Compliance, Risk, Finance, Operations to ensure that there are strong feedback channels to continuously improve the margin monitoring framework, ensuring risk is appropriately monitored, reported and remediated in a timely manner. 


    Required skills:
    • Completion of the Investment Dealer Supervisor Course (IDSC), Derivatives Fundamentals and Options Licensing Course (DFOL) and Options Supervisor Course (OPSC). If not already registered with CIRO, the successful candidate will be required to register upon hiring.
    • 3 - 5 years of experience working for an investment dealer in a similar capacity.
    • Completion of added CSI courses, CFA, FRM a plus.
    • Margin expertise and excellent knowledge of complex option strategies and their associated risks. In depth knowledge of CIRO IDPC 5000 rules pertaining to margin requirements, particularly on equities and options. 
    • Data and analytics - strong analytical and problem-solving skills with superior attention to detail. Ability to retrieve and analyze data using SQL.
    • A strong problem solver with extraordinary judgment and ability to navigate through uncertainty.
    • People leadership - ability to recruit and motivate a strong team as the margin program expands; possess a warm, direct and growth-mindset leadership approach.
    • Collaboration - excellent interpersonal skills and willingness to work in collaboration with various team members.
    • Communication - Speaks plainly and truthfully. Communicates complex ideas in a simple and easy-to-understand way.


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    Why Wealthsimple?

    🤑 Competitive Salary with top-tier health benefits and life insurance

    📈 Retirement savings matching plan using Wealthsimple Work

    🌴 20 vacation days per year and unlimited sick and mental health days

    📚 Up to $1500 per year towards wellness and professional development budgets respectively 

    🛫 90 days away program: Employees can work internationally in eligible countries for up to 90 days per calendar year 

    🌎 A wide variety of peer and company-led Employee Resource Groups (ie. Rainbow, Women of Wealthsimple, Black @ WS)

    💖 Company-wide wellness days off scheduled throughout the year


    We’re a remote-first team, with over 1000 employees coast to coast in North America. Be a part of our Canadian success story and help shape the financial future of millions — join us!


    Read our Culture Manual and learn more about how we work.


    DEI Statement

    At Wealthsimple, we are building products for a diverse world and we need a diverse team to do that successfully. We strongly encourage applications from everyone regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status. 


    Accessibility Statement

    Wealthsimple provides an accessible candidate experience. If you need any accommodations or adjustments throughout the interview process and beyond, please let us know, and we will work with you to provide the necessary support and make reasonable accommodations to facilitate your participation. We are continuously working to improve our accessibility practices and welcome any feedback or suggestions on how we can better accommodate candidates with accessibility needs.

  • 14 Days Ago

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Stores Clerk
  • Appalachian Regional Healthcare, Inc.
  • Belfry, KY TEMPORARY
  • Overview The Stores Clerk is responsible for performing duties related to and involving the receipt, storage, and issuance of supplies and equipment, preparation and maintenance of records and reports...
  • 19 Days Ago

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Clerk Typist
  • Appalachian Regional Healthcare, Inc.
  • Belfry, KY OTHER
  • Overview The Clerk Typist performs various typing and clerical tasks, files records and reports, and performs general office work. Special InstructionsN/A Responsibilities Types correspondence, report...
  • 19 Days Ago

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Production clerk
  • Goodwill Kentucky
  • Paintsville, KY FULL_TIME
  • Goodwill Industries of Kentucky is looking for a high energy, positive attitude, team-minded Production Clerk to join our team! This position is essential for the success of our retail store operation...
  • 20 Days Ago

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Courtesy clerk
  • Food City Supermarket
  • Prestonsburg, KY FULL_TIME
  • Fill bag racks. Unload shopping carts for customer Courtesy Clerk, Bagger, Courtesy, Clerk, Retail, Grocery Last updated : 2024-03-05
  • 21 Days Ago

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Grocery clerk
  • The Kroger Co.
  • Ashland, KY FULL_TIME
  • Select and gather products for customers' on-line orders in the most efficient manner with attention to freshness and quality. Assemble customers' on-line orders, process coupons and payment, and deli...
  • 21 Days Ago

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0 Margin Clerk jobs found in Huntington, WV area

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Human Resources Administrative Assistant
  • Addiction Recovery Care
  • Louisa, KY
  • Are you looking for the best place to work? Join Addiction Recovery Care, LLC (ARC) which was selected as one of the 202...
  • 3/28/2024 12:00:00 AM

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Administrative Assistant
  • Manpower USA
  • Huntington, WV
  • Manpower is looking for an Accounting Assistant for our client in Huntington, WV! Responsibilities: - Answer phones - pr...
  • 3/27/2024 12:00:00 AM

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Administrative Assistant
  • Manpower USA
  • Ashland, KY
  • Looking for a Full Time/Temp to Permanent Role as an administrative assistant? Manpower is seeking candidates to fill lo...
  • 3/27/2024 12:00:00 AM

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Administrative Assistant - Work From Home>
  • Rob Levine Law
  • Saint Albans, WV
  • [Office Assistant / Fully Remote] - Anywhere in U.S. / Competitive Pay - As an Administrative Assistant you'll: Act as t...
  • 3/27/2024 12:00:00 AM

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Administrative Assistant Chick-fil-A
  • Chick-fil-A
  • Charleston, WV
  • Nothing makes us happier than getting to interact with all of the wonderful people in our community! If you love making ...
  • 3/26/2024 12:00:00 AM

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Executive Administrative Assistant
  • Manpower
  • Huntington, WV
  • Our client in Huntington, WV is looking for an Executive administrative assistant for their Construction Company. Hours:...
  • 3/26/2024 12:00:00 AM

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Administrative Assistants Needed
  • Manpower USA
  • Huntington, WV
  • Looking for a Full Time/Temp to Permanent Role as an administrative assistant? Manpower is seeking candidates to fill lo...
  • 3/24/2024 12:00:00 AM

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Administrative Assistant, HVi- Thomas
  • WVU Medicine
  • Charleston, WV
  • Welcome! We're excited you're considering an opportunity with us! To apply to this position and be considered, click the...
  • 3/24/2024 12:00:00 AM

Huntington is in the southwestern corner of West Virginia, on the border with Ohio, on the southern bank of the Ohio River, at the confluence with the Guyandotte River. The city lies within the ecoregion of the Western Allegheny Plateau. Most of the city is in Cabell County, for which it is the county seat. A portion of the city, mainly the neighborhood of Westmoreland, is in Wayne County. Huntington is commonly divided into four main sections. The north/south divider is the CSX railroad tracks, while the east/west divider is First Street. Residents of Huntington are called "Huntingtonians." A...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Margin Clerk jobs
$34,667 to $44,310
Huntington, West Virginia area prices
were up 1.2% from a year ago

Margin Clerk in Lawton, OK
After the margin calls, we will have such terrific values that the bricks-and-mortar people will be fighting with us for shares.
December 28, 2019
Margin Clerk in New Brunswick, NJ
The people caught in cannabis stocks will be blockchain’d to death, as Felicia the margin clerk hits the bid on all of your positions to cover Fed calls — wiping out the entirety of your equity.
February 14, 2020
Margin Clerk in Cleveland, OH
May discuss price fluctuations with customers, REGISTERED REPRESENTATIVES , and others to monitor stock trends in relation to bank’s margin loan accounts.
December 12, 2019