- Serve as the primary client contact for Prime Services accounts, handling operational inquiries and ensuring a high level of client satisfaction.
- Issue and monitor margin calls, maintaining required equity levels for client accounts.
- Review daily cash and margin account activity to adhere to Regulation T, FINRA, and internal risk policies.
- Support portfolio margin account maintenance, including amendments and updates.
- Process and reconcile daily operational workflows, controls, and manage exceptions effectively.
- Collaborate with internal teams to resolve client issues and operational breaks, ensuring a seamless client experience.
- Monitor Prime Brokerage accounts for settlement issues, fails, and cash movements, identifying and mitigating risks.
- Streamline workflows and reduce manual processes through automation and operational enhancements.
- Escalate operational risks, control issues, and exceptions promptly, ensuring timely resolution.
- Participate in project work, testing initiatives, and provide support for ad hoc operational requests.
- Bachelor's degree in Finance, Accounting, Economics, or a related field is required.
- A minimum of 3 years of experience in Prime Brokerage, Margin, or Operations is essential.
- Strong analytical and problem-solving skills, with a keen eye for detail.
- Excellent verbal and written communication skills, with the ability to interact effectively with clients.
- Ability to work in a fast-paced environment, managing multiple priorities and maintaining a client-focused approach.
- Team-oriented mindset, with a collaborative and proactive attitude towards work.
- Understanding of basic accounting principles and financial market concepts is preferred.
- Interest or experience in Prime Brokerage, Margin Operations, or Brokerage Operations is an advantage.
- Knowledge of Regulation T, FINRA margin rules, and portfolio margin concepts is highly desirable.
- Familiarity with equities, fixed income products, and securities financing operations is beneficial.
Skills Required
- Bachelor's degree in Finance, Accounting, Economics, or a related field
- Minimum of 3 years of experience in Prime Brokerage, Margin, or Operations
- Strong analytical and problem-solving skills with attention to detail
- Excellent verbal and written communication skills and client interaction ability
- Ability to work in a fast-paced environment and manage multiple priorities
- Team-oriented, collaborative and proactive mindset
- Understanding of basic accounting principles and financial market concepts
- Interest or experience in Prime Brokerage, Margin Operations, or Brokerage Operations
- Knowledge of Regulation T, FINRA margin rules, and portfolio margin concepts
- Familiarity with equities, fixed income products, and securities financing operations
What We Do
Cantor Fitzgerald is a leading global financial services firm, serving clients from over 30 offices around the world. Founded in 1945 as a securities brokerage and investment bank, the firm pioneered computer-based bond trading, built one of the broadest distribution networks in the industry and became the market’s premier dealer of government securities. Today, Cantor Fitzgerald is known for its strength across a diverse array of businesses, including equity and fixed income capital markets, investment banking, commercial real estate finance and services, prime brokerage, asset management and wealth management, and e-commerce and online ventures. In all its businesses, the firm is an acknowledged leader in developing advanced technologies to expand market access, and help clients achieve their most important financial and strategic objectives. This commitment to client-centered innovation has led to enduring relationships with many of the world’s most demanding institutional investors and corporations. For more information please visit www.cantor.com.
