Margin Department Supervisor jobs in Texas

Margin Department Supervisor oversees the operations of the margin department. Approves or denies credit to clients and monitors account activity. Being a Margin Department Supervisor ensures compliance with all relevant government regulations. May require a bachelor's degree in area of specialty. Additionally, Margin Department Supervisor typically reports to a manager or head of a unit/department. The Margin Department Supervisor supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. Thorough knowledge of department processes. To be a Margin Department Supervisor typically requires 3-5 years experience in the related area as an individual contributor. (Copyright 2024 Salary.com)

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Margin Specialist
  • Robinhood
  • Westlake, TX FULL_TIME
  • Join a leading fintech company that’s democratizing finance for all.

    Robinhood was founded on a simple idea: that our financial markets should be accessible to all. With customers at the heart of our decisions, Robinhood is lowering barriers and providing greater access to financial information. Together, we are building products and services that help create a financial system everyone can participate in.

    As we continue to build...

    We’re seeking curious, growth minded thinkers to help shape our vision, structures and systems; playing a key-role as we launch into our ambitious future. If you’re invigorated by our mission, values, and drive to change the world — we’d love to have you apply.

    About the team role

    The Market Operations team at Robinhood is responsible for traditional middle office brokerage operations. Our mission is to deliver an excellent end-customer experience and mitigate firm risk while supporting cutting-edge brokerage and financial products. We’re looking for a specialist to help grow our Margin team.

    As a Market Operations Specialist (Margin), you’ll be responsible for account level risk management and operations. You’ll perform essential daily duties to keep our margin business running smoothly, including analyzing and resolving various types of margin calls, communicating with customers via phone or email to resolve escalated issues, reviewing risk-based alerts, testing the functionality of our margin product, and reviewing our outbound communications and educational materials. Additionally, you’ll be expected to help scale our processes, tools, documentation, and workflows, and be a key member in helping us grow our team. Along with the broader Market Operations team, you’ll work cross-functionally with our clearing, product, compliance, and engineering teams to improve operational efficiency and maintain our high-quality standards.

    The role is located in the office location(s) listed on this job description which will align with our in-office working environment. Please connect with your recruiter for more information regarding our in-office philosophy and expectations.

    What You’ll Do

    • Review daily margin calls and execute the firm's margin sellout process
    • Research, prioritize, and resolve margin-related escalations
    • Communicate with customers in a live support environment through email or phone support
    • Mitigate firm and customer risk through intraday alert monitoring and proactively resolve account issues
    • Partner with our clearing, engineering and product teams to drive efficiency and to improve our margin offering
    • Keep detailed records in accordance with standard operating procedures
    • Ensure adherence to firm procedures and industry regulations
    • Be a subject matter expert during critical system outages or issues

    What You Bring

    • Bachelor's degree or equivalent practical experience
    • FINRA Series 7 and Series 63
    • Understanding of equities and option strategies
    • Familiarity with Regulation T and Rule 4210
    • Exceptional attention to detail and strong problem solving skills
    • Strong knowledge of Robinhood's products
    • Experience with retail client margin calls
    • Bonus: FINRA Series 24 and Series 3

    What We Offer

    • Market competitive and pay equity-focused compensation structure
    • 100% paid health insurance for employees with 90% coverage for dependents
    • Annual lifestyle wallet for personal wellness, learning and development, and more!
    • Lifetime maximum benefit for family forming and fertility benefits
    • Dedicated mental health support for employees and eligible dependents
    • Generous time away including company holidays, paid time off, sick time, parental leave, and more!
    • Lively office environment with catered meals, fully stocked kitchens, and geo-specific commuter benefits

    Base pay for the successful applicant will depend on a variety of job-related factors, which may include education, training, experience, location, business needs, or market demands. The expected salary range for this role is based on the location where the work will be performed and is aligned to one of 3 compensation zones. This role is also eligible to participate in a Robinhood bonus plan and Robinhood’s equity plan. For other locations not listed, compensation can be discussed with your recruiter during the interview process.

    Zone 1 (Menlo Park, CA; New York, NY; Bellevue, WA; Washington, DC)

    $85,000—$100,000 USD

    Zone 2 (Denver, CO; Westlake, TX; Chicago, IL)

    $75,000—$88,000 USD

    Zone 3 (Lake Mary, FL)

    $66,000—$78,000 USD

    Click Here To Learn More About Robinhood’s Benefits.

    We’re looking for more growth-minded and collaborative people to be a part of our journey in democratizing finance for all. If you’re ready to give 100% in helping us achieve our mission—we’d love to have you apply even if you feel unsure about whether you meet every single requirement in this posting. At Robinhood, we're looking for people invigorated by our mission, values, and drive to change the world, not just those who simply check off all the boxes.

    Robinhood embraces a diversity of backgrounds and experiences and provides equal opportunity for all applicants and employees. We are dedicated to building a company that represents a variety of backgrounds, perspectives, and skills. We believe that the more inclusive we are, the better our work (and work environment) will be for everyone. Additionally, Robinhood provides reasonable accommodations for candidates on request and respects applicants' privacy rights. To review Robinhood's Privacy Policy please review the specific policy applicable to the country where you are applying.
  • 13 Days Ago

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Mgr, Margin
  • Performance Foodservice
  • Temple, TX FULL_TIME
  • Company Description Performance Foodservice, PFG's broadline distributor, maintains a unique relationship with a variety of local customers, including independent restaurants and hotels, healthcare fa...
  • 18 Days Ago

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Department Supervisor
  • The Home Depot
  • Longview, TX FULL_TIME
  • Job DescriptionDepartment Supervisors lead, train, coach and develop associates in each department to ensure customers receive excellent service and can easily find the merchandise they need. In addit...
  • 3 Days Ago

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Department Supervisor
  • The Home Depot
  • Brownsville, TX FULL_TIME
  • Job DescriptionDepartment Supervisors lead, train, coach and develop associates in each department to ensure customers receive excellent service and can easily find the merchandise they need. In addit...
  • 4 Days Ago

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Department Supervisor
  • The Home Depot
  • Bastrop, TX FULL_TIME
  • Job DescriptionDepartment Supervisors lead, train, coach and develop associates in each department to ensure customers receive excellent service and can easily find the merchandise they need. In addit...
  • 4 Days Ago

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Department Supervisor
  • The Home Depot
  • Austin, TX FULL_TIME
  • Job DescriptionDepartment Supervisors lead, train, coach and develop associates in each department to ensure customers receive excellent service and can easily find the merchandise they need. In addit...
  • 4 Days Ago

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Department Supervisor
  • ResourceMFG
  • Northridge, CA
  • summary Department Supervisor Location:Mooresville, IN Pay:$20-$21 Shift:Based on need The purpose of a Distribution Lea...
  • 6/12/2024 12:00:00 AM

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Department Supervisor
  • The Home Depot, Inc.
  • Dearborn, MI
  • Department Supervisors lead, train, coach and develop associates in each department to ensure customers receive excellen...
  • 6/12/2024 12:00:00 AM

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Spa | Dept Supervisor
  • Omni Hotels & Resorts
  • San Antonio, TX
  • Location: Mokara Hotel and Spa The Mokara Hotel & Spa, a relaxing retreat on San Antonios world-famous Riverwalk is just...
  • 6/11/2024 12:00:00 AM

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Department Supervisor
  • Home depot
  • Baytown, TX
  • Job Description Department Supervisors lead, train, coach and develop associates in each department to ensure customers ...
  • 6/11/2024 12:00:00 AM

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Department Supervisor
  • Home depot
  • Durango, CO
  • Job Description Department Supervisors lead, train, coach and develop associates in each department to ensure customers ...
  • 6/11/2024 12:00:00 AM

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Department Supervisor
  • Home depot
  • Folsom, PA
  • Job Description Department Supervisors lead, train, coach and develop associates in each department to ensure customers ...
  • 6/11/2024 12:00:00 AM

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Department Supervisor
  • Home depot
  • Galveston, TX
  • Job Description Department Supervisors lead, train, coach and develop associates in each department to ensure customers ...
  • 6/11/2024 12:00:00 AM

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Department Supervisor
  • Home depot
  • Pearland, TX
  • Job Description Department Supervisors lead, train, coach and develop associates in each department to ensure customers ...
  • 6/11/2024 12:00:00 AM

Texas (/ˈtɛksəs/, locally /ˈtɛksɪz/; Spanish: Texas or Tejas Spanish pronunciation: [ˈtexas] (listen)) is the second largest state in the United States by both area and population. Geographically located in the South Central region of the country, Texas shares borders with the U.S. states of Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the west, and the Mexican states of Chihuahua, Coahuila, Nuevo León, and Tamaulipas to the southwest, while the Gulf of Mexico is to the southeast. Houston is the most populous city in Texas and the fourth largest in the...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Margin Department Supervisor jobs
$83,857 to $105,641