$46,000 - $82,000 yearly
The Resume Review - Recruiting Department
Pennington, NJ, USA
Job description
LOB Description: The Securities Based Lending Collateral Specialist handles multiple responsibilities, including:
Daily review of account balances and holdings to determine adherence with firm and regulatory collateral requirements to reduce risk to clients and the firm.
Processing service requestsincluding, but not limited to Margin, Fed Funds, Checks, Journal Entries and Periodic Distributions.
Handling inbound calls from branch offices via the MLSN network while maintaining high survey results and providing correct information and resolution.
Includes ability to understand and effectively communicate ML systems, including Accounts Processing (AP), Brokerage Authorization (BA), Genesis, Naked Options Stress Analysis (NOSA), and the Commitment Tracking System (CTS)
Performing User Acceptance Testing (UAT) of the above mentioned systems, including occasional Saturday release testing.
Calculating collateral requirements, including margin...