Associate, Operations

Broadridge is growing. This incredible growth that we are experiencing is an indication of the level of confidence the market has in our ability to deliver. Therefore, we are seeking an Associate, Operations to add to our team in Newark, NJ. In this role, you will handle a variety of margin risk & regulatory functions. You will research raised issues from clients regarding validity of calls or analyzing margin accounts to understand charges and restrictions.

Does this role sound like it may be a match for you? If so, read below on how you can contribute to our growing team today.

Responsibilities:

Perform day-to-day processing & lead all aspects of Cash 90 Day Restrictions processing
Identify valid Trade Through 90 Day Restriction violations to ensure compliance with Regulation T rules.
Lead all aspects of Pattern Day Trading for to ensure compliance with NYSE/FINRA Rule 4210
Monitor account activity. Authorize the withdrawal of funds and assets from customer's accounts. Process payout requests like checks, journals and wires
Display expertise in all facets of margin. Fully understand how to manually calculate complex margin and option accounts
Maintain customer accounts as required by all regulatory bodies
Issue margin calls, maintenance and day trading calls
Provide input to develop/modify procedures in order to reduce risk and improve efficiencies
Interact with FINRA on extension requests as required

Qualifications:

1-2 years of relevant experience

Ability to actively recognize, prevent and mitigate risk & control situations and understand when to bring up
Proficiency in the Broadridge BPS system & Microsoft excel required
A self-starter with the ability to perform numerous technical tasks with minimal oversight

The Rewards:

A platform to build strong professional working relationships with clients, fellow associates and management
An opportunity to join a dynamic organization that will guide you in developing your career and growth within our organization
A strong focus on personal learning and development to help you reach your professional development goals
A diverse environment where everyone feels accepted and can bring their full self to work every single day
Excellent benefits package including comprehensive healthcare, wellness benefits, home and auto insurance programs, tuition reimbursement, disability benefits, paid volunteer days and much more (This location has an onsite wellness center)
* National Discount Programs - Through Broadridge's business partnerships, associates are eligible for discounts on various products and services available for business and personal use

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Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled


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