The Opportunity

We are looking to add a Margin Analyst to our Trading team. In this role, you’ll serve as the daily administrator of cash debit and margin activity, playing a crucial role in assisting advisors to ensure client accounts are in compliance with regulatory requirements and company policies.

The Team

At MM Wealth Management, we understand that the financial landscape is constantly evolving. As a member of the Wealth Management organization, you will join a team of passionate experts across multiple disciplines including Product, Financial Planning, Practice Management, Lending & Banking, Trust, Investments and Operations. Whether it’s advice on investment strategies, retirement planning, estate planning, lending and banking, or trust services, our goal is to provide innovative and effective solutions that positively impact advisors and clients. We are committed to transforming the way our clients manage their wealth and plan for the future.

The MMLIS Trading team is collaborative, well-synched, and communicates closely to support each other. There is rapport, efficiency and humor embedded in the team with a diverse group of individuals that provide mentorship and collaboration across all levels. The team excels in agility, business acumen, communication, and leadership.

The Impact:

As a Margin Analyst, your responsibilities will include, but not be limited to the following:

• Liaising with advisors, traders, and internal partners on a daily basis to ensure tasks are accomplished in a timely manner. Provide guidance to advisors on relevant policies and procedures surrounding cash debit and margin items. Are they providing guidance where needed to solve operational issues? If so, would weave that in here.
• Identify opportunities for improvement and participate in the enhancement process, contributing your knowledge and ideas to enhance advisor experience and reduce operational risks and inefficiencies
• Researching customer margin and debit issues using multiple tools. Assess daily cash debit and margin actions to manage workload within margin team.
• Communicating with clients, advisors and internal partners to work through resolving issues, and provide recommendations and/orsolutions to continuously improve processes and ensure efficiencies across the team
• Ownership of maintaining and updating client account records for accuracy Reconcile cash debit and margin actions to individual account ensuring accounts are in good order to trade.
• Meeting intraday deadlines to comply with relevant financial regulations as outlined in company policies and procedures.
• Independently researching trade and operational issues as needed by the trading team.
• Monitor and manage changes to the custodial platform to recommend changes to cash debit and margin processing to take advantage of system changes. Update policies and procedures as needed.
• Participate in internal audits, FINRA audits and Compliance reviews.

The Minimum Qualifications

• Bachelor’s degree
• 2+ years of client services experience
• 1+ year of experience with Excel
• Due to the nature of this position, as part of our background check process, candidates must be able to pass a non-registered fingerprint background check to quality as a fingerprinted person under FINRA.

The Ideal Qualifications

• Bachelor’s degree in business or technical field such as Finance, Mathematics, Accounting, or Economics
• Experience in a fast paced, deadline driven environment.

What to Expect as Part of MassMutual and the Team

• Regular meetings with the Trading team
• Focused one-on-one meetings with your manager
• Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, veteran and disability-focused Business Resource Groups
• Access to learning content on Degreed and other informational platforms
• Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits

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Salary Range:

At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.

Why Join Us.

We’ve been around since 1851. During our history, we’ve learned a few things about making sure our customers are our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services. To accomplish this, we celebrate an inclusive, vibrant and diverse culture that encourages growth, openness and opportunities for everyone. A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits. And your voice will always be heard.

We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. It’s more than our company structure – it’s our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources, and rely on each other when it counts. At MassMutual, we Live Mutual.

MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.

If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.

At MassMutual, we focus on ensuring fair, equitable pay by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component. For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.