Altruist · 5 hours ago
Margin Operations Analyst
Dallas, TX
Full-time
Hybrid
Entry, Mid Level
2+ years expAltruist is transforming the wealth management industry with an AI platform designed for financial professionals. They are seeking a Margin Operations Analyst to oversee and control margin lending activities, ensuring compliance with regulatory requirements while providing a seamless experience for advisors.
Asset ManagementFinancial ServicesFinTech
Responsibilities
Review and process all daily margin calls, including Reg T, Maintenance, House, and Day Trade calls
Monitor call aging and ensure adherence to firm and regulatory timelines (T+1 through T+5)
Issue margin call notifications to advisors and track resolution through funding or liquidation
Escalate aged, high-risk, or unusual margin calls to the Manager for review
Monitor daily debit balances in margin and cash accounts using internal tooling and FIS reports
Enforce policies related to debit balances, including liquidation thresholds and exception handling
Track and apply Pattern Day Trader (PDT), Good Faith, and Freeride restrictions
Coordinate with the Trade Desk on liquidations required to satisfy margin or debit obligations
Perform daily reviews in Stream Credit Monitor (SCM) to validate margin requirements and calls
Monitor concentration, liquidity, and volatility risk across margin accounts
Leverage Sterling Risk Monitor (SRM) to assess intraday exposure, stress scenarios, and downside risk
Review and resolve margin exception reports, escalating potential systemic issues
Ensure margin activity complies with Regulation T, FINRA Rule 4210, and firm house policies
Support Reg T extension filings and documentation when approved
Maintain clear documentation and audit evidence for daily reviews, exceptions, and escalations
Participate in periodic control reviews, audits, and regulatory exams
Partner with the Trade Desk to support advisor questions related to buying power, margin calls, and liquidations
Work closely with Compliance and the Manager on escalations, exceptions, and policy interpretation
Support Product and Engineering during margin feature buildouts by providing operational feedback and testing support
Qualification
Required
2–5 years of experience in brokerage, clearing, or margin operations
Hands-on experience with margin calls, debit balances, or credit monitoring strongly preferred
Familiarity with Reg T, maintenance margin, and PDT rules
Experience working with exception reports and time-sensitive operational workflows
Experience with platforms such as FIS Phase 3, Stream Credit Monitor (SCM), or similar credit systems
Exposure to OMS/risk tools such as Sterling or equivalent a plus
Strong Excel skills; comfort working with operational reports and internal tools
FINRA Series 7 required or ability to obtain within a defined timeframe
High attention to detail and strong sense of accountability
Ability to prioritize work in fast-paced, deadline-driven environments
Clear written and verbal communication skills for advisor and internal interactions
Sound judgment and comfort escalating issues when risk thresholds are breached
Preferred
Series 4 or 24 a plus, but not required
Benefits
A hybrid work schedule for most positions to promote strong, in-person collaboration.
Stunning, amenity-filled office spaces in Culver City, CA, San Francisco, CA, and Dallas, TX. Our offices are intentionally designed for comfort, collaboration, and productivity.
Competitive pay and equity for eligible positions.
Premium healthcare, dental, and vision insurance plans (HMO and PPO).
401k savings plan with a 4% match and immediate vesting.
16 week paid parental leave.
Professional growth and development opportunities including an employee mobility program and an annual L&D budget allocation for each employee.
Company perks program (includes discounts on pet insurance, fitness, cell phone plans, and travel, etc.).
Financial guidance program (includes counseling on navigating debt, tracking personal spend, saving and planning goals, home-purchasing preparedness, etc.).
One month work from anywhere policy (with the exception of a few countries).
Company
Altruist
Altruist is a modern custodian that offers a digital investment platform for financial advisors to manage their clients' investments.
51-200 employees
Funding
Current Stage
Late StageTotal Funding
$601.5MKey Investors
GICICONIQ GrowthInsight Partners
2025-04-22Series F· $152M
2024-05-02Series E· $169M
2023-04-10Series D· $112M
Leadership Team
Jason Wenk
Founder / CEO
Marc Greenberg
Chief Financial Officer
Recent News
2026-01-11
thesaasnews.com
2025-12-22
Company data provided by crunchbase