Operations Manager-Margin

About Stifel

Stifel is a global wealth management and investment banking firm that has been in business for more than 130 years. The firm promotes a culture where everyone belongs, is welcomed, and contributes to client success. With offices in St. Louis, New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations, Stifel employs roughly 9,000 professionals. Stifel is an Equal Opportunity Employer.

You will provide oversight and day‑to‑day management of associates responsible for all operational functions related to margin, including margin calculations, collateral management, and risk monitoring. Your responsibilities include ensuring regulatory compliance, mitigating exposure, driving operational excellence, and overseeing daily margin activities in a fast‑paced environment.

• Lead and develop a team responsible for all margin‑related operational functions and risk monitoring.
• Execute against the margin operating model aligned to firm priorities and provide input for enhancements.
• Identify and implement process improvements within margin operations to enhance efficiency and scalability.
• Promote a strong risk culture within the team.
• Oversee daily margin calculations, calls, and collateral movements across all product types (equities, options, fixed income, etc.).
• Ensure the accurate application of margin methodologies, including Reg T and house requirements.
• Monitor margin deficits, concentration risks, and exposure limits, ensuring timely escalation and resolution.
• Manage the end‑to‑end lifecycle of margin calls, including issuance, tracking, and liquidation processes when necessary.
• Oversee real‑time monitoring of exposures and market volatility impacts.
• Ensure strong internal controls, documentation, and audit readiness across all processes.
• Prepare and contribute to reporting on margin exposure, risk trends, and operational performance for senior leadership.

• Deep expertise in margin methodologies, including Reg T and house margin frameworks.
• Strong understanding of securities products and market dynamics (equities, options, fixed income, derivatives).
• Proven ability to manage risk in a fast‑paced, high‑volume brokerage environment.
• Strong leadership and team development skills.
• Excellent problem‑solving and decision‑making capabilities, especially under time‑sensitive conditions.
• Strong communication skills.
• Excellent relationship‑building skills.
• Ability to understand and oversee application data usage within the team.
• Ability to translate business needs into data requirements in partnership with technology teams.

• Bachelor’s degree in Finance, Accounting, Economics, or a related field (or equivalent experience).
• 8+ years of experience in brokerage operations, margin, or risk management, with 5+ years of leadership experience.

• Minimum required:
  Series 99.
• Preferred:
  Series 7 and 63.

• Proficiency with Microsoft Office (Outlook, Excel, Word).
• Working knowledge of database concepts (tables, fields, data structure).

Stifel offers an entrepreneurial environment with a comprehensive benefits package that includes health, dental, and vision care; a 401 k plan; wellness initiatives; life insurance; and paid time off.