Associate, Prime Services Margin

Associate, Prime Services Margin

Jacksonville, FL (4 days in office/1 day remote)

Cantor Fitzgerald, with over 16,000 employees, has been a leading global financial services firm at the forefront of financial and technological innovation since 1945.

Cantor is a preeminent investment bank serving more than 5,000 institutional clients around the world, recognized for its strengths in fixed income and equity capital markets, investment banking, SPAC underwriting, PIPE placements, commercial real estate, and for its global distribution platform. Capitalizing on the firm’s financial acumen and technology prowess, Cantor’s portfolio of businesses also includes Prime Brokerage, Asset Management, and other businesses and ventures. Cantor has consistently fueled the growth of original ideas, pioneered new markets, and provided superior service to clients. Cantor operates trading desks in every major financial center globally, with offices in over 30 locations around the world.

As one of the few remaining private partnerships on Wall Street, Cantor has the distinct ability to focus on long-term value creation and solid relationship building. Our structure allows us to respond quickly to client needs, develop solutions that address complex challenges, avoid the limitations of bureaucracy, and attract talented individuals who are driven to succeed.

Position Overview

The Prime Services Margin Associate will report to the Head of Asset Services and support operations across multiple domestic legal entities affiliated with Cantor Fitzgerald. This role is responsible for providing operational support to Prime Services clients across both Equity and Fixed Income products, while ensuring compliance with applicable regulatory and internal margin requirements.

The ideal candidate will play a key role in daily margin operations, client servicing, risk monitoring, and process improvement initiatives within a dynamic prime brokerage environment.

Key Responsibilities

• Serve as a primary point of contact for client and administrator operational inquiries related to Prime Services accounts
• Issue and monitor margin calls to ensure client accounts maintain required equity levels
• Review daily cash and margin account activity to ensure compliance with Regulation T, FINRA, and internal risk policies
• Support portfolio margin account maintenance and amendments
• Process and reconcile daily operational workflows, controls, and exception management
• Coordinate with internal teams including Operations, Risk, Finance, and Front Office personnel to resolve client issues and operational breaks
• Monitor account activity, settlement issues, fails, and cash movements across Prime Brokerage accounts
• Identify opportunities to streamline workflows and reduce manual processes through automation and operational enhancements
• Escalate operational risks, control issues, and exceptions in a timely and effective manner
• Participate in project work, testing initiatives, and ad hoc operational requests as needed

Qualifications & Skills

• Bachelor’s degree in Finance, Accounting, Economics, or a related field
• 3 years of experience within Prime Brokerage, Margin, and Operations,
• Strong analytical, problem-solving, and organizational skills
• Excellent verbal and written communication skills
• Ability to work effectively in a fast-paced, client-focused environment
• Strong attention to detail with the ability to manage multiple priorities simultaneously
• Team-oriented mindset with a proactive and collaborative approach
• Understanding of basic accounting and financial market concepts preferred

Preferred Experience & Knowledge

• Interest in or exposure to Prime Brokerage, Margin Operations, or Brokerage Operations
• Knowledge of Regulation T, FINRA margin rules, and portfolio margin concepts
• Familiarity with equities, fixed income products, and securities financing operations
• Experience with dividends, corporate actions, or asset servicing functions is a plus
• Demonstrated interest in financial markets and operational risk management
• Desire to continuously learn and develop within financial services operations

The actual base salary will be determined on an individualized basis considering a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package (including health, vision, and dental insurance, paid time off and a 401(k) retirement), this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).

We do not accept unsolicited resumes, candidate referrals, or outreach from third-party recruiters or staffing agencies. Any such submissions will be considered property of Cantor Fitzgerald and will not be eligible for any placement fee. Recruiters must have a signed agreement with our Talent Acquisition team and be invited to submit candidates for a specific role. Direct contact with hiring managers or employees is strictly prohibited.