Michael Eger Email & Phone Number

Greenwich, Connecticut, United States

Head of Prime Margin and Middle Office

Jacksonville, Florida, United States

Middle Office

Jacksonville, Florida Area

Responsible for migrating Wall Street PB Margin operations from New York to Jacksonville site. Daily responsibilities include reviewing, issuing, and collecting daily Regulatory, Reg-U, and Reg T margin calls for all PB clients. Additional responsibilities include servicing and working with Client Management and Risk/Credit teams to ensure portfolio and leverage accuracy across the business. Continuing to streamline and find efficiencies within processing functions within the team.

Greater New York City Area

Deutsche Bank Prime Brokerage is a global leader in Prime Brokerage. Founded in Berlin, Germany in 1870, Deutsche Bank has grown and become a pioneer in investment banking.Within the Prime Brokerage Trade Processing team we engage in a full array of support tasks for our over 100 clients. Facilitating trade files containing equities, fixed incomes, derivatives, and options, we are exposed to all investment strategies. Settling the trades is another aspect of our duties, as well as reconciling the trades and presenting them to the clients in real time. Processing corporate actions is another large part of the Prime Brokerage Trade Processing team, and making sure all aspects of the CA is done properly to ensure full benefit for the clients.The third largest portion of the team is the cash management sector. Processing wire transfers with immediate deadlines, receiving funds and settling them into the client accounts, and reconciling the front and back office systems is required as well.Using systems such as ADP, Geneva, and DTC have allowed me to engage in my responsibilities in a more efficient manner allowing for more attention to be given to the clients.