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Stock Loan Middle Office Consultant

3 months ago

New York, United States Michael Page Full time

  • Experience at a large commercial bank
  • Temp to Perm possibilities

    About Our Client

    The client is a commercial bank that started in Japan. They are the third largest bank in Japan and offer services such as investment banking, global markets, and sales and trading.

    Job Description

    - Oversee and manage both cash and non-cash collateral exposure related to stock loans

    - Ensure accurate and efficient trade support, including straight- through processing of trade bookings

    - Resolve discrepancies in contract comparisons and address any issues that arise

    - Supervise all aspects of settlement functions, including pre-pays, same-day settlements, and settled returns

    - Handle marked-to-market of short coverage, excess management, and repo transactions

    - Maintain knowledge of short coverage, excess management, and repo transactions

    MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

    The Successful Applicant

    - Bachelor's degree required

    - 1-3 years of Stock Loan experience a MUST

    - Experience using Loanet and Global One REQUIRED

    - Experience handling contract comparisons

    What's on Offer

    - Competitive Compensation

    - Health Benefits (Medical, Dental, Vision)

    - Team like workplace culture

    - Experience with a top company in the finance industry

    - Possibility for permanent position