Stock Loan Operations

1 month ago


New York, New York, United States Michael Page Full time

Our client is looking for an experienced Equity Operations person to assist/lead the transformation of their clearing infrastructure.

Client Details

The client is is a French corporate and investment bank specializing in asset management, corporate finance, insurance, and specialized financial services.

Description

  • Create a new Stock Borrow loan workflow.
  • Open a new DTCC sub-account linked to existing self-clearing DTC account
  • Open a new Loanet account that will sit on top of that DTC account
  • Contribute to the design and connections of linking Smartloan to the new Loanet account and the output from Loanet into our affiliate's books and records
  • Represent Operations in all project meetings, create action plans, create BRD's for IT teams to action, engage DTC-Loanet to create new accounts

Profile

  • Equity Back Office Operations experience.
  • Must have experience/knowledge of FIS SBL products (Loanet required, Smartloan nice to have)
  • Participated or led in large scale projects involving creating or transforming equity back office clearing systems.
  • Must be able to work in our NYC office at least 3 days per week

Job Offer

  • Flexible hybrid schedule (3 days onsite, 2 days working from home)
  • Highly competitive hourly rate
  • Benefits available day 1 of employment- Medical, Dental, Vision
  • Long term temp position with opportunity to turn permanent

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.

Estimated Salary: $20 to $28 per hour based on qualifications.


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