Securities Lending

1 month ago


Jacksonville, United States Phyton Talent Advisors Full time

Our client a top tier financial services firm is seeking a highly skilled and detail-oriented individual to join our team as a Domestic Securities Lending Associate. In this role, you will be an integral part of the securities lending and borrowing team. You will assist in managing the firm's securities lending activities, ensuring compliance with regulatory requirements, and providing operational support to optimize stock loan processes. The role demands excellent analytical skills, a strong understanding of financial markets, and the ability to collaborate with various internal and external stakeholders.


This role will be on-site out of their Jacksonville, FL office. Offering a competitive base salary + bonus + benefits.


Key Responsibilities:


1. Securities Lending Operations:

- Support the day-to-day operations of the stock loan desk, including borrowing and lending activities.

- Monitor and manage stock loan transactions, ensuring accuracy and timely execution.

- Reconcile discrepancies and resolve settlement issues with counterparties.


2. Collateral Management:

- Ensure adequate collateral is maintained for all securities lending transactions.

- Monitor collateral levels and manage margin calls as necessary.

- Work with the treasury and risk management teams to optimize collateral usage.


3. Risk Management:

- Identify and mitigate risks associated with stock loan transactions.

- Ensure compliance with internal risk management policies and regulatory requirements.

- Assist in developing and implementing risk management strategies.


4. Trade Support:

- Provide support for trade execution and settlement processes.

- Coordinate with traders, operations, and back-office teams to ensure smooth trade flow.

- Manage trade confirmations and resolve any trade-related discrepancies.


5. Reporting and Analysis:

- Generate daily, weekly, and monthly reports on stock loan activities and performance.

- Conduct analysis of securities lending markets to identify trends and opportunities.

- Provide regular updates to senior management on stock loan performance and risk metrics.


6. Client and Counterparty Interaction:

- Maintain relationships with counterparties, brokers, and other market participants.

- Respond to inquiries from clients and counterparties regarding stock loan transactions.

- Collaborate with sales and client service teams to address client needs and issues.


7. System and Process Improvement:

- Assist in the development and enhancement of stock loan systems and processes.

- Identify areas for process improvement and implement best practices.

- Participate in technology projects to improve operational efficiency.


Qualifications:

-Education: Bachelor’s degree in Finance, Economics, Business, or a related field.

-Experience: 2-4 years of experience in securities lending, stock loan operations, or a related financial services role.


Skills:

- Strong analytical and quantitative skills.

- Excellent communication and interpersonal skills.

- Proficiency in Microsoft Excel and other financial software.

- Knowledge of securities lending platforms (e.g., Loanet, EquiLend) is a plus.


Attributes:

- Detail-oriented with a high level of accuracy.

- Ability to work independently and as part of a team.

- Strong organizational and time management skills.

- Ability to thrive in a fast-paced, dynamic environment.


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