Strategic Staffing Solutions | Securities Lending Analyst
3 days ago
Strategic Staffing Solutions is searching for Financial Services Professionals in Salt Lake City, UT who have a Bachelor's Degree and 1-2 years of experience in financial institutions/client service to join one of the largest global organizations in Investment Banking/Wealth Management
****TREMENDOUS OPPORTUNITY FOR RECENT COLLEGE GRADS WITH A DEGREE IN FINANCE, BUSINESS, OR ACCOUNTING TO GET YOUR FOOT IN THE DOOR WITH ONE OF THE LARGEST GLOBAL WEALTH MANAGEMENT ORGANIZATIONS ONE YEAR OF EXPERIENCE IN SECURITIES LENDING IS ALL THEY ARE ASKING FOR****
****MAX PAY RATE: $23.00/HR W2****
****WORK LOCATION: SALT LAKE CITY, UT (MUST WORK ON SITE FULL TIME, 5 DAYS/WEEK)****
BASIC DESIRED QUALIFICATIONS:
- Experience gained within Securities Lending
- Self-driven with excellent communication and interpersonal skills
- Flexible team player and aptitude to working well under pressure to meet deadlines
- Strong analytical skills with ability to understand technical workflows in detail
- Previous project management experience or ability to identify and drive forward process improvement
RESPONSIBILITIES WILL INCLUDE:
- Developing and maintaining strong relationships with all stakeholders - Business, Engineering, Operations and Credit. Actively engage, partner and drive changes, provide excellent service and support.
- Delivering transactions in agreed time-frames, as per SLA’s whilst improving quality of processing, reducing errors and inculcating the zero error culture.
- Proactively managing operational risk inherent in business.
- Ensuring all operational risk/issues are identified and mitigated appropriately and proactively.
- Ensuring adequate operational controls to manage non generic business
- Monitoring and booking recall requests on borrows from different Lenders
- Monitoring and booking returns on loans to external Counterparts
- Monitoring and booking/amending returns on open borrows based on counter-party feedback
- Monitoring and booking returns which get cancelled due to issues with Client/Vendor systems
- Informing the trading desk daily on all borrows which have been recalled but not returned
- Query resolution and interaction with trading desk and Lenders on recall/return requests
- Agreeing to deliver/receive margin based on Stock borrow/loan settlement and mark-to-market activity
- Investigating and resolving discrepancies of positions (cash and securities) in the firm s books and records.
- Completing and overseeing daily checklist ensuring all controls, procedures and processes relating to the assigned functions are followed
- To act as a change agent solving problems at root cause whilst also taking / making opportunities to automate flows
Education:
Bachelor's Degree
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