Securities Lending Operations Specialist
4 days ago
At Phaxis, we are seeking a highly skilled Securities Lending Middle Office Associate to join our growing team. This role is responsible for managing all aspects of the FIS/Global One Database, ensuring proper functionality and updates.
The ideal candidate will have 4+ years of experience in securities lending operations, including database management, counterparty onboarding, settlement instructions, and regulatory reporting/reconciliation.
- **Key Responsibilities:**
- Manage the FIS/Global One Database, ensuring timely updates and resolutions.
- Collaborate with cross-functional teams, including Front Office, Trade Support, Custody, Regulatory Compliance, Legal, IT, and other relevant departments.
- Act as a backup for the Database Management Manager.
- Prepare and review general ledger entries, balances, and assist in financial administration, reconciliation, and payment processing.
- Handle settlement-related tasks in DTCC for counterparties using Loanet and Global One systems.
The estimated salary for this position is around $80,000-$100,000 per year, depending on experience and qualifications. We offer a comprehensive benefits package, including health insurance, retirement plans, and paid time off.
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Middle Office Associate
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Jersey City, New Jersey, United States Phaxis Full timePhaxis is a global banking client seeking an experienced Securities Lending Middle Office Analyst to manage their FIS/Global One Database. As a key member of the team, you will be responsible for ensuring proper functionality and updates, collaborating with cross-functional teams, and acting as a backup for the Database Management Manager.Requirements:4+...
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