Securities Lending Associate

in Professional Services
  • New York, New York View on Map
  • Salary: $32.00 - $32.00
Contract

Job Detail

  • Experience Level Entry Level
  • Degree Type Bachelor of Science (BS)
  • Employment Contract
  • Working Type Hybrid
  • Job Reference 0000017188
  • Salary Type Hourly
  • Industry Banking
  • Selling Points

    Excel in a hybrid role with a global financial institution. Temporary position with potential for full-time conversion after three months. Engage in securities lending and risk management tasks.

Job Description

Overview

  • Collaborate with a global financial institution specializing in securities lending solutions.
  • Temporary role with potential for full-time conversion after three months.
  • Hybrid work environment requiring three days in-office weekly.
  • Engage in dynamic tasks involving monitoring and arranging securities settlements.
  • Opportunity to work on special projects and adapt to evolving business needs.
  • Gain exposure to risk management and auditing processes.
  • Enhance professional skills in a fast-paced, team-oriented environment.

Key Responsibilities & Duties

  • Monitor and arrange settlement of loaned securities within DTC systems.
  • Reconcile tri-party related functions and ensure accurate reporting.
  • Organize recalls for outstanding loan positions based on client sales.
  • Investigate trades with brokers and report trade fails to clients.
  • Collaborate with auditors and risk management to collect test samples.
  • Perform reconciliations between cash and securities systems.
  • Adapt to changing business environments and participate in special projects.

Job Requirements

  • Bachelor's degree in a relevant field is required.
  • Minimum of 2 years of relevant work experience in securities lending.
  • Proficiency in Microsoft Excel, Word, and other Office products.
  • Strong communication skills, both verbal and written, with attention to detail.
  • Ability to work independently or as part of a team on multiple projects.
  • Flexibility to work beyond regular office hours based on business needs.
  • Capability to multitask and manage regular duties alongside project work.
  • ShareAustin:

Related Jobs