GBM - Securities Lending - Operations - Analyst

Gbm Securities Lending Operations Analyst

Title : GBM - Securities Lending - Operations - Analyst Duration : 6 months Location : Salt Lake City UT, 84111

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 SLAs 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 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.

Basic Qualifications :

Must Haves :

SPECTRAFORCE is an equal opportunity employer and does not discriminate against any employee or applicant for employment because of race, religion, color, sex, national origin, age, sexual orientation, gender identity, genetic information, disability or veteran status, or any other category protected by applicable federal, state, or local laws. Please contact Human Resources at nahr@spectraforce.com if you require reasonable accommodation.