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Securities Lending Operations Specialist
Securities Lending Operations SpecialistPhaxis • Jersey City, NJ, US
Securities Lending Operations Specialist

Securities Lending Operations Specialist

Phaxis • Jersey City, NJ, US
24 days ago
Job type
  • Full-time
Job description

Broker Dealer Seeks Securities Lending Expert

Established Broker Dealer is seeking a candidate with strong securities lending experience to join their operations team. Key Responsibilities :

  • Check LOANET balances with DTC using Phase 3 to ensure accurate reconciliation of securities lending transactions.
  • Process smartloan returns from house accounts and ensure timely and efficient completion of loan return processes.
  • Investigate and resolve contract comparison errors to maintain accuracy in trade reconciliation and reporting.
  • Handle daily correspondence related to securities lending transactions, ensuring that securities are returned before deadlines.
  • Review the LOANET rebate compare report for potential billing errors before the month-end close.

Required Experience :

  • A Bachelor's Degree from an accredited university.
  • Minimum of 5+ years of experience in Securities Lending, with a deep understanding of industry practices.
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    Operation Specialist • Jersey City, NJ, US

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