Securities Lending Operations Specialist
PhaxisJersey City, NJ, USjob_description.job_card.variable_days_ago
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job_description.job_card.job_descriptionA Bachelor's Degree from an accredited university. Minimum of 5+ years of experience in Securities Lending, with a deep understanding of industry practices.
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 :
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Operation Specialist • Jersey City, NJ, US