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Role Description

We are seeking a detail-oriented and experienced Securities Lending Operations professional to join our dynamic team. In this fully remote position, you will handle the day-to-day operational aspects of securities lending activities, ensuring accurate processing, timely settlements, and effective risk management. This role is ideal for someone with strong reconciliation skills and hands-on experience in securities lending workflows.

• Perform daily securities lending operations, including loan processing, returns, monitoring, and settlement activities.
• Conduct position and cash reconciliations across systems to identify and resolve discrepancies.
• Manage loan recalls, buy-ins, and related exception resolution in a timely manner.
• Process and balance corporate actions, with a focus on dividend processing and event impacts on lent securities.
• Utilize LoanNet for trade and inventory management, DTC for settlement and custody activities, and BPS for relevant processing workflows.
• Collaborate with trading teams, counterparties, and internal stakeholders to ensure smooth execution and minimize operational risk.
• Maintain accurate records, generate reports, and support audit/compliance requirements using advanced Excel functions for data analysis and reconciliation.

Qualifications

• Proven experience in securities lending operations, stock loan processing, or related financial operations roles.
• Strong knowledge of corporate action processing, particularly dividend events and their implications for lent securities.
• Hands-on proficiency with LoanNet (FIS Securities Lending Processing Platform), DTC (Depository Trust Company) settlement processes, and BPS systems.
• Advanced Excel skills (pivot tables, VLOOKUP/XLOOKUP, data manipulation, macros a plus) for reconciliation and reporting.
• Excellent attention to detail, problem-solving abilities, and the capacity to manage multiple priorities in a fast-paced environment.
• Solid understanding of securities lending lifecycle, collateral management, recalls, buy-ins, and balancing procedures.
• Strong communication skills for interacting with internal teams and external counterparties.

Requirements

• Experience with mark-to-market processes, collateral monitoring, or exception handling in securities finance.
• Familiarity with regulatory requirements in securities lending (e.g., Reg T, 15c3-3).

Benefits

• 401(k)
• Bonus based on performance
• Dental insurance
• Opportunity for advancement
• Vision insurance