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Securities Lending Associate
1 month ago
Candidate will have considerable interaction with the broker/dealer community and custodians and will be responsible for following up on settlement of returns, recalls and sells throughout the shift. Candidate will be expected to escalate urgent settlement and buy-in issues to their supervisors in a timely manner. The candidate will need to develop and establish effective positive working relationships both internally and externally to successfully perform the job.
RESPONSIBILITIES:n10 pm – 7 am (EST) working schedule (Hybrid) with requirement to have an office presence for training.nAPAC market support primarily in Taiwan.nProcess and track trade notification from lender’s, investment managers and/or lender’s custodian(s) within established timeframes.nEnsure the timely and accurate distribution of recall notices to the borrowers, track and monitor open recalls and provide follow up as needed; escalate any sensitive issues with Supervisor.nEnsure daily global operational processes and procedures efficiently and effectively reduce exposure, while providing quality service and compliance with individual lender guidelines and risk parameters.nDevelop, maintain, and leverage borrower relationships to provide quality services by determining and adapting to the changing requirements of borrowers.nSupport other operational business units as needed (settlements team, etc.).nOptimize current procedures and processes to greater efficiency.
QUALIFICATIONS:nBS/BA preferred; preferably in Accounting, Economics, Finance, or related field.n2 years related work experience.nProficient in MS Office (specifically Word and Outlook)nDemonstrated success with detail-oriented work.nMust be capable of managing multiple tasks at the same time.nRequires excellent oral and written communication skills.nWorks well in a fast-paced, and deadline driven environment.nPrior securities lending settlement experience a plus.
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