Operational Specialist

About the Role

The Operations Specialist – Securities Lending Settlements & Marks Team is responsible for the timely and accurate settlement of securities lending transactions, including daily mark-to-market calculations and margin processing.

This role works closely with Trading and internal partners to ensure proper collateral management, break resolution, and operational efficiency. The ideal candidate thrives in a fast-paced environment, can manage competing priorities, and understands global financial markets and evolving regulatory requirements.

• Quality Assurance/Control
• Ensure timely settlement of trades in various markets with various custodians.
• Maintain proper level of cash collateral for all outstanding loans.
• Ensure time posting of corporate action entitlements.
• Follow up on outstanding items with borrowers, traders and RMs.
• Escalate past due items to supervisor.
• Manage handoff of open London activity daily and ensure timely completion.
• Cross train and cover other desks within lending operations as required.
• Transaction Process
• Process daily margin calls with our borrowers.
• Agree exposure figures daily with borrowers and resolve any breaks.
• Work with borrowers to increase automation.
• Process Improvements
• Identify opportunities for process changes that result in productivity enhancements or risk reduction.
• Work with supervisor and technology to develop and implement workflow changes to improve processing efficiency.
• Stay up-to-date with evolving industry and regulatory changes impacting the business.

• BS/BA
• 0-1 years industry experience; securities lending a plus.

• Strong analytical skills.
• Ability to multitask and prioritize appropriately.
• Understanding of global custody, equity finance, prime brokerage, or securities lending industry.

• Microsoft Excel, Word, PowerPoint, Access, Teams, Outlook, Python, SQL, SAS, Tableau

$24-$27/hr

Our Client is committed to diversity and inclusivity.