Director, Securities Lending Trader

Drive Wealth is on a mission to make investing easier. We believe that everyone should have the ability to control their financial future, and that access to financial markets should not be limited by geography, wealth, or legacy systems. We are a global B2B financial technology organization dedicated to democratizing access to financial independence around the world. Our mission is realized through an API-based platform, empowering our partners to offer seamless investing and trading experiences to clients worldwide, all from their mobile devices.

Our technology provides partners with a modern, extensible toolkit, enabling traditional investment workflows and innovative techniques like fractional share ownership. Drive Wealth has evolved into a global platform offering trading of US equities, mutual funds, ETFs, fixed income, and options.

There’s never been a better time to build a category-defining business and there has rarely been a team better positioned for this opportunity. Our culture blends the pace and agility of a fintech start-up with the impact, stability, and discipline of Wall Street. We encourage creativity and experimentation while ensuring institutional-grade execution and regulatory compliance in everything we do. Join us and help build the future of global investing!

We are seeking a highly skilled Director, Securities Lending Trader to help drive the growth, efficiency, and risk management of our securities lending program across our retail brokerage platform. In this role, you will serve as a senior contributor and operational leader, responsible for key elements of the lending lifecycle—inventory management, rate optimization, operations oversight, and strategic execution. This is a high impact position for a professional who thrives in a fast-paced environment, balancing daily market dynamics with operational excellence and strong cross‑functional collaboration.

• Manage day‑to‑day securities lending activities, including rate setting, supply/demand calibration, and inventory optimization.
• Oversee loan allocation processes and support the desk in maximizing utilization and revenue generation.
• Provide insights into market conditions, borrower demand, short interest, and rate trends.

• Maintain working relationships with agent lenders, borrowers, and clearing partners.
• Support the desk in pricing negotiations, strategic counter party discussions, and rate improvement initiatives.
• Monitor collateral levels, recalls, fails, and corporate action impacts.

• Lead process improvements, automation initiatives, and cross‑team coordination with Operations, Product, Engineering, and Data.
• Ensure accurate settlement, recall processing, and exception resolution.
• Partner with Finance and Reporting teams to validate daily revenue and reconcile inventory or rate discrepancies.

• Implement and monitor risk controls related to collateral, counter party exposure, settlement risk, and inventory concentration.
• Ensure activities align with regulatory requirements including SEC/FINRA rules (e.g., Reg SHO, Rule 15c3-3).
• Contribute to internal policy development, audit reviews, and regulatory examinations.

• Provide data‑driven insights, revenue forecasts, and performance analysis to the Head of Desk.
• Work closely with Product and Engineering teams to refine tools, dashboards, and automated workflows.
• Educate internal stakeholders on securities lending mechanics, customer impacts, and risk considerations.

• 7‑10+ years of experience in securities lending, securities finance, or prime brokerage.
• Series 99 and Series 7.
• Strong understanding and deep relationships in the hard‑to‑borrow securities lending market.
• Strong understanding of U.S. securities lending regulations, short‑selling mechanics, and customer protection rules.
• Familiarity with fully paid lending programs and customer disclosure requirements.
• Demonstrated ability to manage complex lending processes and optimize revenue or utilization.
• Excellent analytical,…