Securities Lending Trader

WHO WE ARE

Leonteq is a Swiss fintech company and a leading marketplace for structured investment solutions. Combining capital markets expertise with proprietary technology, the company provides access to a wide range of structured investment opportunities. Entrepreneurial thinking is central to how we work. Expertise is valued, ownership is encouraged, and employees are empowered to actively shape their areas of responsibility. Innovation and continuous improvement are part of daily life, making Leonteq a dynamic and collaborative place to grow your career.

At Leonteq, we are a leading player in the financial industry, renowned for our innovative approaches, our commitment to excellence and our entrepreneurial spirit. Our organisational values people together, passion, dedication, quality and expertise are our guiding north star.

• Trade and price securities loan and borrow, negotiate fees, transaction size, collateral and tenor with banks, prime brokers and institutional investors
• Secure borrow to cover short positions, trading strategies and settlement requirements, including scarce or  hard-to-borrow  securities
• Allocate available securities efficiently to optimize inventory utilisation and identify opportunities to earn lending revenue or reduce borrowing costs
• Monitor daily profit and loss, positions, fee changes and counter party exposures
• Manage loan recalls, returns and renewals; anticipate changes in availability and mitigate settlement failures
• Assess collateral eligibility, haircuts, margin requirements and the funding implications of transactions
• Monitor corporate actions, evaluate the impact of dividends, coupons, rights issues, takeovers and other events on loaned securities and their economics
• Develop counter party relationships, maintain strong access to securities supply and demand, negotiate competitive terms and diversify sources of borrow
• Coordinate across teams, work with Treasury, Trading, Structuring, Risk, Legal and Operations to execute and maintain transactions
• Identify opportunities to improve trading, operations and controls through data, quantitative analysis and automation, working closely with Technology and Developers to implement practical solutions
• Build effective working relationships with Operations
• Product Control, Risk and other support functions to ensure smooth daily processes and identify opportunities to improve efficiency and reduce operational risk
• Maintain compliance, operate within trading mandates, credit limits, market rules and contractual requirements

• University degree in Finance, Economics, Mathematics or a related discipline
• Minimum 3 - 5 years of relevant professional experience, with experience in Securities Lending, Securities Finance, Repo or Derivatives Trading
• Demonstrated ability to actively trade and identify revenue opportunities while maintaining a disciplined approach to risk
• Thorough understanding of equity and fixed-income settlement mechanics, including settlement cycles, market conventions, settlement risk and buy-in procedures
• Strong analytical skills and the ability to interpret market trends, company fundamentals, corporate actions and other factors that can impact trading opportunities and risk
• Experience working with counter parties and internal stakeholders, with strong communication, relationship management and negotiation skills
• Intellectual curiosity and a strong interest in financial markets, with an appetite for continuous learning
• Ability to manage multiple priorities, work independently and meet tight deadlines in a fast-paced trading environment
• Familiarity with legal documentation: GMSLA, GMRA, ISDA
• Strong attention to detail, with a structured and logical approach to risk, P&L and problem solving
• Advanced Excel skills and proficiency in one or more of SQL, Python, VBA or Business Objects
• A strong work ethic, positive attitude and high level of energy, drive and self-motivation
• A collaborative team player who is also comfortable taking ownership and working autonomously in a dynamic and constantly changing environment

• Experience the dynamics of a leading fintech company
• Insight opportunities across all departments to understand and build know-how in the mechanics of the structured investment product value chain