What are the responsibilities and job description for the Securities Lending Analyst position at Strategic Staffing Solutions?
Strategic Staffing Solutions is searching for Financial Services Professionals in Salt Lake City, UT who have a Bachelor's Degree and 1-2 years of experience in financial institutions / client service to join one of the largest global organizations in Investment Banking / Wealth Management!
TREMENDOUS OPPORTUNITY FOR RECENT COLLEGE GRADS WITH A DEGREE IN FINANCE, BUSINESS, OR ACCOUNTING TO GET YOUR FOOT IN THE DOOR WITH ONE OF THE LARGEST GLOBAL WEALTH MANAGEMENT ORGANIZATIONS!!! ONE YEAR OF EXPERIENCE IN SECURITIES LENDING IS ALL THEY ARE ASKING FOR!
MAX PAY RATE : $23.00 / HR W2
WORK LOCATION : SALT LAKE CITY, UT (MUST WORK ON SITE FULL TIME, 5 DAYS / WEEK)
BASIC DESIRED QUALIFICATIONS :
Experience gained within Securities Lending
Self-driven with excellent communication and interpersonal skills
Flexible team player and aptitude to working well under pressure to meet deadlines
Strong analytical skills with ability to understand technical workflows in detail
Previous project management experience or ability to identify and drive forward process improvement
RESPONSIBILITIES WILL INCLUDE :
Developing and maintaining strong relationships with all stakeholders - Business, Engineering, Operations and Credit. Actively engage, partner and drive changes, provide excellent service and support.
Delivering transactions in agreed time-frames, as per SLA’s whilst improving quality of processing, reducing errors and inculcating the zero error culture.
Proactively managing operational risk inherent in business.
Ensuring all operational risk / issues are identified and mitigated appropriately and proactively.
Ensuring adequate operational controls to manage non generic business
Monitoring and booking recall requests on borrows from different Lenders
Monitoring and booking returns on loans to external Counterparts
Monitoring and booking / amending returns on open borrows based on counter-party feedback
Monitoring and booking returns which get cancelled due to issues with Client / Vendor systems
Informing the trading desk daily on all borrows which have been recalled but not returned
Query resolution and interaction with trading desk and Lenders on recall / return requests
Agreeing to deliver / receive margin based on Stock borrow / loan settlement and mark-to-market activity
Investigating and resolving discrepancies of positions (cash and securities) in the firm s books and records.
Completing and overseeing daily checklist ensuring all controls, procedures and processes relating to the assigned functions are followed
To act as a change agent solving problems at root cause whilst also taking / making opportunities to automate flows
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