Securities Lending Operations Specialist - Phaxis LLC
NYC, NY 90017
About the Job
Established Broker Dealer is seeking a candidate with strong securities lending experience to join their operations team.
Key Responsibilities:
Key Responsibilities:
- Check LOANET balances with DTC using Phase 3 to ensure accurate reconciliation of securities lending transactions.
- Process smartloan returns from house accounts and ensure timely and efficient completion of loan return processes.
- Investigate and resolve contract comparison errors to maintain accuracy in trade reconciliation and reporting.
- Handle daily correspondence related to securities lending transactions, ensuring that securities are returned before deadlines.
- Review the LOANET rebate compare report for potential billing errors before the month-end close.
- A Bachelor's Degree from an accredited university.
- Minimum of 5+ years of experience in Securities Lending, with a deep understanding of industry practices.
Source : Phaxis LLC