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Securities Lending Associate

Securities Lending Associate - Position Details

POSITION:              Securities Lending Associate

DEPARTMENT:       Operations

JOB LOCATION:     London, UK

JOB DESCRIPTION:

The Operations team are set up to offer a hybrid working model with the option to work in the office or at home at the candidates choosing. An emphasis on providing a good work life balance is core to values of the company and the working hours reflect this. The position requires that candidates be detail orientated, able to work timely and accurately within deadlines and possess good problem-solving skills. Candidates should have excellent communication skills as they will be working with borrowers and custodians in locations both in the UK and overseas. Responsibilities of day-to-day operational support include, but are not limited to:

  • Accurately processing, monitoring securities transactions in international markets.
  • Reconciling and researching contract breaks between each borrower / lender relationship.
  • Ensuring all client positions are fully collateralised through market-to-market processing and collecting / returning collateral as necessary.
  • Assist recalls department regarding settlement of client portfolio transactions as well as cash management department for investment of cash collateral.
  • Make suggestions for the improvement of settlement efficiency and control

QUALIFICATIONS/REQUIREMENTS:

Seeking a candidate with two to three years related work experience. Candidates must be detail orientated; have excellent oral and written communication skills; be capable of managing multiple projects; and possess good problem-solving skills. Candidates should be proficient in Microsoft Office (specifically Excel and Word) and should have previous experience and/or proficiency in financial markets. Advanced Excel skills are desirable.

We offer competitive salaries, a robust benefits package and tremendous room for personal growth in a professional and challenging environment.  eSecLending is an equal opportunity employer.  Please submit resume with cover letter, including salary requirement to hr@eseclending.com

Securities Lending Associate (10pm – 7 AM EST)

Securities Lending Associate (10pm – 7 AM EST) - Position Details

POSITION:              Securities Lending Associate (10pm – 7 AM EST)

DEPARTMENT:       Operations, Recalls

JOB LOCATION:     Boston, MA or UK (London)

JOB DESCRIPTION:

The Securities Lending Associate (SLA) will provide direct assistance to eSecLending’s clients and broker/dealer communities in Europe, Asia and North America. This position is responsible for booking sell notifications, monitoring past due recalls and receipt and issuance of potential buy-in notices. This includes ensuring that all sell and recall processes for exclusive and discretionary securities lending programs are in compliance with established procedures. The SLA will also take loan and return instructions from the brokers and ensure accurate trade bookings internally as well as at the custodian level. Candidate will have considerable interaction with the broker/dealer community and custodians and will be responsible for following up on settlement of returns, recalls and sells throughout the shift. Candidate will be expected to escalate urgent settlement and buy-in issues to their supervisors in a timely manner. The candidate will need to develop and establish effective positive working relationships both internally and externally to successfully perform the job.

RESPONSIBILITIES:

  • 10 pm – 7 am working schedule (Hybrid) with requirement to have an office presence for training.
  • APAC market support primarily in Taiwan.
  • Process and track trade notification from lender’s, investment managers and/or lender’s custodian(s) within established timeframes
  • Ensure the timely and accurate distribution of recall notices to the borrowers, track and monitor open recalls and provide follow up as needed; escalate any sensitive issues with Supervisor.
  • Ensure daily global operational processes and procedures efficiently and effectively reduce exposure, while providing quality service and compliance with individual lender guidelines and risk parameters
  • Develop, maintain and leverage borrower relationships to provide quality services by determining and adapting to the changing requirements of borrowers.
  • Support other operational business units as needed (settlements team, etc)
  • Optimize current procedures and processes to greater efficiency

QUALIFICATIONS/REQUIREMENTS:

  • BS/BA preferred; preferably in Accounting, Economics, Finance, or related field.
  • 2 years related work experience.
  • Proficient in MS Office (specifically Word and Outlook)
  • Demonstrated success with detail-oriented work.
  • Must be capable of managing multiple tasks at the same time without supervision.
  • Requires excellent oral and written communication skills.
  • Works well in a fast-paced, and deadline driven environment.
  • Prior securities lending settlement experience a plus.

We offer competitive salaries, a robust benefits package and tremendous room for personal growth in a professional and challenging environment.  eSecLending is an equal opportunity employer.  Please submit resume with cover letter, including salary requirement to hr@eseclending.com

eSecLending is an equal opportunity employer

Please submit resumes with a cover letter, including salary requirements, to: hr@eseclending.com. Please, no agencies.

Fair Process Notice to UK

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