Job Description

Job Title: Securities Lending - Analyst

Location: Onsite – Salt Lake City, UT

Duration: 6 Months Contract (with possible extension)

Pay Rate: $23.00 per hour (W2)

Work Schedule: 5 Days Onsite

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 Client' borrows from different Lenders
• Monitoring and booking returns on Client' 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

Skills

Basic 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
• Good organizational skills and ability to prioritize workload

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