Job Title: Global Banking & Markets - Securities Lending - Operations - Analyst Duration: 3 Months Location: Salt Lake City, Utah
Duties & 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’s’ borrows from different Lenders
Monitoring and booking returns on client’s’ 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’s/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
Act as a change agent solving problems at root cause whilst also taking / making opportunities to automate flows
Skills:
Experience 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 prioritise workload
Education:
Bachelor's Degree
About Us: Established in 2004, SPECTRAFORCE® is one of the largest and fastest-growing diversity-owned staffing firms in the US. The growth of our company is a direct result of our global client service delivery model that is powered by our state-of-the-art A.I. proprietary talent acquisition platform, robust ISO 9001:2015/ISO 27001 certified processes, and strong and passionate client engaged teams. We have built our business by providing talent and project-based solutions, including Contingent, Permanent, and Statement of Work (SOW) services to over 140 clients in the US, Canada, Puerto Rico, Costa Rica, and India. Key industries that we service include Technology, Financial Services, Life Sciences, Healthcare, Telecom, Retail, Utilities and Transportation. SPECTRAFORCE is built on a concept of “human connection,” defined by our branding attitude of NEWJOBPHORIA®, which is the excitement of bringing joy and freedom to the work lifestyle so our people and clients can reach their highest potential. Learn more at: http://www.spectraforce.com
Benefits: SPECTRAFORCE offers ACA compliant health benefits as well as dental, vision, accident, critical illness, voluntary life, and hospital indemnity insurances to eligible employees. Additional benefits offered to eligible employees include commuter benefits, 401K plan with matching, and a referral bonus program. SPECTRAFORCE provides unpaid leave as well as paid sick leave when required by law.
Equal Opportunity Employer: SPECTRAFORCE is an equal opportunity employer and does not discriminate against any employee or applicant for employment because of race, religion, color, sex, national origin, age, sexual orientation, gender identity, genetic information, disability or veteran status, or any other category protected by applicable federal, state, or local laws. Please contact Human Resources at LOA@spectraforce.com if you require reasonable accommodation. At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws. This position’s starting pay is: $23.00/hr.
