GBM - Operations - Securities Lending - Analyst
Spectraforce
Salt Lake City, Utah
2 days ago
Job Description
Title: GBM - Operations - Securities Lending - Analyst
Location: Salt Lake City, UT, 84111
Duration: 6 months
Responsibilities will include:
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.
Location: Salt Lake City, UT, 84111
Duration: 6 months
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/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.
- 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.
- Bachelor's Degree.
Applicant Notices & Disclaimers
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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.