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E*TRADE from Morgan Stanley · 1 month ago

Director of Stock Loan and Fully Paid Lending Operations

New York, New York, United States of America

Full-time

Onsite

Mid, Senior Level

$82K/yr - $133K/yr

5+ years exp

E*TRADE from Morgan Stanley is seeking a Director of Stock Loan and Fully Paid Lending Operations to drive strategic operations requiring deep expertise and strong leadership. This role involves overseeing stock loan activities, ensuring accurate processing, settlement, and compliance while managing the operations team and optimizing workflows for efficiency.

BankingFinanceFinancial Services

Responsibilities

Manage and supervise the stock loan operations team and daily activities related to stock loan and fully paid lending transactions

Oversee trade settlement, reconciliation, and reporting for stock loan accounts

Ensure compliance with internal policies and regulatory requirements specific to stock lending

Develop and implement process improvements to increase operational efficiency and reduce risk

Coordinate with sales, trading, finance, and compliance teams on loan products, risk management, and reporting

Monitor and resolve operational issues related to stock loans while escalating complex issues as needed

Lead training and development initiatives for team members

Qualification

Stock loan operationsSecurities lendingRegulatory complianceAnalytical skillsProcess automationLeadership skillsFIS systemsLoanetDTCCommunication skillsProblem-solving skillsCollaboration