Phaxis ยท 2 weeks ago
Securities Lending Operations Specialist
Phaxis is an established Broker Dealer seeking a candidate with strong securities lending experience to join their operations team. The role involves managing securities lending transactions, ensuring accurate reconciliations, and addressing any discrepancies promptly.
DeliveryHuman ResourcesStaffing Agency
Responsibilities
Check LOANET balances with DTC using Phase 3 to ensure accurate reconciliation of securities lending transactions
Process smartloan returns from house accounts and ensure timely and efficient completion of loan return processes
Investigate and resolve contract comparison errors to maintain accuracy in trade reconciliation and reporting
Handle daily correspondence related to securities lending transactions, ensuring that securities are returned before deadlines
Review the LOANET rebate compare report for potential billing errors before the month-end close
Qualification
Required
A Bachelor's Degree from an accredited university
Minimum of 5+ years of experience in Securities Lending, with a deep understanding of industry practices