Social Capital Resources ยท 3 days ago
Stock Loan Operations Vice President
New York, NY
Full-time
Onsite
Senior Level, Lead/Staff
$120K/yr - $140K/yr
10+ years expSocial Capital Resources is a bank located in Midtown, Manhattan, seeking a Stock Loan Vice President for a full-time position. The role involves supporting the Stock Loan trading desk by managing operations and trade support, ensuring accurate reconciliation of trades and positions, and liaising with various stakeholders to maximize efficiency and minimize risk.
EmploymentFinancial ServicesFinTechRecruitingStaffing Agency
Responsibilities
Supports the Stock Loan trading desk by processing all aspects of Operations and trade support
Balances all positions and cash daily and research and reconcile any breaks or discrepancies in a timely manner
Reconcile and settle all monthly rebates and fees related to Securities Lending
Maintain detailed records of all discrepancies, resolutions, and final payments for audit purposes
Instructing trades, confirming settlements, agrees on details of the transactions with counter-parties, investigates failing trades, and covers market exposure with mark to markets
Liaise with the trading desk on incoming returns or recalls deciding whether to re-lend or clean up positions to maximize the rebate basis point spread between borrows and loans
Liaise with contra brokers to confirm/compare trade details
Assist the trading desk by monitoring email requests or phone calls and act promptly to reduce risk of exposure on recalls, buy-ins or failing
Qualification
Required
10+ years experience working in a Stock Loan Operations position
Must have a high level of experience with Loanet and Smartloan
Must have sufficient knowledge of the Depository Trust and Clearing Corporation Dashboard
Must have sufficient knowledge of OCC Encore application
Must be proficient in Microsoft Excel, and Word
Preferred
Knowledge of Phase III and fully paid lending program a plus
Company
Social Capital Resources
Headquartered in New York City, Social Capital Resources is a recruiting firm dedicated to facilitating the needs of both clients and candidates within the Financial Services, Finance/Accounting, FinTech and Technology industries.
11-50 employees
H1B Sponsorship
Social Capital Resources has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (2)
2024 (2)
2023 (3)
2022 (2)
2021 (1)
2020 (5)
Funding
Current Stage
Early StageLeadership Team
M
Matt Solomon
Founder and Managing Partner
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