Securities Lending Analyst

TradeStation•New York, NY

18h•Hybrid

About The Position

TradeStation is seeking a Securities Lending Operations Analyst to perform daily operational processes for its securities lending business. This role will report to and work closely with the Director of Securities Lending and senior team members. The analyst will be involved in a broad range of activities, gaining market experience across US securities and trade lifecycle management, and developing an understanding of the securities lending and brokerage businesses. The company is building an AI-First culture and expects team members to embrace AI in their daily workflows.

Requirements

High level of integrity and precision
Analytical skills to identify and manage firm risk
Organizational skills to prioritize responsibilities and meet regulatory and firm deadlines
Ability to multi-task in a fast-paced, deadline-driven environment
Effective and efficient communication skills with advisors and other operational groups
Proficiency in Microsoft Excel for compiling data and executing calculations
Proficiency in Microsoft Access for creating and managing databases
Proficiency in Microsoft Outlook and Microsoft Word
Self-starter with initiative and ability to work in a team atmosphere
Willingness to take on new objectives and initiatives
Bachelor's degree required
3-5 years of brokerage operational experience/background recommended, preferably in securities lending

Responsibilities

Work with department head and learn all processes of equity and fixed income lending support operations
Become an integral part of the lending operations team, assist with covering broker-to-broker and fully paid lending accounts
Facilitate mark-to-market adjustments, OCC marks processing, booking, cancel and correct borrows and loans, stock and cash break reconciliation, rate changes and contract compares
Train with senior personnel and learn the Loanet application
Complete EOD balancing and management reporting
Process corporate actions and buy-in requests
Set-up new counterparty accounts
Initiate monthly interest rebate settlements
Process quarterly audit confirmations