Securities Lending Associate

Apex Fintech Solutions • Dallas, TX

2d • Hybrid

About The Position

The Securities Lending Analyst supports the daily operations of the firm’s securities lending desk. The role monitors and manages stock loan activity, including loan recalls, buy-ins, contract reconciliations, and billing support. The Analyst serves as an operational contact for internal teams, broker-dealers, and correspondent firms, helping resolve securities lending needs promptly while maintaining compliance with applicable regulatory and firm requirements.

The position involves issuing recalls to cover deficits and fails to deliver, approving customer short-sale requests, managing securities lending and borrowing needs, performing reconciliations, supporting month-end billing, and responding to correspondent inquiries. The job description notes that responsibilities and activities may change at any time.

Requirements

• Bachelor’s degree in Finance or Business Administration.
• SIE license, or ability to obtain it within three months of the hire date.
• Detail-oriented.
• Strong focus on customer service and customer satisfaction.
• Accountability and high personal and professional standards.
• Ability to organize and manage multiple priorities and tasks in a fast-paced environment.
• Excellent interpersonal and communication skills.
• Excellent oral and written communication skills.
• Strong analytical ability and capacity to develop an understanding of finance and the securities lending business.
• Computer proficiency in Word, Excel, Access, and Outlook.

Nice To Haves

• One to three years of experience on a securities lending desk, preferably in operations.
• Working knowledge of stock record and securities clearing.

Responsibilities

• Issue recalls to cover deficits and fails to deliver.
• Approve customer short-sale requests pursuant to regulatory requirements.
• Review incoming security-needs lists from brokers and lend securities as appropriate.
• Perform stock loan buy-ins for securities that are on loan and have not been returned.
• Borrow securities from broker-dealers as needed to cover internal needs.
• Perform daily reconciliations for various stock loan accounts.
• Assist with the month-end billing process involving broker-dealers and correspondents.
• Support correspondents with inquiries about locates, hard-to-borrow charges, and buy-in concerns.
• Maintain compliance with applicable regulatory and firm requirements.

Benefits

• Healthcare benefits, including medical, dental, vision, and EAP.
• Competitive PTO.
• 401(k) match.
• Parental leave.
• HSA contribution match.
• Paid Calm app subscription.
• External learning benefits.
• Tuition reimbursement.
• Hybrid work schedule for most roles, with the flexibility to work from home and a primary office.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level