Securities Lending Associate

APEX Fintech Services • Dallas, TX

1d • Hybrid

About The Position

The Securities Lending Associate 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 Associate 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 requires a bachelor’s degree in Finance or Business Administration and an SIE license, or the ability to obtain one within three months of hire. Preferred qualifications include one to three years of experience on a securities lending desk, preferably in operations, and working knowledge of stock record and securities clearing.

Requirements

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

• Issues recalls to cover deficits and fails to deliver.
• Approves customer short sale requests pursuant to regulatory requirements.
• Reviews incoming security needs lists from brokers and lends securities as appropriate.
• Performs stock loan buy-ins for securities on loan that have not been returned.
• Borrows securities from broker-dealers as needed to cover internal needs.
• Performs daily reconciliations for stock loan accounts.
• Assists with the month-end billing process for broker-dealers and correspondents.
• Supports correspondents with inquiries about locates, hard-to-borrow charges, and buy-in concerns.

Benefits

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

What This Job Offers

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