Securities Lending Operations Specialist / Analyst

Muriel Siebert & Co Inc

7h•$100,000 - $115,000•Remote

About The Position

We are seeking a detail-oriented and experienced Securities Lending Operations professional to join our dynamic team. In this fully remote position, you will handle the day-to-day operational aspects of securities lending activities, ensuring accurate processing, timely settlements, and effective risk management. This role is ideal for someone with strong reconciliation skills and hands-on experience in securities lending workflows.

Requirements

Proven experience in securities lending operations, stock loan processing, or related financial operations roles.
Strong knowledge of corporate action processing, particularly dividend events and their implications for lent securities.
Hands-on proficiency with LoanNet (FIS Securities Lending Processing Platform), DTC(Depository Trust Company) settlement processes, and BPS systems.
Advanced Excel skills (pivot tables, VLOOKUP/XLOOKUP, data manipulation, macros a plus) for reconciliation and reporting.
Excellent attention to detail, problem-solving abilities, and the capacity to manage multiple priorities in a fast-paced environment.
Solid understanding of securities lending lifecycle, collateral management, recalls, buy-ins, and balancing procedures.
Strong communication skills for interacting with internal teams and external counterparties.

Nice To Haves

Experience with mark-to-market processes, collateral monitoring, or exception handling in securities finance.
Familiarity with regulatory requirements in securities lending (e.g., Reg T, 15c3-3).

Responsibilities

Perform daily securities lending operations, including loan processing, returns, monitoring, and settlement activities.
Conduct position and cash reconciliations across systems to identify and resolve discrepancies.
Manage loan recalls, buy-ins, and related exception resolution in a timely manner.
Process and balance corporate actions, with a focus on dividend processing and event impacts on lent securities.
Utilize LoanNet for trade and inventory management, DTC for settlement and custody activities, and BPS for relevant processing workflows.
Collaborate with trading teams, counterparties, and internal stakeholders to ensure smooth execution and minimize operational risk.
Maintain accurate records, generate reports, and support audit/compliance requirements using advanced Excel functions for data analysis and reconciliation.