Raymond James & Associates-posted 8 months ago
Full-time • Mid Level
Remote
Securities, Commodity Contracts, and Other Financial Investments and Related Activities

Under general supervision, uses specialized knowledge and skills in securities lending/sales obtained through training, certification and experience to assist trading and/or sales personnel in processing trades and communicating with clients and back office operations. Negotiates borrow/loan transactions for Customer and Conduit books. Approve customer requests for Short sales. Lend fully paid customer securities. Detailed instructions and established procedures and prescribed guidelines are provided to perform a variety of tasks of substantial variety and complexity, requiring some evaluation, originality or ingenuity in making routine decisions. Recommends solutions to moderately complex problems. Regular contact with internal and external customers is required to obtain, clarify or provide facts and information.

  • Tracks and confirms transactions to ensure accuracy.
  • Prepares management reports as required.
  • Assists others in resolving complex problems and issues.
  • Maintains profitable book of business and manages counterparty relationships.
  • Monitors PIL reporting.
  • Collaborate with Security Audit concerning firm requirements.
  • Borrow for recalls and buy-ins as necessary.
  • Maintains and updates account files.
  • Performs administrative tasks as necessary.
  • Maintains currency in organizational and industry current events and best practices.
  • Plans, organizes and maintains effective and efficient workflow.
  • Operates standard office equipment and uses required software applications.
  • Performs other duties and responsibilities as assigned.
  • Ensure appropriate work environment for full-time remote operation.
  • Bachelor's Degree (B.A.) or equivalent with a minimum of five (5) years experience with Stock Loan sales and/or support.
  • SIE required provided that an exemption or grandfathering cannot be applied.
  • FINRA Series 7 and the ability to obtain within ninety (90) days.
  • Series 99, or ability to obtain within 120 days (as required by FINRA).
  • Knowledge of commonly used securities industry practices and procedures.
  • Experience with Loanet / Smartloan or similar systems.
  • Understanding of concepts, principles and practices of securities trading/sales.
  • Familiarity with re-org and dividend requirements relating to shares borrowed or loaned.
  • Experience with procedures for processing trades.
  • Wide-ranging benefits and support for professional development.
  • Networking groups prioritizing diversity and inclusion.
  • Opportunities for career growth.
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