Description
Job Summary
The Securities Lending Associate will be responsible for various securities lending operational tasks. Through training, this position will learn and actively participate in balancing the daily settlement, reconcile multiple programs and accounts, evaluate numerous reports and keep detailed record. This position will interact with internal department and outside contra firms.
Essential Duties and Responsibilities
- Monitor, reconcile, and balance daily activity for multiple accounts and systems (DTCC, FIS Loanet, and Stifel's back office system).
- Perform post trade settlement services, including loan and return settlement, recalls, corporate action processing and administer corresponding entries.
- Ensure that contracts are mark to the market daily to reflect the daily price fluctuations.
- Inspect various reports and maintains appropriate records indicating performance.
- Reconcile, collect or deliver electronic payments for month-end interest payable and receivable, and post necessary general ledger movements.
- Assist in the issuance and processing of recall notices.
Qualifications
- Excellent organizational skills.
- Ability to establish and maintain cooperative working relationships with colleagues and outside counterparties.
- Perform a variety of tasks with interruptions
- Seeks increased responsibilities for self-development and growth
- Strong attention to detail and accuracy skills
Education and Experience
- Minimum Required: High School diploma or equivalent
- Minimum Required: 0 to 1 years' related experience
Systems and Technology
- Proficient in Microsoft Excel, Word, PowerPoint, Outlook
About Stifel
Stifel is a more than 130 years old and still thinking like a start-up. We are a global wealth management and investment banking firm serious about innovation and fresh ideas. Built on a simple premise of safeguarding our clients' money as if it were our own, coined by our namesake, Herman Stifel, our success is intimately tied to our commitment to helping families, companies, and municipalities find their own success.
While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations. Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more. Let's talk about how you can find your place here at Stifel, where success meets success.
At Stifel we offer an entrepreneurial environment, comprehensive benefits package to include health, dental and vision care, 401k, wellness initiatives, life insurance, and paid time off.
Stifel is an Equal Opportunity Employer.
Apply on company website
Find Connections via Linkedin
