Domestic Stock Loan Ops presso Jefferies LLC
Jefferies LLC · Jersey City, Stati Uniti d'America · Onsite
- Professional
- Ufficio in Jersey City
Jefferies is seeking an individual with experience in various areas of domestic securities finance operations. Focusing on day-to-day processing, communicating with the sales desk on all concerns along with supervision of multiple functions within the stock loan space. Interacting with other departments within the operations team along with the outsourcing team to resolve issues and promote business expansion.
Responsibilities:
- Supporting end to end lifecycle of US Securities Finance space.
- Daily processing of mark to markets, contract compare, billing, rates changes, recalls, buy ins, returns, and firm balancing.
- Monitor firm out of balances, breaks and daily metrics.
- Reconciling and monitoring the non-cash collateral business involving stock borrow, loan triparty repo and reverse repo transactions.
- Working with management and front office on all new business initiatives.
- Assisting with internal and external audits – involving contract compare, marks and rebates / billing.
- Assist in response to regulatory inquiries.
- Understanding of the fully paid lending module and lending of re-hypothecated positions.
- Knowledge of the monthly rebates / billing process and resolving discrepancies as they arise by working with the trading desk and our counter parties.
- Assist the outsourcing team with new processes and documentation of procedures.
- Ability to process and understand the inventory management tool within SmartLoan, including account codes, client account maintenance, view and adjust screens.
- Oversighting announced Fed rate movements for accuracy.
Requirements:
- 5+ years of experience in various areas of Domestic Sec Finance.
- Experience with Loanet and DTC mandatory
- Experience with Smartloan, Broadridge BPS, customer asset protection, and stock record knowledge preferred.
- Ability to work independently with strong organizational and communication skills.
- Experience with Microsoft product suite required.
Primary Location Full Time Salary Range of $120,000 - $135,000.
Company
Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies, and governments.
At Jefferies, we are committed to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.
Jefferies is committed to creating and sustaining a workforce that welcomes individuals from all backgrounds to apply. Our employment decisions are made without regard to race, creed, color, national origin, ancestry, religion, pregnancy, age, medical condition, physical or mental disability, marital status, domestic partner status, sex, sexual orientation, gender, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law.
The salary offered will take into consideration an individual’s experience level and qualifications. In addition to salary, Jefferies Financial Group is proud to offer a comprehensive benefits package to eligible, full-time employees or part-time employees, who are scheduled to work at least 30 hours or more per week, including an annual discretionary incentive and retention bonus, competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Jefferies also offers paid time off packages that include planned time off (e.g., vacation), unplanned time off (e.g., sick leave), and paid holidays, and for full time employees, paid parental leave.
