Equities - Securities Lending Trader - Associate/VP
$150,000–$150,000 year
On-siteNew York, United States
Job Summary
Borrow and lend securities to facilitate client short sales, financing transactions, and market-making activity while managing daily borrow and lending activity across a diverse portfolio. Price and execute securities lending transactions to maximize revenue, identify hard-to-borrow opportunities, and produce actionable single-stock market color and liquidity insights for internal desks and institutional clients. Own a portfolio of institutional and retail lender relationships, driving monetization initiatives and expanding lender participation to grow lending revenue. Monitor borrow availability, utilization trends, and counterparty risks to ensure trading activity remains within established limits and regulatory requirements. Partner with Prime Brokerage, Distribution, and Technology teams to enhance trading workflows, automation, and dynamic pricing capabilities.
Required Qualifications
- Securities Lending Trading & Market Intelligence
- Borrow and lend securities to facilitate client short sales, financing transactions, and market-making activity
- Manage and optimize daily borrow and lending activity across a diverse portfolio
- Price and execute securities lending transactions to maximize revenue and optimize inventory
- Partner with Delta One Trading on strategic pricing, inventory optimization, and revenue opportunities
- Identify hard-to-borrow opportunities, special situations, and supply-demand imbalances across global equity markets
- Monitor borrow availability, utilization, fee trends, corporate actions, and market events
- Produce actionable single-stock market color, borrow intelligence, utilization trends, and liquidity insights
- Own a portfolio of institutional and retail lender relationships
- Drive monetization initiatives and maximize participation across lending programs
- Partner closely with Securities Lending Distribution to source inventory and deliver financing solutions
- Develop initiatives to expand lender participation, increase wallet share, and grow lending revenue
- Represent the firm's securities lending platform and financing capabilities with external counterparties
- Monitor borrow availability, concentration, settlement, liquidity, and counterparty risks
- Ensure trading activity remains within established risk limits and regulatory requirements
- Incorporate market conditions and financing dynamics into prudent trading and inventory decisions
- Partner with Prime Brokerage, Securities Lending Product and Distribution, Equity Trading, Risk Management, Legal & Compliance, and Technology
- Improve client solutions and platform capabilities
- Enhance trading workflows, automation, inventory management, and dynamic pricing capabilities
- Identify opportunities to improve trading efficiency, market intelligence, and client service through technology and data
- Expected base pay rates for the role will be between $150,000 and $250,000 per year at the commencement of employment
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