Join the Stock Borrow Loan team to support trade structures and enhance operational efficiency.

As a Trader Assistant in our Stock Borrow Loan (SBL) team, you will play a crucial role in supporting our trading desk, ensuring seamless trade execution, and driving process improvements. You will act as a key liaison between the trading desk and support teams, translating desk strategies into actionable operations. Your role will involve governance of trade fail activity, oversight of regulatory compliance, and collaboration with various infrastructure groups to support a unified team approach.

Job Responsibilities

Provides close support to the trading desk, continuously seeking ways to enhance operational supportDevelops a comprehensive understanding of trading structures from both financial and operational perspectivesExecutes trade bookings accurately and timely, manages recalls, corporate actions, and trade lifecycle eventsOversees SBL fail activity, conducting root cause analysis to improve outcomesEnsures compliance with SBL regulatory requirements through precise trade bookingsManages PB rehypothecations and short cover processesMaximizes the use of vendor services and drive performance improvementsCollaborates with operations and infrastructure groups to foster a 'one team' approachPerforms and sign off on all controls diligently and timelyCommunicates clearly with support teams to resolve queries efficientlyContributes to strategic initiatives, driving process improvements and innovation

Required Qualifications, Capabilities, and Skills:

In-depth understanding of the SBL product and trading structuresExperience with front-to-back operations processes, including confirmations, settlements, and regulatory reportingKnowledge of infrastructure groups (Finance, Market Risk, Credit Risk, etc.) and their interaction with the Trader Assistant teamStrong communication skills for collaborative work and effective stakeholder managementAttention to detail and a strong sense of ownershipAbility to work effectively in a pressurized and changing environmentStrong organizational skills to prioritize tasks and balance speed with accuracyAnalytical and numerical proficiencyProblem-solving, control, and project management skills

Preferred Qualifications, Capabilities, and Skills:

Experience in a similar role within a financial institutionFamiliarity with innovative tools and vendor solutions in trade operationsTechnical skills, particularly in Excel; experience with Alteryx/Tableau is a plus