RANFURLY RECRUITMENT

 

Investment Banking Jobs

We are specialists in Banking Operations, Middle Office and Trade Support and receive a large number of vacancies from premier Investment Banks throughout London.

Job Title Duration Location Salary
Trade Support - Stock Loan Ongoing
Temporary
City of London £200 / day

A new Trade Support opportunity has arisen in a top tier Investment Bank.

This role will involve resolving trade queries from internal and external sources on a timely basis to ensure timely and successful settlement. Other responsibilities will include:

- Assisting support groups in the resolution of failing trades, primarily borrow returns & Prime Brokerage lending trades.  

- Daily interaction with the Stock Loan trading desk, Settlements, Asset Services and other internal departments to resolve queries relating to Stock Loan activity.  

- Providing suggestions for Prime Brokerage borrow & return requirements into Stock loan trading system. 
- Ensuring market returns are booked & called in to street counterparts in line with market deadlines.

- Managing depot holdings of positions - covering shorts, utilising longs and managing the daily    DBV process.

- Manage settlement of ETF's and Buy-in resolution  

- Daily reconciliation of Stock Loan stock and cash breaks.    

The successful candidate will have:

- Stock Loan & UK settlements Experience

- Understanding of the securities lending market, trading processes and associated risks

- ETF product beneficial

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