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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