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Trade Support Associate

Hoboken, NJ · Accounting/Finance
Currently seeking a Trade Support Associate for an immediate vacancy (full-time/permanent) in Hoboken, NJ. As the Trade Support Associate, you will assist the Securities Lending Desk in all operational aspects of the daily securities lending business (fixed income & equities).
  
As the Trade Support Associate, you will:
  • Ensure the accurate completion of all securities lending transactions.
  • Interact with Broker Dealers regarding loan pricing and loan details, ensuring timely settlements and avoidances of fails.
  • Interact with the Bank’s Middle Office and Back Office to confirm all daily lending/cash activity and settle various loan discrepancies.
  • Confirm all daily movements of collateral and changes in the lendable portfolio with Custody Department.
  • Input/book all daily lending activity into internal/vendor systems.
  • Assist members of Securities Lending Desk with trading, operational, and administrative functions.
  • Fully comply with the Bank Secrecy Act.
  • Help maintain and update Trade Support manuals and procedures.
 
What you bring:
  • Entry level (0-2 years) experience in Securities Lending, operations or trade support.
  • Global Securities Lending a plus.
  • Bachelors’ degree
  • Knowledge of Global1 or similar trading system a plus.
 
Local candidates only.
Must be legally authorized to work for any US employer without sponsorship.
 
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