About Siebert Financial
Siebert Financial is a leading brokerage and financial services firm with a rich history dating back to 1967, founded by Muriel Siebert—the first woman to own a seat on the New York Stock Exchange. We are committed to financial freedom for everyone, providing a full range of brokerage, investment advisory, wealth management, and specialized services through our subsidiaries, including Muriel Siebert & Co., LLC (a registered broker-dealer and NYSE member). With a focus on client-first solutions, innovation, and operational excellence, Siebert supports diverse financial needs in today’s dynamic markets.
About the Role
We are seeking a detail-oriented and experienced Securities Lending Operations professional to join our dynamic team. In this fully remote position, you will handle the day-to-day operational aspects of securities lending activities, ensuring accurate processing, timely settlements, and effective risk management. This role is ideal for someone with strong reconciliation skills and hands-on experience in securities lending workflows.
Key Responsibilities
- Perform daily securities lending operations, including loan processing, returns, monitoring, and settlement activities.
- Conduct position and cash reconciliations across systems to identify and resolve discrepancies.
- Manage loan recalls, buy-ins, and related exception resolution in a timely manner.
- Process and balance corporate actions, with a focus on dividend processing and event impacts on lent securities.
- Utilize LoanNet for trade and inventory management, DTC for settlement and custody activities, and BPS for relevant processing workflows.
- Collaborate with trading teams, counterparties, and internal stakeholders to ensure smooth execution and minimize operational risk.
- Maintain accurate records, generate reports, and support audit/compliance requirements using advanced Excel functions for data analysis and reconciliation.
Required Qualifications & Skills
- Proven experience in securities lending operations, stock loan processing, or related financial operations roles.
- Strong knowledge of corporate action processing, particularly dividend events and their implications for lent securities.
- Hands-on proficiency with LoanNet (FIS Securities Lending Processing Platform), DTC(Depository Trust Company) settlement processes, and BPS systems.
- Advanced Excel skills (pivot tables, VLOOKUP/XLOOKUP, data manipulation, macros a plus) for reconciliation and reporting.
- Excellent attention to detail, problem-solving abilities, and the capacity to manage multiple priorities in a fast-paced environment.
- Solid understanding of securities lending lifecycle, collateral management, recalls, buy-ins, and balancing procedures.
- Strong communication skills for interacting with internal teams and external counterparties.
Preferred Qualifications
- Experience with mark-to-market processes, collateral monitoring, or exception handling in securities finance.
- Familiarity with regulatory requirements in securities lending (e.g., Reg T, 15c3-3).
What We Offer
- Competitive base salary of $100,000 - $115,000, depending on experience, plus performance-based bonuses.
- Fully remote work arrangement with flexible hours.
- Opportunity to work in a specialized, high-impact area of financial markets.
- Professional growth in securities finance operations at an established firm with a legacy of innovation.
If you are a proactive self-starter with expertise in securities lending operations and the listed systems, we encourage you to apply! Please submit your resume and a brief note highlighting your relevant experience with LoanNet, DTC, reconciliations, and corporate actions.
This is a remote position.