Stock Loan Sales Associate

Stock Loan Sales Associate

Requirements

• Commonly used securities industry practices and procedures.
• Loanet / Smartloan or similar systems.
• Concepts, principles and practices of securities trading/sales.
• Re-org and dividend requirements relating to shares borrowed or loaned.
• Procedures for processing trades.
• Responding professionally to inquiries and researching and resolving problems in a timely manner.
• Performing qualitative and quantitative data analysis.
• Analyzing problems and developing creative solutions.
• Attending to detail while ensuring quality standards are met without impacting workflow.
• Developing and maintaining effective workflow processes.
• Using standard office equipment and required software applications for electronic communication, spreadsheets and databases.
• Communicate effectively, both orally and in writing
• Provide a high level of customer service, including demonstrating sensitivity to customer needs and responding proactively.
• Work independently as well as collaboratively within a team environment.
• Organize and prioritize multiple tasks and meet deadlines.
• Establish and maintain effective working relationships with others.
• Bachelor’s Degree (B.A.) or equivalent with a minimum of five (5) years experience with Stock Loan sales and/or support.
• SIE required provided that an exemption or grandfathering cannot be applied.
• FINRA Series 7 and the ability to obtain within ninety (90) days.
• Series 99, or ability to obtain within 120 days (as required by FINRA), required.

Responsibilities

• Tracks and confirms transactions to ensure accuracy.
• Prepares management reports as required.
• Assists others in resolving complex problems and issues.
• Maintains profitable book of business and manages counterparty relationships.
• Monitors PIL reporting.
• Collaborate with Security Audit concerning firm requirements.
• Borrow for recalls and buy-ins as necessary.
• Maintains and updates account files.
• Performs administrative tasks as necessary.
• Maintains currency in organizational and industry current events and best practices.
• Plans, organizes and maintains effective and efficient workflow.
• Operates standard office equipment and uses required software applications.
• Performs other duties and responsibilities as assigned.
• Ensure appropriate work environment for full-time remote operation.

Preferred Qualifications

No preferred qualifications provided.