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Job Snapshot
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Employee Type:
Full-Time -
Location:
St. Petersburg, FL -
Experience:
Not Specified -
Date Posted:
11/12/2024
Job Description
Job Summary
Under minimum supervision use skills obtained through experience and training to perform all functions in the Securities Lending Operations group. Ensures the delivery and receipt of equity and/or or debt securities utilizing the DTCC or Fed Reserve settlement systems. Responsible for guaranteeing the accuracy of the multiple reports used to make deliveries and process the settled trades. Participate in balancing the daily settlement. The person in this role will have interaction with various departments or contra firms and will ensure accurate record keeping.
Essential Duties and Responsibilities
Job Requirements
Knowledge, Skills, and Abilities
Knowledge of
The Loanet application
DTCC
Corporate action processing related to securities lending transactions.
Investment concepts, practices, and procedures used in the securities industry to include the trade cycle of execution, clearance and settlement.
Financial markets and products.
Trade processing, trade comparisons, security setup, options transactions and products.
General office practices, procedures and methods.
General accounting procedures.
Skill in
Mathematical/bookkeeping including addition, subtraction, multiplication, division, percentages, fractions, averages and balancing sufficient to complete settlement.
Microsoft Office applications (Word, Excel, Outlook and Access) at an intermediate to high level.
Organizational and time management sufficient to prioritize workload, handle multiple tasks, and meet deadlines.
Ability to
Work well under pressure due to stringent timeframes and high trade volume.
Adjust to fluctuations in work volume and changes to assignment priorities.
Maintain accuracy when running entries or delivering shares through the various depositories.
Communicate information orally and written in a clear and effective manner sufficient to interact with internal associates and external contacts at all levels.
Research and resolve problems in a timely manner.
Educational/Previous Experience Requirements
Education/Previous Experience
Bachelor's degree in a related field or an equivalent combination of education and work experience.
Three (3) or more years%26rsquo experience in Securities Lending operations.
OR ~
Any equivalent combination of education, experience and/or training approved by Human Resources.
Licenses/Certifications
SIE required provided that an exemption or grandfathering cannot be applied.
Series 99, or ability to obtain within 120 days (as required by FINRA), required (Persons holding Series 6, 7, 17, 37 or 38 or those who hold principal-level registrations: Series 4, 9/10, 14, 16, 23, 24, 26, 27, 28, 51, and 53 would be qualified to register as an Operations Professional (Series 99) without passing the examination.)
At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:
