Muriel Siebert & Co Inc

Compensation

Full Description

Benefits: 401(k) Bonus based on performance Dental insurance Opportunity for advancement Vision insurance 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.