Director - Stock Loan

Top-Tier Financial Services Firm in Tampa, Florida is seeking a Director of Stock Loan!!Responsibilities:Supports the Stock Loan trading desk by processing all aspects of Operations and trade support.Balances all positions and cash daily and research and reconcile any breaks or discrepancies in a timely manner.Reconcile and settle all monthly rebates and fees related to Securities Lending.Maintain detailed records of all discrepancies, resolutions, and final payments for audit purposes.Instructing trades, confirming settlements, agrees on details of the transactions with counter-parties, investigates failing trades, and covers market exposure with mark to markets.Liaise with the trading desk on incoming returns or recalls deciding whether to re-lend or clean up positions to maximize the rebate basis point spread between borrows and loans.Liaise with contra brokers to confirm/compare trade details.Assist the trading desk by monitoring email requests or phone calls and act promptly to reduce risk of exposure on recalls, buy-ins or failingQualifications:Must have a high level of experience with LoanetMust have sufficient knowledge of the Depository Trust and Clearing Corporation Dashboard.Must have sufficient knowledge of OCC Encore application.Knowledge of Phase III and fully paid lending program a plus.Must be proficient in Microsoft Excel, and Word.