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Managing Director, Restructuring Banker
Wedbush Morgan Securities - New York, NY
posted 4 days ago
About the position
Wedbush Securities is one of the largest securities firms and investment banks in the nation. We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures and Advanced Clearing & Prime Services divisions. Headquartered in Los Angeles, California with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth. We currently have an opening for the Specialist, Securities Lending Operations position in New York City, NY.
Responsibilities
- Check LOANET balances with DTC using Phase 3
- Process smartloan returns from house accounts
- Research contract comparison errors
- Process correspondence to ensure that securities are returned before deadlines
- Check LOANET rebate compare report for possible billing errors before month end
- Research past reports to satisfy FINRA or audit requests
- File and archive prior work daily
- Perform other tasks and duties as required and assigned
Requirements
- Bachelor's Degree from an accredited university
- 5+ years of experience in Securities Lending
- Knowledge of Securities Lending Industry Rules and Regulations
- Knowledge of various systems including DTC, Loanet, SmartLoan, Bloomberg and Anetics
- Proficient in Microsoft Office (Outlook, Word, PowerPoint) with strong Excel skills
- Strong analytical, problem-solving, and critical thinking skills
- Strong negotiation and conflict resolution skills
- Strong collaboration, relationship building, and team building skills
- Strong verbal and written communication skills
Benefits
- Comprehensive medical, dental, and vision coverage with multiple health plan options
- Health Savings Account (HSA) with company-sponsored contributions
- Flexible Spending Accounts (FSA) traditional and dependent care
- Pre-Tax Commuter Benefits
- 401(k) Plan: competitive discretionary company matching and profit-sharing contributions
- Tuition reimbursement ($5,250 max per year)
- Paid Vacation, Sick Time, Holidays, Volunteer Time Off
- Paid Leave: Parental Bonding, Jury Duty, Military, Disability, etc.
- FINRA and Professional License Sponsorship
- Charitable Donation Matching Contributions
- Travel & Employee Assistance and Employee Discount Programs
- Discretionary compensation based on the colleague's and the firm's performance
