Securities Borrowing and Lending Trader Vice President

Macquarie Group; Greater London; On-site; GBP 120,000 - 210,000; Full time

Benefits offered by this job

Wellbeing leave

Parental leave

Volunteer leave

Hybrid/flexible work

Medical insurance

EAP

Learning & development

Job summary

Macquarie Group is seeking an experienced trader to lead its EMEA Securities Borrowing and Lending business in London, with a primary focus on EMEA equities and hard-to-borrow securities. You will source and price inventory, manage risk, and collaborate with sales, trading and technology to automate workflows and enhance trading tools for broader platform efficiency.

The role requires 5+ years in securities lending trading, strong quantitative skills, and a track record of working with brokers

Qualifications

• 5+ years securities lending trading experience, ideally with Delta1 exposure.
• Strong understanding of equity finance and derivative structures.
• Python experience with ability to design or automate trading tools; advanced Excel skills.
• Experience using AI-driven analytics or automation to streamline workflows.
• Ability to evaluate risk vs reward with strong judgement and attention to detail.
• Numerical, analytical, and problem-solving skills; client and counterparty interaction experience.
• Entrepreneurial mindset; comfortable with operational detail and process improvement.
• Thrives in a fast-paced, team-oriented environment.
• Degree in Finance, Mathematics, Engineering, CS, or related quantitative discipline.

Responsibilities

• Lead the EMEA Securities Borrowing and Lending (SBL) trading desk in London.
• Source, price, and distribute inventory across internal and external counterparties.
• Manage equity inventory, funding, liquidity, collateral, and balance sheet usage.
• Monitor trading risks and communicate opportunities to stakeholders.
• Develop relationships with brokers, custodians, lenders, and market participants.
• Partner with sales, trading, and technology to enhance product distribution and tooling.
• Champion process improvement, automation, and AI-driven workflow initiatives.

Skills

Securities lending trading

Equity finance

Python

Excel automation

AI / automation tools

Risk management

Analytical thinking

External stakeholder engagement

Entrepreneurial mindset

Team collaboration

Education

Quantitative degree (Finance/Math/Engineering/CS)

Tools

Python tools / libraries

Trading tools / automation

Job description

We are seeking an experienced trader to lead our EMEA Securities Borrowing and Lending business in London, with a primary focus on EMEA equities and hard-to-borrow securities while supporting broader Equity Finance activity across the global platform. This role sits within a high-performing global team covering Securities Lending, Repo, and synthetic financing products. You will contribute to business growth by sourcing and distributing inventory, pricing trades, managing risk, and helping develop technology-enabled tools and processes that improve trading efficiency, controls, and scalability.

We are a global financial services group operating in 30 markets with 57 years of unbroken profitability. At Macquarie, you’re empowered to shape a career that is fulfilling and creates value. You will bring your insights and expertise to the task at hand and feel supported as you make your own kind of impact for a better future.

What role will you play?

Acting as the EMEA regional lead for Securities Borrowing and Lending (SBL), supporting the AMER/EMEA Head based in New York, this role is responsible for identifying and executing profitable trading opportunities across securities lending markets, with a primary focus on EMEA equities and hard-to-borrow securities. The individual sources, prices, and distributes inventory across internal desks and external counterparties, while actively managing equity inventory, funding, liquidity, collateral, and balance sheet usage. They monitor and communicate trading risks, market catalysts, and revenue opportunities to key stakeholders, develop and maintain relationships with brokers, custodians, institutional lenders, and other market participants, and contribute to the group’s risk management framework by ensuring robust trading practices and operational controls. The role also partners closely with sales, trading, and technology teams to enhance product distribution and client engagement, while supporting process improvement, automation, and AI-driven workflow initiatives.

What You Offer

• 5+ years’ securities lending trading experience ideally with exposure to other Delta1 adjacent products
• Strong understanding of equity finance/derivative structures and products;
• Python or similar coding experience strongly preferred, with advanced Excel skills and the ability to design, enhance, or automate trading tools
• Demonstrated experience using AI-driven tools, analytics, or automation to streamline workflows, reduce manual processes, or enhance operational efficiency is preferred
• Demonstrated ability to evaluate risk versus reward in decision-making, with a strong risk mindset and sound judgement
• Strong numerical, analytical, and problem-solving skills with high attention to detail
• Experience interacting with clients, brokers, custodians, institutional lenders, or other external counterparties
• Entrepreneurial mindset, willingness to engage with operational detail, and ability to challenge the status quo to improve processes and controls
• Ability to operate effectively in a fast-paced, team-oriented environment
• Degree in Finance, Mathematics, Engineering, Computer Science, or a related quantitative discipline

What We Offer

Benefits

At Macquarie, you’re empowered to shape a career that’s rewarding in all the ways that matter most to you. Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include:

• 1 wellbeing leave day per year and a minimum of 25 days of annual leave.
• 26 weeks’ paid parental leave for primary caregivers along with 12 days of paid transition leave upon return to work and 6 weeks’ paid leave for secondary caregivers
• Paid fertility leave for those undergoing or supporting fertility treatment
• 2 days of paid volunteer leave and donation matching
• Access to a wide range of salary sacrificing options
• Benefits and initiatives to support your physical, mental and financial wellbeing including, comprehensive medical and life insurance cover
• Access to our Employee Assistance Program, a robust behavioural health network with counselling and coaching services
• Access to a wide range of learning and development opportunities, including reimbursement for professional membership or subscription
• Access to company funded emergency and backup dependent care services
• Recognition and service awards
• Hybrid and flexible working arrangements, dependent on role
• Reimbursement for work from home equipment

About Commodities and Global Markets

Commodities and Global Markets is a global business offering capital and financing, risk management, market access, physical execution and logistics solutions to its diverse client base across Commodities, Financial Markets and Asset Finance.

Inclusion at Macquarie

We are committed to providing an inclusive environment for all, where different experiences, skills and perspectives are valued and respected. Macquarie provides access to opportunities for all individuals regardless of their identity, including age, disability, neurodiversity, gender (including gender identity or expression), sexual orientation, marriage or civil partnership, pregnancy, parental status, race (including ethnic or national origin), religion or belief, or socio-economic background.

We provide reasonable adjustments to individuals who may need support during the recruitment process and employment. If you require an adjustment, please let us know during the application process.