Securities Borrowing and Lending Trader Vice President

Macquarie Bank Limited; Greater London; On-site; GBP 150,000 - 190,000; Full time

Benefits offered by this job

Wellbeing leave day

Parental leave (26 weeks)

Fertility leave

Volunteer leave

Hybrid working

Salary sacrifice options

Job summary

Macquarie in London seeks a Securities Borrowing and Lending Trader Vice President to lead the EMEA SBL business, focusing on EMEA equities and hard-to-borrow securities while supporting broader Equity Finance initiatives. You will source and price trades, manage risk, and collaborate with technology teams to improve tooling and efficiency.

The role requires senior trading experience, strong analytical skills, and a proactive mindset to drive profitability across global platforms.

Qualifications

• 5+ years of securities lending trading experience.
• Strong understanding of equity finance/derivative structures and products.
• Proficiency in Python or similar coding language and advanced Excel.
• Experience using AI-driven tools or automation to streamline workflows.

Responsibilities

• Lead the EMEA SBL trading desk and identify profitable opportunities across custody and lending markets.
• Source, price, and distribute inventory across internal desks and external counterparties.
• Manage risk, liquidity, and collateral while monitoring trading controls.
• Collaborate with sales, trading, and technology to enhance tools and client engagement.

Education

Finance/Mathematics/Engineering/CS degree

Tools

Python

Excel

AI tools

Risk analytics

Job description

Securities Borrowing and Lending Trader Vice President

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

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.