Junior Securities Lending Trader

Macquarie Global Services; New York (NY); On-site; USD 150,000 - 200,000; Full time

Benefits offered by this job

Wellbeing leave

Annual leave (25 days)

Parental leave

Volunteer leave

Insurance coverage

401(k)

Hybrid working arrangements

Work from home equipment reimbursement

Job summary

Macquarie is seeking a Junior Securities Lending Trader in New York to focus on U.S. equities and hard-to-borrow securities while supporting broader Equity Finance activities globally.

Join a high-performing team covering Securities Lending, Repo and synthetic financing products, with opportunities to develop technology-enabled trading solutions and automate processes.

Qualifications

• Bachelor's degree in Finance or related quantitative discipline.
• 2+ years of experience in trading, financing, trading risk, or related role.
• Exposure to Securities Borrowing & Lending, Securities Lending, Repo, or Equity Finance is advantageous.
• Strong understanding of equity market structure, financing products, collateral management and risk principles.
• Python or similar programming experience and advanced Excel skills preferred.

Responsibilities

• Identify and execute trading opportunities to support business growth.
• Source, price, and distribute inventory across internal and external counterparties.
• Manage equity inventory, funding, liquidity, collateral and balance sheet usage.
• Monitor market risks and opportunities; maintain relationships with brokers, custodians and lenders.
• Collaborate with global Equity Finance to drive efficiency and improvement.

Skills

Trading

Financing

Risk management

Securities Lending

Securities Borrowing

Client relationships

Python

Excel

Quantitative analysis

Strategic thinking

Education

Bachelor's degree in Finance or related quantitative field

Tools

None

Job description

Join Macquarie's Equities Derivatives and Trading division as a Junior Securities Lending Trader in New York. This role will have a primary focus on U.S. equities and hard-to-borrow securities while supporting broader Equity Finance activities across the global platform. You will be part of a high-performing global team covering Securities Lending, Repo, and synthetic financing products.

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?

In this role, you will contribute to business growth by identifying and executing trading opportunities, driving operational efficiencies, and building strong client relationships. You will support the sourcing and distribution of inventory, trade pricing, risk management, and the development of technology-enabled solutions that enhance efficiency, controls, and scalability.

On a day-to-day basis, you will source, price, and distribute inventory across internal and external counterparties, while managing equity inventory, funding, liquidity, collateral, and balance sheet usage. You will monitor and communicate market risks and opportunities, maintain relationships with brokers, custodians, and institutional lenders, and contribute to strong risk management practices and operational controls. Working closely with global Equity Finance colleagues, you will also support process improvement, automation, and innovation initiatives to drive growth and efficiency across the business.

What you offer

• 2+ years of experience in trading, financing, trading risk, or a related role; exposure to Securities Borrowing & Lending, Securities Lending, Repo, or other Equity Finance products is advantageous.
• Strong understanding of equity market structure, financing products, collateral management, and risk management principles.
• Python or similar programming experience preferred, along with advanced Excel skills and an interest in leveraging technology, analytics, and AI-driven tools to improve trading processes.
• Strong analytical, quantitative, and problem-solving abilities, with sound judgment and a demonstrated ability to evaluate risk versus reward.
• Experience building relationships with clients, brokers, custodians, institutional lenders, or other market counterparties.
• Entrepreneurial and collaborative mindset, with the ability to thrive in a fast-paced environment while driving process improvements and maintaining strong controls.
• Bachelor's degree in Finance, Mathematics, Engineering, Computer Science, or a related quantitative discipline.

Salary range: $150,000-$200,000 per year. Actual salary may vary based on your experience, performance, and location. You may also be eligible for an annual incentive award. Macquarie offers a comprehensive benefits package, including medical, dental, vision, paid time off, holidays, 401(k), and other perks.

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
• 20 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
• 2 days of paid volunteer leave and donation matching
• Benefits and initiatives to support your physical, mental and financial wellbeing such as medical, prescription drug, dental, and vision insurance; health savings account and dependent day care savings account; life insurance, disability, and other insurance plans; 401(k) and short/long term disability
• 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
• 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 race, colour, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other characteristic or circumstance.

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