Securities Lending Ops Lead – Cross‑Asset

Doist; New York (NY); Hybrid; USD 100,000 - 150,000; Full time

Benefits offered by this job

Base salary range

Company equity

401k matching

Parental leave (gender neutral)

Medical insurance

Lunch stipends

Kitchens & amenities

Happy hours

Great location

Amazing views

Job summary

Clear Street is hiring an experienced professional to support its Securities Lending business. The role partners with the trading team to enhance platform efficiency and build out teams and processes across cross-asset operations.

Responsibilities include managing loan lifecycles, rate negotiation support, settlement, and effective client communication. Requires strong familiarity with SFTR, CSDR, and related regulatory requirements.

Qualifications

• At least two years in securities lending operations.
• Experience in loan booking, term loan management, and equity/fixed income settlement.
• Experience building and documenting operational processes with settlement, clearing, risk, and margin functions.
• Deep cross-asset knowledge in fixed income and equity.

Responsibilities

• Manage end-to-end stock loan lifecycle: trade capture, confirmation, daily MTM, rate resets, settlement.
• Own return and recall, buy-in process, monitoring open loans and recall timelines near settlement cut-offs.
• Oversee corporate action processing across the securities finance book (dividends, manufactured payments, rights/spin-offs).
• Input into CCP/Exchange margin requirements.
• Oversee operational KPIs, reconciliations, and margin calls.
• Perform/daily position and cash reconciliations between internal systems, prime brokers, custodians, and tri‑party agents and CCPs.
• Align with Settlement team to manage fails risk to the firm.
• Monitor securities lending fails, buy-in exposure, partial settlements, and borrower/lender close-out.
• Provide client and business stakeholder communication as a key contact for Equity Finance operations.
• Support onboarding processes, ensuring adherence to industry standards.
• Liaise with Revenue Finance to ensure accruals, fee capture, and rebate reconciliations.

Skills

Securities Lending

Stock Loans

Cross-Asset

Settlement

Risk & Margin

Client Communication

Regulatory SFTR

Job description

Clear Street is hiring an experienced professional to support its Securities Lending business. The role partners with the trading team to enhance platform efficiency and build out teams and processes across cross-asset operations.

Responsibilities include managing loan lifecycles, rate negotiation support, settlement, and effective client communication. Requires strong familiarity with SFTR, CSDR, and related regulatory requirements.