Stock Loan Operations Specialist

Charles Schwab; Orlando (FL); On-site; USD 85,000 - 110,000; Full time

Benefits offered by this job

401(k) with company match

Paid vacation

Parental leave

Tuition reimbursement

Health, dental, and vision insurance

Job summary

Charles Schwab in Orlando is seeking a Securities Lending Operations Specialist to support the trading desk with cash balancing, reconciliations, rate changes, and regulatory compliance. This role requires collaboration with traders and contras in a fast-paced environment and on-site work.

Ideal candidates will have 3+ years in financial services, strong knowledge of Securities Lending Operations, DTCC/CNS, and experience with Rule 204 and Rule 15c3-3.

Qualifications

• 3+ years of Financial Services experience.
• Strong working knowledge of Securities Lending Operations.
• Knowledge of DTCC/CNS.
• Experience with Rule 204 delivery obligations, Customer protection Rule 15c3-3, firm accounts reconciliation, Regulation SHO, clearance and settlement, and risk‑based rules.

Responsibilities

• Support Securities Lending trading desk with cash balancing and reconciliations.
• Perform rate changes and regulatory compliance for the trading desk and firm.
• Collaborate with traders and contras to process all transactions and ensure excellent client experience.

Skills

Financial services experience

Securities Lending Operations

Regulatory compliance

Attention to detail

Education

Bachelor’s degree preferred or 4+ years equivalent experience

Tools

DTCC/CNS

Rule 204 and Rule 15c3-3 knowledge

Regulation SHO understanding

Job description

Your opportunity

At Schwab, you’re empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us \"challenge the status quo\" and transform the finance industry together.

Operational Services is the leading provider of custodial, trading, settlements, technology and practice management to retail and registered independent advisory firms. We provide operational services to sophisticated wealth-managers and retail investors who attract and retain affluent clients, as well as profitably, grow, compete and succeed in their business efforts.

What You’ll Do

The Securities Lending Operations team is a dedicated group of Specialists that support the Securities Lending trading desk. They perform cash balancing, reconciliation of firm accounts, rate changes and regulatory compliance for the trading desk and firm. The team operates in a fast‑paced environment working with traders and contras in processing all types of transactions to provide excellent client experience.

We believe in the importance of in‑office collaboration and fully intend for the selected candidate for this role to work on site in the specified location(s).

What you have

To ensure that we have fulfilled our promise of \"challenging the status quo,\" this role has specific qualifications that successful candidates should have.

Required Qualifications

• 3 plus years of Financial Services experience.


• Must have strong working knowledge of Securities Lending Operations


• Knowledge of DTCC/CNS


• Experience with working of Rule 204 delivery obligations, Customer protection Rule 15c3-3, firm accounts reconciliation, Regulation SHO, clearance and settlement, process improvement regulatory and risk‑based rules.

Preferred Qualification

• Knowledge of Loanet (FIS)


• Bachelor’s degree preferred or 4 plus years equivalent experience


• FINRA Series 7 license preferred


• Ability to execute and control while successfully mitigating regulatory and financial risk in a fast moving, risk laden environment


• Ability to apply accumulated knowledge to resolve, research and reconciliation issues related to Securities Lending as well as ability to analyze a variety of issues (ranging from simple to very complex), with strong attention to details


• Good presentation, written and verbal communication skills

In addition to the salary range, this role is also eligible for bonus or incentive opportunities

What’s in it for you

At Schwab, you’re empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration—so you can build the skills to make a lasting impact. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.

Benefits

• 401(k) with company match and Employee stock purchase plan


• Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions


• Paid parental leave and family building benefits


• Tuition reimbursement


• Health, dental, and vision insurance