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Securities Lending Account Management

BCforward Newark, DE (Onsite) Contractor
$26.00 - $26.90/Hour
Securities Lending Account Management

BCforward is currently seeking a highly motivated Securities Lending Account Management for an opportunity in Newark, DE 19713

Position Title: [Securities Lending Account Management]

Location: Newark, DE 19713

Anticipated Start Date: [2/21/2025]

Please note this is the target date and is subject to change. BCforward will send official notice ahead of a confirmed start date.

Expected Duration: [6+ months contract with POTENTIAL FOR CONVERSION]

Job Type: [ON-SITE]

Pay Range: [26.00] - [26.90]

Please note that actual compensation may vary within this range due to factors such as location, experience, and job responsibilities, and does not encompass additional non-standard compensation (e.g., benefits, paid time off, per diem, etc.).

Job Description:

The Specialist will be responsible to process static update for alternative ASF Account management.

Intro Marketing Language: Apply today for a unique opportunity to work in a fast-paced environment within a high performing, dynamic team!

Job Summary:

As an Account management Specialist, you will be responsible for creation and maintenance of broker and client reference data as per requests from various stakeholder and authorized business partners . You must be very detail oriented and able to plan ahead.

Job Responsibilities : -

  • Processing in line with Standard Operating Procedures and firm policies.
  • Manage the Lender & Borrower setup (New & Incremental accounts), static setup including NAV, price of the assets across Agency Lending systems flawlessly and within the SLA.
  • Learning and navigating systems effectively
  • Providing answers to routine queries via phone and email.
  • Exhibiting effective communication with key stakeholders.
  • Perform validation tasks to ensure completeness and accuracy of processing.
  • Work with the counterparties to resolve any discrepancy/queries
  • Identify & escalate all exceptions in a timely manner
  • Work with Global Operation team to gain a comprehensive knowledge of processes

Required qualifications, Capabilities and Skills

  • You should have intermediate knowledge skills of MS office applications including Outlook, Excel, and Word.
  • Thrives in a team-oriented environment but can also work by oneself.
  • You should have excellent verbal and written communication skills with the ability to communicate effectively with all levels of business.
  • Ability to operate effectively in a dynamic, deadline-oriented environment and prioritize appropriately.
  • Ability to articulate complex scenarios like terms of events, investigations, and results.
  • You should be able to work in a fast-paced environment.
  • Ability to manage relationships, both internal and external.

Preferred qualifications, Capabilities and Skills :

  • Financial Services experience of 2 years and working knowledge of the Securities Lending and Custody products
  • The candidate will be aware of the large financial risks that can be incurred through operational errors and negligence
  • Ability to follow industry news and understand how this impacts daily processes and understanding of regulatory rules and controls

Optional additional information :

  • Updating Static request for Account management for Securities Lending
  • Updating Price of the securities as requested by stakeholders.
  • Updating NAV for the client as requested by the RM's.
  • Managing the ALD queries from the borrowers and provided the requested information within the SLA.
  • Alpha/numeric entry which includes basic analysis and/or comparison of data

Benefits:

BCforward offers all eligible employees a comprehensive benefits package including, but not limited to major medical, HSA, dental, vision, employer-provided group life, voluntary life insurance, short-term disability, long-term disability, and 401k.

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About BCforward:

Founded in 1998 on the idea that industry leaders needed a professional service, and workforce management expert, to fuel the development and execution of core business and technology strategies, BCforward is a Black-owned firm providing unique solutions supporting value capture and digital product delivery needs for organizations around the world. Headquartered in Indianapolis, IN with an Offshore Development Center in Hyderabad, India, BCforward's 6,000 consultants support more than 225 clients globally.

BCforward champions the power of human potential to help companies transform, accelerate, and scale. Guided by our core values of People-Centric, Optimism, Excellence, Diversity, and Accountability, our professionals have helped our clients achieve their strategic goals for more than 25 years. Our strong culture and clear values have enabled BCforward to become a market leader and best in class place to work.

BCforward is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability.

To learn more about how BCforward collects and uses personal information as part of the recruiting process, view our Privacy Notice and CCPA Addendum. As part of the recruitment process, we may ask for you to disclose and provide us with various categories of personal information, including identifiers, professional information, commercial information, education information, and other related information. BCforward will only use this information to complete the recruitment process.

This posting is not an offer of employment. All applicants applying for positions in the United States must be legally authorized to work in the United States. The submission of intentionally false or fraudulent information in response to this posting may render the applicant ineligible for the position. Any subsequent offer of employment will be considered employment at-will regardless of the anticipated assignment duration.

Interested candidates please send resume in Word format Please reference job code 234711 when responding to this ad.


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Salary Details

This salary was provided in the Job Posting.
$26-$26.90
Hourly Salary

Job Snapshot

Employee Type

Contractor

Location

Newark, DE (Onsite)

Job Type

Admin - Clerical, Automotive, Banking

Experience

Not Specified

Date Posted

01/28/2025

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