Stock Loan Associate

BGC Group Inc

  • Jacksonville, FL
  • 12 days ago

    Highlights

    The analyst will play a critical role in trade support, settlement, and reconciliation for our Stock Loan, Matchbook, and RevCon desks, collaborating closely with trading partners and internal teams to maintain operational excellence. Cantor Fitzgerald Securities, a leader in financial and real estate services since 1945, is seeking a talented Stock Loan Operations Analyst for its Jacksonville, FL office.

    Numbers & Facts

    LocationJacksonville, FL

    Description

    Cantor Fitzgerald Securities, a leader in financial and real estate services since 1945, is seeking a talented Stock Loan Operations Analyst for its Jacksonville, FL office. The analyst will play a critical role in trade support, settlement, and reconciliation for our Stock Loan, Matchbook, and RevCon desks, collaborating closely with trading partners and internal teams to maintain operational excellence.

    • Minimum 2-3 years of stock loan operations experience.
    • In-depth knowledge of DTC and Loanet systems (mandatory).
    • Familiarity with FIS/Phase3 platforms (preferred).
    • Series 7 or Series 99 certification.
    • Bachelor's degree in finance, business, or related field.
    • Strong Excel proficiency and analytical skills.
    • Excellent communication and reconciliation abilities.
    • High attention to detail and ability to work independently.
    • Collaborative team player mindset.
    • Willingness to learn and adapt to new technologies and processes.
    • Provide trade support functions, including booking and settling trades for Stock Loan, Matchbook, and RevCon desks.
    • Process daily mark-to-market activities with non-DTC participating clients.
    • Handle callback/returns processing, allocation, booking, and outgoing returns.
    • Manage DTC RAD approvals.
    • Collaborate with counterparties for month-end billing and reconciliation.
    • Perform contract comparison tasks.
    • Ensure start-of-day and end-of-day account balancing.
    • Offer ad-hoc assistance to various trading desks as needed.
    • Maintain accurate records and documentation for all transactions.
    • Support implementation of new technologies and process improvements.
    • Provide trade support functions, including booking and settling trades for Stock Loan, Matchbook, and RevCon desks.
    • Process daily mark-to-market activities with non-DTC participating clients.
    • Handle callback/returns processing, allocation, booking, and outgoing returns.
    • Manage DTC RAD approvals.
    • Collaborate with counterparties for month-end billing and reconciliation.
    • Perform contract comparison tasks.
    • Ensure start-of-day and end-of-day account balancing.
    • Offer ad-hoc assistance to various trading desks as needed.
    • Maintain accurate records and documentation for all transactions.
    • Support implementation of new technologies and process improvements.

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