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Job Title: Trading Services Specialist, Securities Lending Asset Management (SLAM)
Location: Newark, DE
Schedule: 100% in-office, Monday to Friday. Desk operates 8:00 a.m. to 7:00 p.m. Shifts vary, including 8-5 and 10-7. Overtime may be required during training.
Duration: Contract - 9 months, opportunity for conversion to FTE
Pay Range: $25/hr (W2)
About BCforward
BCforward is a leading global IT consulting and workforce solutions firm providing services and support to Fortune 500 and government clients. Founded in 1998, BCforward has grown with our customers needs into a full-service business solutions provider. With delivery centers and offices across North America and India, we take pride in building long-term relationships and delivering excellence through innovation, collaboration, and integrity.
Job Description
We are seeking a Trading Services Specialist, Securities Lending Asset Management (SLAM) to join our dynamic team. The ideal candidate will have strong experience in trade support, cash settlements, securities lending, and reconciliations and a proven ability to operate under deadlines, resolve breaks, and deliver accurate revenue processing.
Responsibilities:
- Review and match counterparties' deals and collateral postings at trading desk direction.
- Coordinate daily mark-to-market of investment assets in internal systems.
- Match and resolve cash breaks with counterparties and address related issues.
- Review and verify trade confirmations and release funds for cash reinvestment.
- Lead and identify innovation and process improvement opportunities.
- Execute special research and reconciliation projects to drive efficiencies.
- Calculate accruals and allocate investment earnings across investments.
Required Skills & Qualifications:
- Intermediate proficiency with MS Outlook, Excel, and Word.
- Ability to thrive in a team environment and work independently as needed.
- Excellent verbal and written communication skills across business levels.
- Ability to prioritize and operate in a dynamic, deadline-oriented setting.
- Ability to articulate complex scenarios including lending terms and investigations.
- Strong numeracy and attention to detail for reconciliations and calculations.
- Fast learner with adaptability to change and a deadline-oriented mindset.
- Around 3 years of relevant experience. Degree preferred.
Preferred Skills:
- Financial services experience with securities lending and custody products.
- Awareness of financial risks from operational errors and negligence.
- Familiarity with automation tools such as Alteryx, UI Path, Tableau, and VBA.
- Understanding of industry news, regulatory rules, and associated controls.
- Attention to controls and oversight.
Why BCforward?
At BCforward, we believe in advancing lives and careers. When you join our team, you gain access to:
- Competitive compensation and benefits.
- Opportunities for growth with global clients.
- A supportive, inclusive culture that values innovation and people.
- Exposure to cutting-edge technologies and projects.
About Our Commitment
BCforward is an equal opportunity employer. We value diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, or veteran status.
Interested? Apply Now!
If this sounds like the right opportunity for you, please apply with your most recent resume.
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