Operational Specialist

About the CompanyOur client is hiring for an entry level position here in Boston. OPERATIONS SPECIALISTSecurities Lending Settlements & MarksFinancial Services | Contract?? ROLE DETAILS• Pay Rate: $24-$27/hour• Type: ContractOVERVIEWThis role is responsible for the timely and accurate settlement of securities lending transactions, including daily mark-to-market calculations and margin processing. You'll work closely with Trading and internal partners to ensure proper collateral management, break resolution, and operational efficiency. This is an excellent entry point for recent graduates interested in global financial markets.WHAT YOU'LL BE DOINGSettlements & Quality Control• Ensure timely settlement of trades across various markets and custodians• Maintain proper cash collateral levels for all outstanding loans• Ensure timely posting of corporate action entitlements• Follow up on outstanding items with borrowers, traders, and relationship managers• Escalate past-due items to supervisor as needed• Manage daily handoff of open London activity and ensure timely completion• Cross-train and provide coverage across other lending operations desksMargin & Transaction Processing• Process daily margin calls with borrowers• Agree exposure figures daily with borrowers and resolve any breaks• Work with borrowers to increase automation in transaction processingProcess Improvement• Identify opportunities for workflow enhancements that improve efficiency or reduce risk• Collaborate with supervisor and technology teams to implement process changes• Stay current on evolving industry and regulatory developments impacting the businessWHAT THEY'RE LOOKING FOR? BS/BA degree required? 0-1 years of industry experience (securities lending experience a plus)? Strong communication and analytical skills? Ability to multitask and prioritize in a fast-paced environment? Understanding of global custody, equity finance, prime brokerage, or securities lendingPreferred Tools & Skills:• Microsoft Excel, Word, PowerPoint, Access, Teams, Outlook• Python, SQL, SAS, or Tableau a plusOur client is committed to diversity and inclusivity and is an equal opportunity employer.

Created: 2026-05-09