Securities Lending Trader
rqdclearingllc· Operations
About this role
Role: Securities Lending Trader
Location: New York, NY
Experience: 5-10 Years
Experience: 5-10 Years
About Us:
RQD Clearing is a correspondent clearing firm providing clearing and settlement services for broker-dealer and investment advisors. We're a small, growing team where technology is central to everything we do—and where a junior hire can have real impact from day one.
Overview:
We are seeking a Securities Lending Trader who will be responsible for expanding our client network and managing matched-book activity across our platform. The ideal candidate will bring an established network of counterparty relationships and demonstrate a proven track record of originating new business within the securities lending space. The role involves diversified responsibilities across the stock loan business in coordination with operations and risk teams to optimize profitability through competitive pricing and balance sheet efficiency.
Key Responsibilities:
- Develop and manage new client relationships to expand RQD's stock loan counterparty network and revenue base.
- Implement and manage matched-book framework, pairing loans and borrows to optimize profitability and balance sheet efficiency.
- Manage locate requests for hard-to-borrow securities, determining availability and pricing for clients and internal desks.
- Set and negotiate lending and borrowing rates with counterparties, managing spreads, collateral, and financing costs.
- Monitor firm and street inventory to maximize utilization, identify trading opportunities, and optimize revenue from intrinsic value and reinvestment spreads.
- Coordinate with operations, risk management, and compliance to ensure timely settlements, accurate mark-to-market processes, and adherence to regulatory requirements (SEC, FINRA, Reg SHO 203, Reg SHO 204).
- Support recall management and corporate action processing to minimize risk and maintain operational efficiency.
Qualifications:
- Bachelor's degree in Finance, Economics, or related field; MBA or CFA a plus.
- Series 7 license required.
- 5–10 years of experience in securities lending, equity finance, or prime brokerage with proven client-facing and business development success.
- Established network of counterparty relationships within the securities lending marketplace.
- Strong understanding of securities finance markets, collateral management, FPL programs, and short selling mechanics.
- Knowledge of Loanet, LendingPit, and Bloomberg required; Anetics and other trading platforms a plus.
- Excellent analytical, communication, and negotiation skills.
- Ability to thrive in a fast-paced, high-volume environment.
Salary Range
$125,000—$175,000 USD
RQD* Clearing is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Frequently Asked Questions
Is the salary disclosed for the Securities Lending Trader position at rqdclearingllc?
The salary for this Securities Lending Trader role at rqdclearingllc is not publicly listed. Click "Apply Now" to learn more about the compensation package on their official careers page.
Where is the Securities Lending Trader position at rqdclearingllc located?
This Securities Lending Trader role at rqdclearingllc is based in New York, NY. The position is listed as on-site or hybrid. Check the full job description or apply directly to confirm the work arrangement.
Which team or department does the Securities Lending Trader at rqdclearingllc belong to?
This Securities Lending Trader position is part of the Operations department at rqdclearingllc. See the full job description for more information about the team structure and responsibilities.
How do I apply for the Securities Lending Trader position at rqdclearingllc?
Click the "Apply Now" button on this page. You will be redirected to rqdclearingllc's official application portal hosted on greenhouse where you can submit your application directly.
When was the Securities Lending Trader job at rqdclearingllc posted?
This Securities Lending Trader position at rqdclearingllc was posted on Jan 20, 2026. Apply as soon as possible — early applications are often reviewed first.
Securities Lending Trader
rqdclearingllc
You'll be redirected to rqdclearingllc's official application page on Greenhouse.