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Director of Securities Lending Trading

DriveWealthNew York, New York, United States
On-site Full-time $200K/yr - $225K/yr

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Experience Level

Senior Level Manager

Qualifications

To be successful in this role, candidates should possess a strong background in securities lending or trading, complemented by a deep understanding of financial markets and instruments. Proven leadership skills, analytical acumen, and the ability to collaborate effectively across teams are essential. A proactive approach to problem-solving and a keen eye for detail will enhance your effectiveness in this dynamic environment. Familiarity with regulatory frameworks and compliance standards is highly desirable.

About the job

About Us

At DriveWealth, we are dedicated to transforming the investment landscape by making it accessible to everyone. Our vision is to empower individuals to take control of their financial futures, breaking down barriers imposed by geography, wealth, or outdated systems. As a global B2B financial technology firm, we are committed to democratizing financial independence through our innovative API-based platform. This platform enables our partners to deliver seamless investing and trading experiences to clients around the globe, all from their mobile devices. Our cutting-edge technology provides a modern, extensible toolkit that supports both traditional investment workflows and pioneering techniques like fractional share ownership. DriveWealth has established itself as a global leader, facilitating trading across US equities, mutual funds, ETFs, fixed income, and options.

Now is an exciting time to be part of a category-defining business, and our team is uniquely positioned to seize this opportunity. Our culture merges the agility of a fintech startup with the rigor, impact, and stability typical of Wall Street. We foster an environment of creativity and experimentation while maintaining institutional-grade execution and regulatory compliance in all our endeavors. Join us in shaping the future of global investing!

About The Role:

We are on the lookout for an experienced Director of Securities Lending Trading to propel the growth, efficiency, and risk management of our securities lending program within our retail brokerage platform. In this pivotal role, you will act as a senior contributor and operational leader, managing essential components of the lending lifecycle, including inventory management, rate optimization, operational oversight, and strategic execution. This high-impact position is ideal for a professional who excels in a fast-paced environment, adeptly navigating daily market dynamics while ensuring operational excellence and effective cross-functional collaboration.

What You'll Do:

Program Execution & Inventory Management

  • Oversee daily securities lending operations, including rate setting, supply/demand calibration, and inventory optimization.

  • Manage loan allocation processes and assist the desk in maximizing utilization and revenue generation.

  • Analyze market conditions, borrower demand, short interest, and rate trends to provide actionable insights.

Counterparty & Market Management

  • Foster strong working relationships with agent lenders, borrowers, and clearing partners.

About DriveWealth

DriveWealth is a pioneering financial technology organization committed to democratizing access to investing. Our mission is to empower individuals globally to achieve financial independence through innovative solutions and cutting-edge technology.

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