Freetrade’s mission is to become the default place to invest. Investing has been too complicated and expensive for too long, keeping millions from making the most of their savings.
We’re changing that.
We’re building our team and looking for people who are excited to reshape how our customers invest and grow their wealth. If you’re driven by solving complex problems and building innovative products, you’ll fit right in.
2025 is a big year for us. In January, we announced a game changing deal to become part of the IG Group. We’ll continue to operate as an independent business while gaining access to the resources and support of an established leader in the space.
This year, we’re accelerating our roadmap and taking our products to the next level. We’re building new features like mutual funds, bonds, and family investment tools. We’re also exploring how we can leverage AI to deliver an even better experience for our customers.
About the role
We are looking for an exceptional Securities Lending Operations Generalist to join our team. You will work within the Brokerage Operations function where you will perform day to day operational processes as well as implement process improvements and automations.
You will be responsible for supporting and managing the day-to-day activities involved in securities lending operations. You will ensure that securities lending transactions are executed efficiently, comply with regulations, and align with the company's risk and operational policies. This role is pivotal in maintaining smooth operations within securities lending, facilitating borrowing/lending transactions, managing collateral, and overseeing settlement processes.
What you'll do
You will have the opportunity to expand your knowledge within the brokerage space, becoming an expert in the full trade lifecycle, the teams you will have the opportunity to work with include:
- Trading
- Settlements
- Transfers
- Payments
- Corporate actions
- Tax
You will also have an opportunity to learn about
- Process improvements
- Spreadsheets-based automations
- Advanced usage of the Google Suite (Sheets, Docs, etc)
- Application of various tools and languages such as Regular Expressions, SQL, Google Sheets Apps Script, Zapier, and more
- And more, while working with technical specialist and the relevant engineering teams
Duties responsibilities
- Trade Processing and Settlement:
- Execute, monitor, and settle securities lending and borrowing trades in alignment with the company's policies.
- Oversee end-to-end transaction processing, ensuring timely and accurate trade entries in the system.
- Collateral Management:
- Monitor collateral levels daily, ensuring compliance with collateral requirements and risk policies.
- Ensure collateral is moved, released, or substituted as per agreements and compliance requirements.
- Reconciliation and Reporting:
- Conduct daily position reconciliations, ensuring that transactions are accurately recorded in internal systems.
- Prepare daily, weekly, and monthly reports on loan positions, collateral
- Investigate and resolve reconciliation discrepancies, liaising with internal teams as needed.
- Regulatory Compliance:
- Ensure that all securities lending activities adhere to regulatory and internal compliance standards.
- Maintain up-to-date knowledge of relevant regulations.
- Risk and Controls:
- Identify, assess, and mitigate risks within securities lending operations, ensuring compliance with risk management frameworks.
- Support audits by providing documentation, records, and reports on securities lending activities.
- Regularly review operational processes, suggesting and implementing improvements to reduce operational risk.
- System and Process Management:
- Utilise securities lending platforms and internal systems for trade processing, settlement, and reporting.
- Assist in the development, testing, and implementation of new processes and systems related to securities lending.
- Monitor automated processes, troubleshoot issues, and work with IT and systems teams on resolutions.
Skills, knowledge and expertise
- You have a keen interest in learning about the brokerage environment, including securities lending, collateral management, and settlement practices.
- You are eager to stay up-to-date with market trends and regulatory changes that affect securities lending and related areas.
- You are motivated to maintain and expand your knowledge of securities lending products, markets, and trading strategies, contributing to the development of new products or lending approaches.
- You have a strong interest in process improvement and automation methods, continually seeking ways to optimise workflows.
- You thrive in a fast-paced, dynamic environment and are willing to work independently while sharing ideas collaboratively.
- You enjoy a challenge, take ownership of your work, and strive to make a meaningful impact.
Qualifications and education
- Relevant professional qualifications or specific occupational training in finance, risk management, or a related field is a plus.
- A strong educational background, preferably in business, finance, economics, or a related discipline is a plus.
