Newmark
Stock Loan Associate
10401 Deerwood Park Blvd, Fl 3, Jacksonville, FL 32256
Full-time
First seen by offpeak October 22, 2026
See your drive time Apply on Newmark's site
- Provide trade support functions, including booking and settling trades for Stock Loan, Matchbook, and RevCon desks.
- Process daily mark-to-market activities with non-DTC participating clients.
- Handle callback/returns processing, allocation, booking, and outgoing returns.
- Manage DTC RAD approvals.
- Collaborate with counterparties for month-end billing and reconciliation.
- Perform contract comparison tasks.
- Ensure start-of-day and end-of-day account balancing.
- Offer ad-hoc assistance to various trading desks as needed.
- Maintain accurate records and documentation for all transactions.
- Support implementation of new technologies and process improvements.
- Minimum 2–3 years of stock loan operations experience.
- In-depth knowledge of DTC and Loanet systems (mandatory).
- Familiarity with FIS/Phase3 platforms (preferred).
- Series 7 or Series 99 certification.
- Bachelor’s degree in finance, business, or related field.
- Strong Excel proficiency and analytical skills.
- Excellent communication and reconciliation abilities.
- High attention to detail and ability to work independently.
- Collaborative team player mindset.
- Willingness to learn and adapt to new technologies and processes.