Managing Director, Restructuring Banker - Wedbush Morgan Securities : Job Details

Wedbush Securities is one of the largest securities firms and investment banks in the nation. We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures and Advanced Clearing & Prime Services divisions. Headquartered in Los Angeles, California with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth.

We currently have an opening for the Specialist, Securities Lending Operations position in New York City, NY.

Responsibilities include but are not limited to:

* Check LOANET balances with DTC using Phase 3

* Process smartloan returns from house accounts

* Research contract comparison errors

* Process correspondence to ensure that securities are returned before deadlines

* Check LOANET rebate compare report for possible billing errors before month end

* Research past reports to satisfy FINRA or audit requests

* File and archive prior work daily

* Perform other tasks and duties as required and assigned

Experience and Skills

* Bachelor's Degree from an accredited university

* 5+ years of experience in Securities Lending

* Knowledge of Securities Lending Industry Rules and Regulations

* Knowledge of various systems including DTC, Loanet, SmartLoan, Bloomberg and Anetics

* Proficient in Microsoft Office (Outlook, Word, PowerPoint) with strong Excel skills

* Strong analytical, problem-solving, and critical thinking skills

* Strong negotiation and conflict resolution skills

* Strong collaboration, relationship building, and team building skills

* Strong verbal and written communication skills

What We Offer

What Wedbush Offers You

As part of the overall compensation package, Wedbush Securities (WS) offers an array of diverse benefits to our Colleagues.

* Comprehensive medical, dental, and vision coverage with multiple health plan options

* Health Savings Account (HSA) with company-sponsored contributions

* Flexible Spending Accounts (FSA) traditional and dependent care

* Pre-Tax Commuter Benefits

* 401(k) Plan: competitive discretionary company matching and profit-sharing contributions

* Tuition reimbursement ($5,250 max per year)

* Paid Vacation, Sick Time, Holidays, Volunteer Time Off

* Paid Leave: Parental Bonding, Jury Duty, Military, Disability, etc.

* FINRA and Professional License Sponsorship

* Charitable Donation Matching Contributions

* Travel & Employee Assistance and Employee Discount Programs

* Discretionary compensation based on the colleague's and the firm's performance

Applications will be accepted until the position is filled. Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors including but not limited to location; skill sets; experience and training; licensure and certifications; and other business and organizational needs. A reasonable estimate of the current hiring range is $90,000-$100,000.

At Wedbush, we recognize that a diverse and inclusive workforce drives innovation, results in higher Colleague satisfaction, fosters superior client service, and adds meaningful value for stakeholders. WS aims to foster a culture of inclusion where all Colleagues are valued for their unique contributions to the firm and provided equal opportunities to succeed.

Wedbush uses E-Verify, an Internet-based system, to confirm the eligibility of all newly hired employees to work in the United States. Learn more about E-Verify, including your rights and responsibilities here

This position is subject to various laws or regulations that impose restrictions or prohibitions for employment with Wedbush due to criminal history. Those laws or regulations include but are not limited to, the following: Securities Exchange Act of 1934 (SEA) Rule 17a-3, et. seq,, Financial Industry Regulatory Authority (FINRA) Rules 3110(e), Rule 4530(a), etc., and FINRA Regulatory Notice 07-55.