Securities Lending Trader
- Employment type
- Full-time
- Location
- Zürich
- First posted
- 09 septembre 2026
- 100%
- Indefinite duration
- Zürich
At Leonteq, we are a leading player in the financial industry, recognized for our innovative approaches, our commitment to excellence, and our entrepreneurial spirit. Our organizational values - bringing people together, passion, dedication, quality, and expertise - are our north star.
What you will do
- Trade and price securities lending and borrowing, negotiating fees, transaction size, collateral, and duration with banks, prime brokers, and institutional investors
- Obtain borrows to cover short positions, trading strategies, and settlement requirements, including rare or "hard-to-borrow" securities
- Effectively allocate available securities to optimize stock utilization and identify opportunities to generate lending income or reduce borrowing costs
- Monitor daily profits and losses, positions, fee changes, and counterparty exposures
- Manage loan recalls, returns, and renewals; anticipate availability changes and mitigate settlement failures
- Evaluate collateral eligibility, haircuts, margin requirements, and the financing implications of transactions
- Monitor corporate actions, assessing the impact of dividends, coupons, rights issues, tender offers, and other events on lent securities and their economics
- Develop counterparty relationships, maintain strong access to securities supply and demand, negotiate competitive terms, and diversify borrowing sources
- Coordinate between teams, working with Treasury, Trading, Structuring, Risk, Legal, and Operations to execute and maintain transactions
- Identify opportunities to improve trading, operations, and controls via data, quantitative analysis, and automation, collaborating closely with Technology and Developers to implement practical solutions
- Establish effective working relationships with Operations
- Product Control, Risk, and other support functions to ensure smooth daily processes and identify opportunities for efficiency improvement and reduction
of operational risk
- Maintain compliance, operating within trading mandates, credit limits, market rules, and contractual requirements
What you will need
- University degree in Finance, Economics, Mathematics, or a related discipline
- 3 to 5 years of relevant professional experience, with experience in Securities Lending, Securities Finance, Repo, or Derivatives Trading
- Demonstrated ability to trade actively and identify revenue opportunities while maintaining a disciplined approach to risk
- Deep understanding of settlement mechanisms for equities and fixed income securities, including settlement cycles, market conventions, settlement risk, and buy-in procedures
- Strong analytical skills and ability to interpret market trends, company fundamentals, corporate actions, and other factors that may impact trading opportunities and risk
- Experience working with counterparties and internal stakeholders, with strong communication, relationship management, and negotiation skills
- Intellectual curiosity and a strong interest in financial markets, with an appetite for continuous learning
- Ability to manage multiple priorities, work independently, and meet tight deadlines in a fast-paced trading environment
- Familiarity with legal documentation: GMSLA, GMRA, ISDA
- Great attention to detail, with a structured and logical approach to risk, P&L, and problem-solving
- Advanced Excel skills and proficiency in one or more languages among SQL, Python, VBA, or Business Objects
- Strong work ethic, positive attitude, and a high level of energy, dynamism, and self-motivation
- Collaborative team player, also comfortable taking responsibility and working independently in a dynamic and constantly evolving environment
Why you will love working here
- Experience the dynamics of a leading fintech company
- Insight opportunities across all departments to understand and develop expertise across the structured investment product value chain
- Modern offices in an exceptional location
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Posted 5 days ago