Great team, who collectively enjoyed working together,and gave 500% daily
Senior Securities lending Associate (Former Employee) – New York City Park Ave – July 8, 2015
Reviewing the days work for possible exposure to the firm. Creating an excel spreadsheet ,notifing sales and management, to possible loss or penalties. Retransmit recall letters.Making sure we where in complience with short and long buy-in execution notices and reduce P&L. Notifying contra brokers of returned securities in a timely manner, emphasizing if its recalled stock..Management supported our ideas to improve work conditions, reduce risk,and exposure. Executing buy-in orders when contra brokers are exposed for a day.A trader kills a notification buy-in letter and fails to notify all concerned parties.
We respected and worked as one team one goal
waiting on contra parties with possible executing prices