Securities Finance Trader

Summary

Join Alpaca, a leading brokerage infrastructure technology company, as a Securities Lending Trader. You will identify and execute borrow and loan opportunities across various asset classes using manual and automated trading strategies. Leverage your Python and SQL skills to streamline tasks and develop analytical tools. Collaborate with cross-functional teams to optimize data pipelines and trading systems. Monitor loans and recalls to optimize risk and profitability. Build relationships with borrowers, lenders, and clients. This role requires a Bachelor's degree in a quantitative field and 0-2 years of relevant experience.

Requirements

• Bachelor’s degree in Computer Science, Data Science, Mathematics, Finance, Economics or a related quantitative field
• 0–2 years of experience in a technical or trading role, ideally with some exposure to securities lending, short selling or related experience
• Proficient in Python and SQL
• Strong analytical, quantitative, and problem-solving abilities
• Familiarity with core financial instruments (equities, fixed income, ETFs) and general market mechanics
• Excellent collaboration and communication skills to work across teams
• High initiative and eagerness to learn about securities lending, product development, and advanced trading concepts

Responsibilities

• Identify and execute borrow and loan opportunities across various asset classes (equities, fixed income, ETFs) using both manual and automated trading strategies
• Leverage Python and SQL to streamline daily tasks, develop analytical tools, and automate data-driven decisions
• Collaborate with Product, Engineering, and Operations teams to optimize data pipelines, trading systems, operational efficiency and risk controls
• Monitor outstanding loans, recalls, and rates to optimize risk and profitability
• Build relationships with borrowers, lenders, custodians, and firm client partners
• Assess and manage counterparty, credit, and market risk while staying informed of market developments and regulatory changes
• Work with existing and new securities lending vendors on product development solutions
• Contribute to creating automated workflow solutions for securities lending trading and operations

Benefits

• Competitive Salary & Stock Options
• Benefits: Health benefits start on day 1. In the US this includes Medical, Dental, Vision. In Canada, this includes supplemental health care. In Japan, you are offered local benefits. Internationally, this includes a stipend value to offset medical costs
• New Hire Home-Office Setup: One-time USD $500
• Monthly Stipend: USD $150 per month via a Brex Card