Alpaca
Securities Finance Trader
Job Summary
This role involves identifying and executing borrow and loan opportunities across various asset classes, utilizing both manual and automated trading strategies. Candidates will leverage Python and SQL to develop analytical tools, enhance operational efficiency, and automate data-driven decisions. Collaboration with product, engineering, and operations teams is essential to optimize data pipelines, trading systems, and risk management. A strong focus on market mechanics, risk assessment, and familiarity with financial instruments is needed, along with excellent communication skills and a proactive learning attitude.
Required Skills
Benefits
Job Description
Your Role:
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Identify and execute borrow and loan opportunities across various asset classes (equities, fixed income, ETFs) using both manual and automated trading strategies.
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Leverage Python and SQL to streamline daily tasks, develop analytical tools, and automate data-driven decisions.
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Collaborate with Product, Engineering, and Operations teams to optimize data pipelines, trading systems, operational efficiency and risk controls.
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Monitor outstanding loans, recalls, and rates to optimize risk and profitability.
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Build relationships with borrowers, lenders, custodians, and firm client partners.
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Assess and manage counterparty, credit, and market risk while staying informed of market developments and regulatory changes.
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Work with existing and new securities lending vendors on product development solutions.
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Contribute to creating automated workflow solutions for securities lending trading and operations.
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Bachelor’s degree in Computer Science, Data Science, Mathematics, Finance, Economics or a related quantitative field.
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0–2 years of experience in a technical or trading role, ideally with some exposure to securities lending, short selling or related experience.
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Proficient in Python and SQL.
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Strong analytical, quantitative, and problem-solving abilities.
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Familiarity with core financial instruments (equities, fixed income, ETFs) and general market mechanics.
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Excellent collaboration and communication skills to work across teams.
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High initiative and eagerness to learn about securities lending, product development, and advanced trading concepts.
How We Take Care of You:
- Competitive Salary & Stock Options
- Health Benefits
- New Hire Home-Office Setup: One-time USD $500
- Monthly Stipend: USD $150 per month via a Brex Card
Alpaca is proud to be an equal opportunity workplace dedicated to pursuing and hiring a diverse workforce.
Alpaca
Alpaca's easy to use APIs allow developers and businesses to trade algorithms, build apps and embed investing into their services.
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