Senior Manager, Securities Lending Quant

About the role

As a Senior Manager, Securities Lending Quant, you will serve as a senior desk-facing quantitative expert within the Treasury Modeling department, focusing on securities lending, prime brokerage, margin lending, and equity finance. This role is designed for someone who understands how securities lending desks operate, can speak the language of traders, and can turn market structure, inventory, client demand, collateral, pricing, and P&L dynamics into practical analytics that improve decision-making.

Responsibilities

• Develop desk-facing quantitative analytics for securities lending, margin lending, and prime brokerage, with a focus on inventory, release decisions, pricing, demand signals, utilization, risk, and P&L drivers.
• Partner with traders and desk stakeholders to understand pain points, pressure-test assumptions, and convert complex business questions into actionable quant solutions.
• Analyze how client activity, market conditions, collateral dynamics, financing spreads, utilization, and product mechanics flow through balances, revenues, valuation, and P&L outcomes.
• Enhance securities lending release-engine analytics by connecting inventory availability, borrow demand, margin balances, collateral, pricing, client activity, and desk-level P&L into clear decision frameworks.
• Design analytics that strengthen securities inventory management, including availability, utilization, demand signals, collateral dynamics, concentration risk, and balance sheet optimization.
• Partner closely with Treasury, Finance, Model Risk Management, product teams, and desk stakeholders to ensure models reflect real product behavior, market structure, and business economics.
• Produce clear technical documentation, white papers, model methodology notes, monitoring materials, and stakeholder-ready explanations of model results.
• Support model governance activities, including validation, limitation assessment, performance monitoring, change management, and ongoing model maintenance.
• Identify opportunities to improve analytical accuracy, automation, controls, and business adoption across securities lending and related products.
• Promote and pilot innovative quantitative, AI/ML, automation, or statistical approaches that can improve trading decisions, inventory deployment, pricing, risk measurement, or P&L explainability.
• Serve as a senior securities lending thought partner who shapes analytical direction through domain depth, desk intuition, credibility with stakeholders, and strong execution.

Qualifications

• Bachelor’s degree in a quantitative field, finance, economics, engineering, physics, mathematics, statistics, computer science, or equivalent experience.
• 8+ years of experience in financial services as a securities lending quant, desk strategist, prime brokerage quant, quantitative strategist, or similar role supporting financing, risk, pricing, inventory, or P&L decisions.
• Deep understanding of prime brokerage, securities lending, collateralized lending, margin, financing spreads, balance sheet usage, client behavior, and secured product economics.
• Strong knowledge of equity-linked products, including how equity markets, derivatives, hedging activity, client flows, and financing dynamics affect balances, valuation, pricing, and P&L.
• Ability to translate trader needs and ambiguous business questions into practical quantitative tools, decision frameworks, and implementation plans that improve desk outcomes.
• Strong Python or similar programming experience, with the ability to work efficiently with large datasets and controlled production environments.
• Strong communication skills, including the ability to engage credibly with traders and explain quantitative insights to both technical and non-technical stakeholders.
• Experience operating in a governed model environment, including documentation, validation support, monitoring, and controlled change management.