Also referred to as:
Securities Lending Manager II, Stock Short Sale Loan Manager II
Requirements and Responsibilities
Stock Loan Manager II manages the stock loan application process and ensures that all loans are in compliance with federal regulations. Develops new business prospects and maintains existing relationships to increase sales and services. Being a Stock Loan Manager II assesses probability of future business when completing a stock loan for another firm. Requires a bachelor's degree in area of specialty. Additionally, Stock Loan Manager II typically reports to top management. The Stock Loan Manager II manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a Stock Loan Manager II typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required.