Career Story: Stocklending Specialist For An Investment Bank

Stocklending Specialist For An Investment Bank

Job Title: Stocklending Specialist

Type of Company: I work for an investment bank.

Education: BA, Sociology, Framingham State College

Previous Experience: This was my first job after college.

Job Tasks: My job is mainly to make sure all purchases and sales of stock are processed quickly. We invest our clients' money in foreign markets, so all transactions are time-critical. If there is a problem with a purchase or sale going through, I need to work with both parties to fix the it. If the buyer's request on what to buy, for example, doesn't match the seller's information, that trade won't take place.

On a typical day, my team receives hundreds of transactions we have to monitor for problems like these. They come to us by fax. We divide them by which country they are for. First we check for these transactions to "settle in the market", then we run reports to make sure we got everything. We also get hundreds of email and phone inquiries each day from clients checking on their buys or sells.

Best and Worst Parts of the Job: It is very busy. It is a challenge to remember each step necessary and to get everything done in 8 hours. There is so much information to remember that it helps to be very organized and keep notes. At the same time, when you do get everything done during your work day or if you helped resolve problems with trades, you feel like you've accomplished something. Being busy can also be a good thing because it makes the day go much faster.

Job Tips: Be driven. Keep looking for new challenges at your current job. Ask to learn more and take on more. Take in-house or on-line classes if your company offers them. We have to commit to one year in any new position at my company. Keep moving once your year is up. The people who are confident in their abilities have moved up the ladder very quickly by not staying in one place for too long and always looking for new challenges.

Additional Thoughts: It has surprised my how much has changed for the better in 10 years. We are busy now, but technical improvements have helped so much since I first began. I'm surprised I'm still here after 10 years. I never thought I'd catch on, since I had never worked in the financial industry before this job. It is interesting to learn about and it has given me a little better understanding of the world economy.

If I could change anything, I would have moved around more. I got comfortable where I am and haven't left. On the other hand, the seniority has helped with childcare. Confidence and challenging yourself are probably the more important personal qualities for success in the financial industry.

Popular Schools offering Finance Programs

quickinfoThese schools offer particularly quick info upon request, and we have written detailed profiles for each (click school names to see the profiles).

Request info from multiple schools, by clicking the Request Info links.

Matching School Ads

You've found Ashford University, where school comes to you. Earn your bachelor's or master's degree online.

  • Programs: BA/Sports and Recreation Management - Finance, BA/Finance, MBA - Finance, more...
  • Degrees: Bachelor, Master

For over 35 years, Keiser University has provided student-centered, quality career education. Keiser University Online offers degree programs online to prepare students for in-demand professions.

  • Programs: Business Administration, BA - Finance, Bachelor of Arts in Business Administration
  • Degrees: Bachelor

Study online with University of Maryland at College Park.

  • Programs: MBA - Finance, MBA - Accounting, MBA - General
  • Degrees: Master

Earn your graduate degree online with Northcentral University.

  • Programs: Financial Management - D.B.A., Financial Management - PhD in Bus. Admin., Advanced Accounting - PhD in Bus. Admin., more...
  • Degrees: Doctorate, Master

Pursue your MBA or MSEd online.

  • Programs: MBA - Finance, MBA - Accounting, MBA - Strategic Management, more...
  • Degrees: Master

Colorado State University-Global Campus

Colorado State University-Global Campus (CSU-Global) recently received state approval to enroll students with little to no prior college experience. To help ensure student success, the university has created a program especially for these students who plan on starting their college experience for the first time with us.

  • Programs: Master - Finance, Master - Professional Accounting, BS - Accounting
  • Degrees: Master, Bachelor

Liberty University provides a world-class education with a solid Christian foundation, equipping men and women with the values, knowledge, and skills essential for success in every aspect of life.

  • Programs: BS in Business - Finance , CERT: Accounting, AA in Accounting, more...
  • Degrees: Bachelor, Certificate, Associate, Master
California College San Diego
National City, San Diego, San Marcos

The Secret to Getting Ahead is Getting Started

  • Programs: Business Management & Accounting (AAS), Accounting (BS), Business Management & Accounting - Property Management (AAS), more...
  • Degrees: Associate, Bachelor

Iowa Wesleyan University is a transformational learning community whose passion is to educate, empower and inspire students to lead meaningful lives and careers.

  • Programs: Bachelor of Science in Business Administration
  • Degrees: Bachelor
San Joaquin Valley College
Bakersfield, Delano, Hanford, Hesperia, Lancaster, Madera, Ontario, Salida, Temecula, Visalia

San Joaquin Valley College - A Private Junior College.

  • Programs: Degree - Business Administration (Accounting) , Certificate - Business Administration (Accounting), Certificate - Business Administration (Management), more...
  • Degrees: Associate, Certificate
Matching School Ads

Additional Career Stories for Financial Specialists

The inside stories from people actually working in the field.
Click a story title to show the story, and click the title again to hide it.

All Types

You are visiting:

Find a school near you

What are Career Stories?

Career Stories are concise, real-world career overviews written by people relating their personal career experiences and wisdom. They provide invaluable insights and mentoring advice to students and career changers.

Most stories include:

  • a typical day or project
  • tips and advice
  • best and worst parts
  • educational background
  • previous experience

Browse hundreds of Career Stories

More Details On This Career

Please also see our detailed information about Financial Specialists, including: