Securities Lending Settlements and Collateral Management Operations Officer

Our client, a Global Financial Services Group, is seeking an experienced Repo and Securities Lending operations candidate with strong Collateral Management and settlements experience to join its dynamic and growing division – which is responsible for traditional middle and back office functionality from settlements and collateral management to fees / billing and reconciliations. The successful candidate will ultimately be responsible for day-to-day administration of the securities lending and financing business.

Main Responsibilities:

• Day-to-day operations surrounding Repo and Securities Financing activity with the primary function to support the operational requirements of Collateral Management related activity.
• Collateral Management / Settlement processing including calculating, agreeing and processing margin call pertaining to the Repo and Securities Lending activities of the business.
• Collateral Reconciliation (of collateral reports generated by Euroclear and Global One).
• Escalate any discrepancies promptly to ensure accurate reporting of collateral positions.
• Static Maintenance (updating Global 1).
• Administration Support: controls, documentation, corporate actions processing.

Experience required:

• At least 3 years’ experience in operations within Financial Services with a focus on repo and securities lending operations – especially with collateral management experience, but also ideally settlements, cash management, and reconciliations experience.
• Good standard of education (degree level ideally).
• Intermediate level of IT skills including securities finance systems such as Global One, Broadridge, Spire, Pirum etc. and treasury management systems such as SWIFT.
• Strong communication skills for liaising with internal and external clients, and attention to detail.
• Ideally some regulatory knowledge including an appropriate understanding of AML, payments and other laws and regulations relating to banking operations.
• Able to interpret financial data and work through issues to resolve them and ensure static data is maintained effectively.

This is a fantastic opportunity to make an impact, be creative, and grow your role within a dynamic new business line within an established and global trust business. Apply now if you fit the criteria, do not require sponsorship to work in the UK, and are keen for a new challenge!

Please note that due to the high volume of applicants responding to our adverts we are regrettably not able to feedback on all applications; only successful candidates will be contacted