Securities Lending Operations Specialist

East Lothian  ‐ Onsite
This project has been archived and is not accepting more applications.
Browse open projects on our job board.

Description

McGregor Boyall are currently working with a Global Asset Management company to source a Securities Lending Operations Specialist to join their Investment Operations Team in Edinburgh on a contract basis. Working in close alignment with the Securities Lending business, the team plays a key role in the delivery of the Securities Lending accounting and billing to flexibly adapt to emerging business opportunities and client needs. It also plays a key role in the risk management process, as well as management of internal and external service providers.

You will work closely with colleagues globally & other operations specialists, traders, product managers, business analysts, risk managers, IT developers and client-facing teams - to support existing and new trading strategies, enhance technology and reporting, and develop new products and services. You'll have an opportunity to make a real impact on the bottom line by enabling the business to capitalize on special lending opportunities, improving performance and efficiency, supporting the on boarding of new inventory and the expansion of relationships with clients, borrowers and service providers.

Responsibilities

  • Manage and ensure timely loan and return settlement in all markets, and resolve related issues daily
  • Ensure appropriate collateral is agreed and transacted with counterparties on a daily basis.
  • Calculate margin requirements to ensure compliance with internal and client guidelines, and provide reporting to auditors, management and clients
  • Ensure sufficiency management is reviewed with appropriate actions taken to mitigate securities lending risks to client investment portfolios.
  • Follow established procedures and perform appropriate controls (including cash, security and collateral reconciliations), while exercising good judgment in managing risk and following escalation procedures.
  • Oversee and manage internal and external service provider relationships
  • Develop and maintain close relationships and partnerships with Securities Lending and other BlackRock colleagues (traders, product managers, technology teams, etc.), as well as with external service providers, custodians and counterparties.
  • Develop expertise in local market practices through experience, training, classes and outside research, to ensure best of class service.
  • Support the continued evolution of the Securities Lending technology platform and global process model.

Skills/Experience

  • Degree qualified or other certifications/achievements desirable
  • Strong demonstrated aptitude and interest in finance required.
  • Experience in the financial industry a plus.
  • Highly risk aware and demonstrated ability to multi-task and make appropriate decisions under rigid deadlines, while adhering to established procedures and escalation/risk mitigation measures.
  • Self-motivated, confident and proactive problem solver.
  • Positive attitude and willingness to stretch self, outside comfort zone and grow.
  • Highly detail oriented and customer focused.
  • Ability to prioritize and deliver assignments as promised, while maintaining high quality and consistent results.
  • Comfortable interacting with and influencing a wide range of audiences, from peers to senior level managers.
  • Proficient with Excel and other MS Office applications, and able to quickly learn proprietary systems.
  • Driven to be a productive part of a highly functioning, collegial team, and to work in a high expectation and high impact environment.

McGregor Boyall is an equal opportunity employer and do not discriminate based on race, religion, gender, age, sexuality, gender identification, or physical ability.

Start date
ASAP
Duration
50 week
From
McGregor Boyall
Published at
03.02.2017
Project ID:
1281851
Contract type
Freelance
To apply to this project you must log in.
Register