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Associate, Securities Lending Operations
As an Associate in Securities Lending Operations at BlackRock in Edinburgh, you will oversee the day-to-day securities lending process, collateral management, and operational risk. You will work closely with various departments to ensure the efficiency and compliance of global securities lending transactions.
Role Summary
- Join BlackRock’s Securities Lending Operations team and play a critical role in supporting one of the global trading operations.
- This role offers the opportunity to develop expertise in a range of lending products, collateral management, operational risk, and trade lifecycle operations while collaborating with stakeholders in Trading, Custody, Credit Analysis for Investment Participants, and the Lending function.
Team Overview
- Securities Lending Operations supports the end-to-end lifecycle of BlackRock’s global securities lending business.
- The team is responsible for transaction processing, collateral management, leverage optimization, regulatory compliance, accounting, and billing reconciliations.
- The function works closely with Trading, Custody, Credit, and other business lines to facilitate lending activities while maintaining strong operational controls and regulatory compliance.
Roles Overview
- As an Associate in Securities Lending Operations, you will oversee daily operational risk assessments and monitor liquidity and capital solutions in a fast-paced environment.
- The position offers significant exposure to securities lending operations, collateral management, and financial markets.
Key Responsibilities
- Oversee daily securities lending activities, including securities lending processing and collateral optimization as needed.
- Monitor market activity and regulatory developments, supporting lending agents, brokers, and third-party service providers to facilitate lending activities while maintaining strong operational controls and regulatory compliance.
- Identify operational risks, escalate issues appropriately, and support remediation efforts to strengthen controls.
- Produce and analyze operational reports on market performance, service-level metrics, and management information.
- Contribute to initiatives related to automation, process improvement, and operating model enhancement that improve efficiency and scalability.
- Support new business initiatives, client onboarding, market application events, and phased implementations.
- Maintain accurate documentation and reconciliations.
Required Qualifications
- Bachelor's degree in finance, accounting, economics, business, or a related field.
- 2–5 years of experience in securities lending, investment operations, or financial services.
- A strong understanding of the securities lending business in a regulated financial services environment.
- Demonstrated analytical and problem-solving skills and attention to detail.
- Ability to manage multiple priorities, implement risk controls, and take a proactive approach.
- Strong written and verbal communication skills, and the ability to collaborate across teams.
- Advanced proficiency in Microsoft Office and relevant systems.
Preferred Qualifications
- Experience supporting securities lending, collateral operations, investment operations, or post-trade processes.
- Knowledge of operational risk frameworks, reconciliations, exception management, and control environments.
- Experience with data analysis, team automation, cost reduction, or process improvement initiatives.
- Familiarity with investment management, asset servicing, or custody operating models.
- Professional certifications such as CIA, CFA, FRM, or equivalent qualifications and experience.
Our Benefits
- To remain competitive, we recognize that the employee experience is important in helping to build a strong professional community and personal connections, and that a healthy work-life balance is essential to your success.
- Please refer to the employee benefits page for full details.
Our flexible work model
- BlackRock’s hybrid work model reflects the complexities of our business, while promoting flexibility for employees and teams.
- Most employees will be required to come into the office for full days each week.
- The position you are applying for may have more specific requirements.
- Our leadership teams will post further details within 1–2 weeks of your interview.
- We remain focused on understanding how our investments contribute to the success of our business.
- We continue to invest in bringing us closer together in person, in line with our commitment to performance and innovation.
- As a new hire, you will work with your hiring manager to plan your training and onboarding experience here at BlackRock.
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