Financing Solutions Operations - Assistant Vice President

Job description

Financing Solutions Operations - Assistant Vice President

Tasks

• Process high volumes of international loans, recall returns, funded and unfunded broker returns daily, following established procedures and controls
• Monitoring and resolution of outstanding and missing older returns
• Confirmation, comparison, settlement, etc.
• Interaction with traders, client management, fund groups and counterparties regarding discrepancies
• Execution of instructions to receive or deliver securities from counterparties
• Ensuring that the team complies with the agreed SLA, ATP and R&R and documents evidence of this on a daily basis
• Review of confirmation/contract documents, IOAs for validation with positions with each counterparty
• Supporting business units with transaction activity requests, coordinating with traders, corporate action staff and other internal teams
• Ensure timely resolution of counterparty issues, including pricing issues, amounts of loans and borrowings, etc., while keeping management informed of potential issues
• Identify and analyze operational risks associated with current and potential business and recommend process changes/improvements as needed
• Demonstrate effective communication skills, both written and verbal, to ensure key stakeholders are regularly informed of progress and/or issues
• Ensure that trades that fall out of the STP process are highlighted, tracked and remedied if necessary
• Understanding the entire process (including new processes) and proactive process improvement ideas, highlighting potential process risks
• Demonstrate effective risk management capabilities - ensuring compliance and productivity improvements for key stakeholders, ensuring appropriate operational changes are agreed
• When evaluating opportunities to implement STP in key initiatives

Requirements

• Experienced Operations Manager for SSGM India COO organization with a proven track record of managing processes and large teams in securities lending, repo-to-market, SBL, corporate actions, FI or equity settlements and collateral management.

We offer

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