Verified Job
Accounting - Finance
Head Securities Lending Operations Bank 1420 yrs
Accounting - Finance
#243875
Remote / WFH
Job Description
Head of Securities Lending Operations (Chennai)
Shift (Majorly EMEA). Will manage team (Span100) across all regions (APAC, EMEA and Americas)
Key Requirements
- Graduation from a recognized University, preferably a Master's degree in Commerce or MBA (Finance)
- Candidate should have minimum of 15 years of overall experience in capital market operations ( a few years in Securities Lending/Custodian Operations) of a Multi-National Banking Company with at least 8-10 years of management experience.
Position Purpose
The Head of Principal Lending operations will be responsible for taking care of the entire Back Office operations functions for Principal Lending business in Chennai Location. He or She is responsible to monitor the productivity of the processes, monitor and manage risks, people and overall governance of the department
Operations
- Responsible for full back office operational functions of Principal lending operational processes such as Settlements, Collateral Management, Global Static Data, Reconciliations, Income & Corporate Actions and Fee management across all regions (APAC, EMEA and Americas)
- Foster relationships across multiple areas in the firm including trading desks, operations, technology, compliance departments and global groups to standardize the processes.
Risk Management
- Monitor the team's performance and quality of delivery against the agreed SLAs and standards Follow up on cash, trade & position breaks, pending fee payments of the activities.
- Closely monitor the non-cover report of collateral management and ensure sensitive clients with high book values are given extra care.
- Identify the pain points and implement the fixes and adequate control measures to maximize the standards to meet Client's desired level.
Budget and Governance
- Conduct Monthly Service Level Calls with Paris Global Heads and conduct Weekly Management calls to cascade management communications and receive key operational inputs, issues and incident follow up
Shift (Majorly EMEA). Will manage team (Span100) across all regions (APAC, EMEA and Americas)
Key Requirements
- Graduation from a recognized University, preferably a Master's degree in Commerce or MBA (Finance)
- Candidate should have minimum of 15 years of overall experience in capital market operations ( a few years in Securities Lending/Custodian Operations) of a Multi-National Banking Company with at least 8-10 years of management experience.
Position Purpose
The Head of Principal Lending operations will be responsible for taking care of the entire Back Office operations functions for Principal Lending business in Chennai Location. He or She is responsible to monitor the productivity of the processes, monitor and manage risks, people and overall governance of the department
Operations
- Responsible for full back office operational functions of Principal lending operational processes such as Settlements, Collateral Management, Global Static Data, Reconciliations, Income & Corporate Actions and Fee management across all regions (APAC, EMEA and Americas)
- Foster relationships across multiple areas in the firm including trading desks, operations, technology, compliance departments and global groups to standardize the processes.
Risk Management
- Monitor the team's performance and quality of delivery against the agreed SLAs and standards Follow up on cash, trade & position breaks, pending fee payments of the activities.
- Closely monitor the non-cover report of collateral management and ensure sensitive clients with high book values are given extra care.
- Identify the pain points and implement the fixes and adequate control measures to maximize the standards to meet Client's desired level.
Budget and Governance
- Conduct Monthly Service Level Calls with Paris Global Heads and conduct Weekly Management calls to cascade management communications and receive key operational inputs, issues and incident follow up
