Team Leader Security Lending

  • 45,000.00 - 55,000.00
  • Dublin, Leinster, Ireland
  • Permanent, Full time
  • Brightwater
  • 29 Sep 16

A new permanent team leader job has arisen with a leading financial services firm based in Limerick. This Securities Lending job is now available due to the department being relocated from the company’s London office. The Securities Lending Team Leader will report directly to London and will manager a team of 3 on the ground in Limerick.

A new permanent team leader job has arisen with a leading financial services firm based in Limerick. This Securities Lending job is now available due to the department being relocated from the company’s London office. The Securities Lending Team Leader will report directly to London and will manager a team of 3 on the ground in Limerick.

Responsibilities:

• The team’s key objective is to ensure the adequacy of collateral for Securities Lending loans with EMEA borrowers
• Close liaison with internal business partners such as the Trade Support and Trading desks as well as counterparts at borrowers (typically global prime brokers)
• The team manages a wide variety of collateral types including cash, bonds, and Crest DBVs
• Supervision of staff, ensure adequate collateral levels are maintained on a daily basis in accordance with client agreements and internal guidelines
• Focus on day-to-day operations, monitor work flow distribution
• Ensure the team’s daily KPIs are met
• Develop working relationships with borrowers and triparty collateral agents and manage those relationships to ensure queries are resolved in a timely manner
• Manage end-of-day account balancing
• Recognise process improvement opportunities and make viable suggestions towards achieving efficiencies
• Manage cash, stock, suspense and other exceptions related to collateral activity ensuring the team work diligently to resolve such exceptions
• Develop a good working knowledge of all collateral types accepted in the lending program
• Ensure appropriate management reporting is produced
• Demonstrate leadership in developing a positive team spirit and environment
• Aid staff development by providing on-the-job training and coaching
• Chairing regular team meetings

Candidate Requirements:

• A minimum one year’s supervisory experience is desirable
• At least two years’ experience within a banking / custody operations environment
• Deep knowledge of International settlements (including Euroclear and Crest) and income / corporate actions advantageous
• Experience in a Securities Finance / Securities Lending processing environment is beneficial
• Good PC skills, in particular, Excel
• Self-starter, flexible, good team player, with the ability to work under pressure
• The ability to deal confidently and articulately with external counterparties

For more information on this Securities Lending Team Leader job or other Investment, Banking or Funds jobs contact Sara Goulding at Brightwater on 01-6621000 or click apply below.