Securities Lending - Trading

  • Competitive
  • Hong Kong
  • Permanent, Full time
  • BNY Mellon
  • 20 Nov 17 2017-11-20

Securities Lending - Trading

  • Establish and maintain Borrower contact in order to lend primarily Far East equity securities
  • Adhere to all GSL compliance and credit imposed limits and guidelines
  • Price and book all loans with due regard to the relevant markets settlement conventions, collateral, term and withholding tax issues.  Price baskets optimally, especially in Japan
  • Utilize BNY Mellon's proprietary web-based auction platform
  • Maintain on-going relationships with the Broker community including out of office travel and entertainment
  • Lend global Securities at the maximum spread achievable to the Client/Bank; understand the impact different collateral types: cash and non-cash have on the pricing of the loan
  • Understand Far East Lending in detail - learn elementary documentation, operational and credit issues as they relate to Securities Lending
 
   

Qualifications
  • Stock lending experience or relevant market experience
  • Knowledge of major Asian equity markets
  • Preferably experience with Global One
  • Preferably experience with Bloomberg
  • PC literacy in MS Office
  • Ability to work under pressure and organizational skills
  • Excellent attention to detail
  • Excellent verbal and written communication skills - particularly when using the telephone, Bloomberg or e-mail
  • Competent with Excel Spreadsheets and Open Bloomberg links
  • Dynamism and enthusiasm
  • Accurate when dealing with figures and when recording trading activity under pressure


For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments & safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.

As our clients address evolving liquidity, risk and collateral eligibility needs as a result of changing regulations, Global Collateral Services helps them move collateral where and when they need it. Backed by modern technology and multi-dimensional thinking, we're ready to deliver the expertise, products and services institutional investors and intermediaries need as they address their collateral, liquidity and securities financing needs. Our innovative, insight-driven solutions help our clients, whether on the buy-side or the sell-side, improve the way they manage their collateral, engage in more investment opportunities to help maximize their investment returns and access new financing alternatives.

BNY Mellon is an Equal Employment Opportunity Employer.

Primary Location: Hong Kong-Hong Kong-Hong Kong
Job: Trading
Internal Jobcode: 51439
Organization: Securities Finance-HR10447
Requisition Number: 1709022

Tags: EFC:APAC: 34A, 11-D