Operations - Agency Securities Lending Operations - Associate

Last updated 24 minutes ago
Location:Sydney
Job Type:Full Time

Agency Securities Lending Operations provides regional operational support for our Discretionary Securities Lending businesses. Securities Lending as agent lender provides equity and fixed income securities to broker dealers to facilitate their proprietary and client trading strategies. Where they have a requirement to borrow securities the lending desk negotiates a fee for the loan based on supply and demand and the type of underlying strategy. With 4 desks globally, JPMC offers a 24 hour service in 37 different markets.

Your responsibilities will include:

  • Providing operational support for the Securities Lending & Cash Reinvestment Trading desks
  • Monitoring client sales, and ensuring adequate inventory for settlement and assist the trade desk to recall or swap positions for proxy events, buffer management, MSCI rebalance and client transitions
  • Corporate Actions and Manufactured Income – providing oversight and escalation support for APAC events
  • Collateral Management - ensuring sufficient collateral is maintained at all times for the stock on loan in our discretionary program, including cash & non-cash collateral, and bilateral repos Reviewing and reporting on daily compliance data
  • Provide metrics and associated commentary to senior operations managers and act as a senior contact point to the business
  • Train and develop junior staff, focus and drive efficiencies and changes to the control and automation agendas

To be successful you will need:

  • Bachelor degree or above preferred
  • Excellent knowledge of Global Financial Markets with a minimum 7 years of experience in Securities Lending, Collateral Management, Settlements, Trade Support/Middle Office or COACs role
  • Experience in a supervisory or managerial position
  • Proven track record in a busy / dynamic operations environment with an ability to work under pressure and to strict deadlines
  • A history of process improvements, strong controls focus along with understanding of the workflows of a custodian
  • Good understanding of Microsoft Excel