State Street
SecuritiesLendingCollateral&SettlementsManager
“Securities Lending - Collateral & Settlements -Manager at State Street. Skills: process management, cross-functional coordination, vendor/stakeholder management, operational metrics, resource planning, continuous improvement, risk management, Securities Lending, Collateral Management, Settlements. Processes high volume of international loans, Recall returns, Equilend & Non-Equilend Broker Returns daily adhering to established procedures and monitors and resolves pending and failing aged Returns.”
What You'll Achieve.
Ensure that your team meets the agreed SLA, KPI and KRI and evidence of the same documented every day.; Ensure timely resolution of counterparty issues; Track and monitor the workflow queues/day to day workload/pending requests/mailbox to avoid any potential issues and delays and ensure 100% SLA and accuracy and timelines for BAU deliverables.; achieve our financial commitments by providing better client service.; drive year-over-year improvement and enhancement of internal controls
Industry & Context.
monitors and resolves pending and failing aged Returns.; resolves complex problems; risk mitigation, problem solving, and decision making skills; Ability to think critically and resolve complex problems
Should be flexible to work in US (6: 00 PM - 3: 00 AM IST) Shift
What They're Looking For.
Must Have
8 to 10 years of experience in knowledge services environment serving Capital Market in Stock lending domain, handling a team of over 5 to 10 people at a minimum., MBAS/BA or equivalent, 8+ years experience in management of multi location, management and employee relations skills
What You'll Do.
Processes high volume of international loans
Equilend & Non-Equilend Broker Returns daily adhering to established procedures and monitors and resolves pending and failing aged Returns.
Interacts with traders
fund group(s) and counterparts regarding discrepancies if any
Executes instructions to receive or deliver securities from counterparties.
Reviews contract compare records
DDA’s to validate positions with each counterparty.
Assists business area with inquiries pertaining to transactional coordinates response with traders
corporate actions staff and other internal teams.
Ensure timely resolution of counterparty issues including pricing problems
quantities of loans and borrows
etc. while keeping management informed of any potential issues.
Identifies and analyzes operations risks related to current and potential business and recommends procedural changes/improvements as needed
Understand end to end of the process (including new ones) and contributes to process improvement ideas highlighting any potential process risk to the managers
Demonstrates effective risk management skills – capture and communicate probability and impact to key stakeholders
ensure appropriate mitigation strategies are agreed.
Track and monitor the workflow queues/day to day workload/pending requests/mailbox to avoid any potential issues and delays and ensure 100% SLA and accuracy and timelines for BAU deliverables.
Drive opportunities to work across groups in support of client needs
contribute in enhancing operating model and key Business Unit and Transformation initiatives
deliver on business and regulatory initiatives as per set timelines
achieve our financial commitments by providing better client service.
Always finding better ways to improve the process-you are responsible to drive and provide process improvement ideas to make the process and operating model better and efficient.
Encourage staff to think differently.
Look to provide time saves and risk reduction
SSGM COO transformation - understand and assess internal control environment to drive year-over-year improvement and enhancement of internal controls – promote self identification working in partnership with the global SSGM Business Controls teams
How You'll Work.
Team & Collaboration
Develop effective working relationships with all SSGM staff at all levels across all locations; Communicates with other team members from diverse background in an effective manner.; Influences and motivates the team.; Creates an empowering climate.; Projects an inspiring presence and collaborates by fostering a network of communication; Work as a team player in a global team environment; Ability to work and communicate with people across organizational units; Drive opportunities to work across groups in support of client needs; working in partnership with the global SSGM Business Controls teams
Communication Scope
Communicates with other team members from diverse background in an effective manner.; Ability to work and communicate with people across organizational units; Projects an inspiring presence and collaborates by fostering a network of communication
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