Securities Finance Associate
- Recruiter
- Resource Solutions - GSC
- Location
- London
- Salary
- 50000.00 - 60000.00 GBP Annual
- Posted
- 24 Sep 2020
- Closes
- 30 Sep 2020
- Sectors
- Accountancy
- Contract Type
- Permanent
- Hours
- Full Time
Role overview
The department's main clients are clearing banks, prime brokers, banks, pension funds, asset managers, central banks, and insurance companies. Internally, the client relies heavily on services offered by SF.
Securities Finance activities are delivered through Stock Loans, Repurchase Agreements, and any other products recorded on the approved products list.
Role holder details
Servicing the bank's clients' securities finance requirements with a view to achieving the bank's annual prudential and commercial Securities Finance goals whilst adhering to the bank's risk limits and the department's trading mandate.
Results and Core Activities
- Assist desk in activities relating to execution of Securities Finance transactions to fulfil the bank's clients requirements
- Undertake all allocated regulatory training
- Adhere to all risk limits, procedures, and parameters set in the GM UK Trading Mandate
- Manage designated trading book(s) to minimise risk to the bank whilst optimising the banks prudential and return & revenue opportunities. Endeavour to meet financial targets set by Management
- Provide professional service to the bank's internal and external clients to create sustainable value to client and bank
- Keep up to date on any regulatory and industry developments to enable continued professional client service and high risk management standards required
- Seek process improvements and value chain optimisation opportunities
Required skills
- University education or professional qualification
- Numerically literate- good Excel skills
- any programming skills would be highly advantageous
- Knowledge and understanding of IT
- Financial insight and affinity with related products
- Experience within Front Office environment or part of a capital markets product value chain
- Knowledge of Securities Finance industry and/or products an advantage
- Ability to communicate clearly and openly within a professional environment