Financing Solutions Loan Returns Settlements -Senior Associate
On-siteBengaluru, Karnataka, India
Job Summary
Conduct returns booking, exception monitoring, and collateral management for market loan and return transactions. Process high volumes of international loans, recall returns, and handle Equilend and Non-Equilend Broker Returns daily while adhering to established controls. Monitor and resolve pending or failing aged returns, interact with traders and counterparties regarding discrepancies, and execute instructions to receive or deliver securities. Confirm end-of-day re-pricing and money movements, review contract compare records and DDA's to validate positions, and ensure timely resolution of counterparty issues including pricing and quantity problems. Identify and analyze operations risks related to current and potential business, recommending procedural improvements as needed.
Required Qualifications
- Good understanding of equities, fixed income, Securities Lending and borrowing business
- Collateral management
- Constant interaction with multiple stakeholders namely Trading Desk, Borrowers, Internal teams
- Strong knowledge of Agency/Principle Security lending business
- Capital markets and Equities
- Strong communication, interpersonal, organizational, and time management skills
- Deadline and detail oriented
- Demonstrated computer proficiency, including advanced knowledge of MS Excel
- Problem solving and analytical skills
- University degree in Business majoring in Accounting, Finance, or other Financial-related programs
- Overall experience of 2+ years in Trade Settlements, Mark to Market and Collateral Management (NA/EMEA markets) process
- Investment Banking, Agency/Principal Lending, Custodial Services, Financial Markets knowledge is must
- Flexible to work in US (6:30 PM - 3:30 AM IST) shift
Desired Qualifications
- Certifications like NSE Certification in Financial Markets (NCFM), NSE Certified Capital Market Professional (NCCMP) etc.
- Exposure to Equilend, MCH, and DTC applications
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