Would you like to take the ownership and be responsible for the onboarding, trade reference data management and key control process oversight?

The Stock Borrow Loan (SBL) desk is part of the Prime Finance Organisation. SBL undertakes various trade structures ranging from short coverage, financing, conduit lending, dividend yield enhancement and the facilitation of longer-term non-standard structured deals. To support this, SBL borrows stock from counterparties based in various countries around the world and flows this stock through multiple legal entities onto the relevant risk entity. The team directly supports the front office trading desk and have direct interactions with external counterparties.

As a Trade Support Analyst in the The Stock Borrow Loan Middle Office Team your main function will be to facilitate and control the end to end life cycle of Equity Borrow / Loan activity for the Investment Bank in EMEA. You will work with external counterparties & traders on a day-to-day basis.

Job responsibilities

• Performs Client Onboarding for new counterparties and incremental fund setups, working with internal teams and interaction with counterparties directly
• Sets up SSI for stock and cash
• Provides CASS reports daily, including reviewing of reporting to ensure limits not exceeded, monitoring of settlement and liaising with internal teams
• Provides fails reporting inter day to internal middle office and settlement team, as well as front office
• Ensures all controls and checks are completed on End of Day
• Provides timely escalation to senior management where required
• Remains flexible within the wider SBL middle office to provide coverage and support

Required qualifications, capabilities, and skills

• Excellent problem solving skills in order to identify, understand and address operational and technical issues
• Strong communication skills
• A self-motivated individual who is able to deliver with minimal supervision, whilst also working effectively as part of a team
• Control mind-set to identify process control gaps, prioritize & mitigate operational risk, and ‘do the right thing even when no one is looking’,
• Excellent time management skill and ability to prioritize work effectively , understanding the priorities of stakeholders supporting and adapting delivery accordingly including strong stakeholder management skills
• Ability to respond to a changing environment
• Utilise firm wide self-solve tools in order to create efficiency and removing of manual touch points – opportunities to learn and utilise innovation tools
• Positive “Can Do” attitude
• Contributes to an environment of collaboration and mutual responsibility
• Good understanding of downstream impact of actions undertaken, particularly the requirement for strong and timely controls throughout the life cycle of the trade.
• Proactively drives a resolution and takes ownership of a situation, ensuring right result achieved