Sr Admin Ops Intl Sec Lending job in London
|Company Name:|| BNY Mellon|
The Senior Administrator will be responsible for the pre-collateralisation and settlement processing of Securities Lending trades; ensuring all necessary action is taken to investigate, and enabling timely settlement for all security transactions including Fixed Income, Equity and Collateral activity, whilst acting as point of contact for all queries raised by both the trading desk and/or the relationship management team on behalf of the Client.
Trades are to be pre-matched where possible and resolution is sought on all failed trades with action taken to resolve within a timely manner to avoid financial and reputational risk to both the Client and BNYM.
Liaise with the Client, Client Services and internal departments to ensure enquiries are responded to and maintain internal/external client satisfaction.
Action all reconciliation discrepancies and assigned breaks within specified deadlines in order to provide a high quality service and minimise risk to the organisation.
Decision Making Authority
Exhibit the ability to make sounds judgement decisions whilst considering the wider implications and risks of specific proposals
Required to actively seek and improve networks across other departments and use the relationships in an effective manner in order to enhance the overall group performance
Track the performance of each of the assigned tasks in order to ensure that they are operating efficiently and effectively.
Investigate opportunities for self development and improving knowledge of the business that you are servicing in order to improve skills and knowledge and deliver maximum service levels
Measures of success:
Ø Adherence to departmental procedures
Ø All transactions and tasks are accurately processed within published deadlines.
Ø All transactions are investigated and escalated in accordance with procedures.
Ø Where possible all trades are pre-matched to avoid potential fails and improve settlement performance.
Ø All failed trades are investigated and escalated to the trading desk wherever necessary.
Ø All Client queries are responded to in a timely manner.
Ø All Client service level agreements are adhered to.
Ø Daily checklist is completed at the designated time.
Ø All personal objectives are met
Ø Evidence of personal achievement is provided regularly to management
Ø Demonstrates areas of self-motivation and proactive actions that go beyond expectation.
Previous experience in a financial services environment in a Trade Processing or Collateral Management role is preferable.
Qualifications and Training:
Ø Minimum education to GCSE level or equivalent - 5 passes (including English and Mathematics), and 2 A-Levels or equivalent.
Ø Degree Preferred
Ø Must be prepared to complete industry standard qualifications as required.
Job Skills and Knowledge:
Ø Risk aware
Ø Excellent Attention to detail
Ø Strong Client Service ethic
Ø Demonstrate a desire for excellence through conscientious approach
Ø Well organised and focused in order to meet deadlines and client expectations
Ø Proactive nature
Ø Problem Solving
Ø Strong numeric as well as written and verbal communication skills essential
Ø Intermediate MS Excel/Word
For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments & safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.
As our clients address evolving liquidity, risk and collateral eligibility needs as a result of changing regulations, Global Collateral Services helps them move collateral where and when they need it. Backed by modern technology and multi-dimensional thinking, we're ready to deliver the expertise, products and services institutional investors and intermediaries need as they address their collateral, liquidity and securities financing needs. Our innovative, insight-driven solutions help our clients, whether on the buy-side or the sell-side, improve the way they manage their collateral, engage in more investment opportunities to help maximize their investment returns and access new financing alternatives.
BNY Mellon is an Equal Employment Opportunity Employer.
Primary Location: United Kingdom-Greater London-London
Job: Global Markets
Internal Jobcode: 50731
Organization: Securities Finance-HR10447
Requisition Number: 1700056