Collateral Operations Prime Brokerage Specialist

City of London Permanent £90,000 - £100,000
  • immediate Financial Services role based in The City of London
  • Paying £85-100k

About Our Client

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work. Learn more about our benefits here.

Good conduct and sound judgment is crucial to our long term success. It's important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements. As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

Job Description

  • Collateral Operations Prime Brokerage Professional



Corporate Title: Vice President

Location: London

Role Description:

Responsibilities will include but not limited to:

    • Issuing margin calls directly to clients and responding to client queries.
    • Authorisation of release of equity from client accounts (both cash and free of payment stock).
    • Liaising with other internal departments including Onboarding, Risk, Client Service and Account Management.
    • Has oversight of the daily BAU critical function.
    • Formalizes and delivers short/med/long term project milestones with governance routines that meet enterprise standard. Proactively identifying and responding to changing business and regulatory needs.
    • Manages and influences a diverse set of stakeholders across the organizations and adapts communication accordingly.
    • Drives front to back reviews of the PB process to identify opportunities for re-alignment.



The Team:

EMEA Collateral Operations Prime Brokerage is a small team with presence in London which also provide support for the APAC and AMRS regions as part of a follow the sun model. The team provides margin and operational support for the Prime Brokerage Business which allows clients to trade with any counterparty and settle their physical transactions through a single prime broker, whilst also allowing clients access to trade all OTC and exchange traded derivatives.

Core Skills:

    • We are looking for candidates with strong collateral operations knowledge as well as being a self-starter, capable of participating in global projects and helping to drive these projects through to execution.
    • The candidate should also have a solid risk and control mind-set, this will be needed to ensure that when tasks and functions are realigned we are focused on enhancing pro-active controls rather reactive.
    • Ability to work under pressure in a team environment.
    • Ability to identify gaps in a process and to question tasks performed.
    • An appreciation of operational risk and internal audit processes.
    • The candidate should also be an excellent communicator and be able to work across multiple teams and multiple regions ensuring we have global consistency across the operating model.

The Successful Applicant

    • We are looking for candidates with strong collateral operations knowledge - this is a must.
    • You will come from a Prime Brokerage background, if not then strong financial markets.
    • As well as being a self-starter, capable of participating in global projects and helping to drive these projects through to execution.
    • The candidate should also have a solid risk and control mind-set, this will be needed to ensure that when tasks and functions are realigned we are focused on enhancing pro-active controls rather reactive.
    • Ability to work under pressure in a team environment.
    • Ability to identify gaps in a process and to question tasks performed.
    • An appreciation of operational risk and internal audit processes.
    • The candidate should also be an excellent communicator and be able to work across multiple teams and multiple regions ensuring we have global consistency across the operating model.



*Collateral Operations Prime Brokerage Specialist*

What's on Offer

Collateral Operations Prime Brokerage Specialist, city of London location, financial services industry, £85-100k salary

Contact
Esther Blunsdon
Quote job ref
JN-042022-5582777
Phone number
+44 207 776 5947

Job summary

Sector
Banking & Financial Services
Subsector
Operations / Middle Office - Banking / Securities
Sector
Financial Services
Location
City of London
Contract type
Permanent
Consultant name
Esther Blunsdon
Consultant phone
+44 207 776 5947
Job reference
JN-042022-5582777