At a Glance
- Tasks: Join a dynamic team managing Stock Lending and Collateral Management operations on a trading floor.
- Company: Be part of a global investment bank experiencing significant growth in challenging market conditions.
- Benefits: Enjoy a competitive salary, annual bonus, pension, healthcare, and structured training.
- Why this job: Gain hands-on experience in a fast-paced environment while collaborating with top traders and hedge funds.
- Qualifications: Minimum 3 years in Stock Lending Operations; eager to learn and contribute ideas.
- Other info: This role is office-based with no remote work options, offering reasonable working hours.
The predicted salary is between 60000 - 80000 £ per year.
The Role
Prime Brokerage Middle Office: Equity & Fixed Income (Repo’s) Stock Lending & Collateral Management Operations SME (Based on a Trading floor and a brand new Trading desk).
Martis Search are proud to represent a City of London based global Investment Bank that is going through a huge and continued growth phase (in very difficult market conditions) to hire a senior Equity & Fixed Income Stock Lending & Collateral Management Operations SME situated within their Prime Brokerage Middle Office (sitting on their Trading floor). This is a brand new business line, Trading desk and Middle Office department supporting a highly experienced Equity & Fixed Income (Repo’s) Stock Lending & Collateral Management Trading desk.
Our client is looking for an Equity & Fixed Income Stock Lending Operations/ Security Lending Operations/ Collateral Management SME with sound working knowledge gained from Equities and Fixed Income (Repo’s) Securities Lending Operations. Due to how new this business line is, you will be required to be heavily involved with BAU, but also setting up complex processes with the Head of Operations, including researching and continually implementing new technology initiatives, systems, AI & “Robotic Process Automation” to create automated, robust and scalable Operations (Front-to-Back) Middle Office processes going forward.
Products covered:
- Stock Lending (Mandatory Operations experience)
- Repo’s (Mandatory Operations experience)
- Equity Derivatives/ Equity Swaps (Highly Desirable Operations experience)
Your day-to-day responsibilities will include providing expert knowledge on securities lending, managing margining collateral processes, handling Billings and Settlements, overseeing Corporate Actions and Static Data.
Our client is looking for someone who has a strong understanding of the Stock Lending Operation trade life cycle, including Collateral Management, Triparty, Corporate Actions, Cash Management and Billings procedures. You will also have the opportunity to collaborate with senior management on strategic projects. This role offers a unique blend of responsibilities that will allow you to leverage your skills while contributing to the success of a leading financial services platform.
Please note though, that this role is 5-days per week in the office, with no option to work-from-home, but does offer very reasonable working hours. The role is based on their Trading floor and supports their London based, but also global Prime Brokerage Trading teams. The division is a massively expanding global business and our client trades with and supports global Hedge Funds (unprecedented growth in the last 5-years).
The management are willing and open to sharing their extensive knowledge and are willing to pass this onto the chosen incumbent (both Senior Operations Managers, but also their global MD’s and Senior Front Office Trading Directors – everyone is approachable!).
The position requires someone with a minimum of 3-years Stock Lending Operations/ Security Lending Operations experience (i.e. Stock Lending Operations/ Security Lending Operations Trade Support & Settlements, Corporate Actions, Reconciliations, Client Services, Static Data etc), who is:
- Genuinely willing to learn all parts of the job.
- Able to multi-task.
- Give their own ideas (once you have a good grasp of the BAU day-to-day Middle Office tasks).
- Keen to learn the industry.
- Career driven.
- Looking for a very fast-paced, challenging, but rewarding work environment.
Our client will offer you:
- A genuine career path.
- A structured “on-the-job” training plan.
- Extensive learning curve and exposure to global markets, multi-asset classes such as global Cash Equities, Fixed Income, Derivatives.
- Working with some of the best Traders in London and top-tier global Hedge Funds.
- Our client is even willing to look at someone with very strong international Cash Equity & Fixed Income Settlements experience, who is willing to learn Trade Support and also other related Operational tasks.
A truly unique and good opportunity.
Salary: Between £60 k pa - £80 k pa dependent upon experience, plus discretionary annual bonus, pension, healthcare, life assurance and more.
Prime Brokerage Middle Office: Equity & Fixed Income (Repo\'s) Stock Lending & Collateral Manageme... employer: Martis Search
Contact Detail:
Martis Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Prime Brokerage Middle Office: Equity & Fixed Income (Repo\'s) Stock Lending & Collateral Manageme...
✨Tip Number 1
Familiarise yourself with the latest trends in Stock Lending and Collateral Management. Understanding the current market dynamics and technological advancements, such as AI and Robotic Process Automation, will give you an edge during discussions with potential employers.
✨Tip Number 2
Network with professionals already working in Prime Brokerage or similar roles. Attend industry events or webinars to connect with key players in the field, which could lead to valuable insights and potential referrals for the job.
✨Tip Number 3
Prepare to discuss your experience with complex processes and how you've contributed to operational improvements in previous roles. Be ready to share specific examples that demonstrate your problem-solving skills and ability to adapt to new challenges.
✨Tip Number 4
Show your enthusiasm for learning and growth within the role. Highlight your willingness to take on new responsibilities and your career aspirations during conversations with hiring managers, as they value candidates who are eager to develop their skills.
We think you need these skills to ace Prime Brokerage Middle Office: Equity & Fixed Income (Repo\'s) Stock Lending & Collateral Manageme...
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in Stock Lending Operations, Securities Lending, and Collateral Management. Use specific examples from your past roles that demonstrate your expertise in these areas.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention your understanding of the Stock Lending trade life cycle and how your skills align with the responsibilities outlined in the job description.
Showcase Your Technical Skills: Since the role involves implementing new technology initiatives, be sure to mention any experience you have with AI, Robotic Process Automation, or other relevant technologies that could enhance operational processes.
Highlight Your Collaborative Experience: The position requires collaboration with senior management and trading teams. Include examples of past projects where you worked closely with others to achieve strategic goals, showcasing your ability to contribute to a team environment.
How to prepare for a job interview at Martis Search
✨Understand the Role Inside Out
Make sure you have a solid grasp of the Prime Brokerage Middle Office functions, especially around Equity & Fixed Income operations. Familiarise yourself with Stock Lending, Repo's, and Collateral Management processes, as well as the trade life cycle.
✨Showcase Your Experience
Be prepared to discuss your previous roles in Stock Lending Operations or related fields. Highlight specific examples where you've managed margining collateral processes or handled settlements, as this will demonstrate your expertise.
✨Demonstrate Your Problem-Solving Skills
Since this is a new business line, be ready to share how you've approached complex process setups in the past. Discuss any technology initiatives or automation projects you've been involved in, as this aligns with their focus on innovation.
✨Express Your Willingness to Learn
The company values candidates who are eager to learn and grow. Be honest about your desire to expand your knowledge in areas like Corporate Actions and Static Data, and show enthusiasm for collaborating with senior management on strategic projects.