Associate

Title- Associate ( Securities Lending - Operations - Analyst)

Location- Salt Lake City UT, 84111

Duration- 6 months

Responsibilities will include :

• Developing and maintaining strong relationships with all stakeholders - Business, Engineering, Operations and Credit. Actively engage, partner and drive changes, provide excellent service and support.
• Delivering transactions in agreed time-frames, as per SLA's whilst improving quality of processing, reducing errors and inculcating the zero error culture.
• Proactively managing operational risk inherent in business.
• Ensuring all operational risk / issues are identified and mitigated appropriately and proactively.
• Ensuring adequate operational controls to manage non generic business
• Monitoring and booking recall requests on GS' borrows from different Lenders
• Monitoring and booking returns on GS' loans to external Counterparts
• Monitoring and booking / amending returns on open borrows based on counter-party feedback
• Monitoring and booking returns which get cancelled due to issues with GS / Vendor systems
• Informing the trading desk daily on all borrows which have been recalled but not returned
• Query resolution and interaction with trading desk and Lenders on recall / return requests
• Agreeing to deliver / receive margin based on Stock borrow / loan settlement and mark-to-market activity
• Investigating and resolving discrepancies of positions (cash and securities) in the firm's books and records.
• Completing and overseeing daily checklist ensuring all controls, procedures and processes relating to the assigned functions are followed
• To act as a change agent solving problems at root cause whilst also taking / making opportunities to automate flows

Skills

Education