Collateral Management-Team Lead

Who we are looking for: This dynamic role which requires good understanding of equities, fixed income, Securities Lending and borrowing business, collateral management. The business requires constant interaction with multiple stakeholders namely Trading Desk, Borrowers, Internal teams Why this role is important to us The team you will be joining is a part of State Street Markets. As a leading provider of trading and lending solutions to the world’s institutional investors, we deliver the industry’s most innovative platforms, financing and portfolio solutions. Our capabilities are backed by proprietary, high-value research, insights and indicators that power clients’ investment decisions, accelerate performance and help investors stay ahead of shifting markets. Across our comprehensive set of solutions – data-driven macro market intelligence that give an information advantage; client-first platforms and tools that redefine trading; financing solutions that streamline liquidity access; and portfolio solutions designed to help achieve peak performance – we deliver a breakthrough edge to drive business success. As one of the largest and most experienced securities financing providers in the industry, we provide investors with market-leading expertise, technology and scale to accelerate decision-making and enhance performance. With a focus on innovative financing solutions, we’ve expanded our services to support a range of agency lending, repo and prime services, helping investors access new pools of liquidity and providing competitive overnight and term cash investment financing. Join us if making your mark in the capital markets industry from day one is a challenge you are up for. What you will be responsible for: As Collateral Management-Team Lead you will: Returns booking and exception monitoring the settlement of market loan and return transactions, as well as, ensuring that collateral is appropriately managed daily.  This also includes the following: Return and email management Collateral Management Repricing Cash and Non-Cash specific processing Performs several or all the following duties based on assigned desk (domestic, international) and/or product(s): Processes high volume of international loans, Recall returns, Equilend & Non-Equilend Broker Returns daily adhering to established procedures and controls; monitors and resolves pending and failing aged Returns. Interacts with traders, client management, fund group(s) and counterparts regarding discrepancies if any Executes instructions to receive or deliver securities from counterparties. Confirms end of day re-pricing and money movements with counterparts. Reviews contract compare records, DDA’s to validate positions with each counterparty. Assists business area with inquiries pertaining to transactional activity; coordinates response with traders, corporate actions staff and other internal teams. Ensure timely resolution of counterparty issues including pricing problems, quantities of loans and borrows, etc. while keeping management informed of any potential issues. Identifies and analyzes operations risks related to current and potential business and recommends procedural changes/improvements as needed What we value: These skills will help you succeed in this role: Strong knowledge of Agency/Principle Security lending business, Capital markets and Equities Strong communication, interpersonal, organizational, and time management skills Deadline and detail oriented Demonstrated computer proficiency, including advanced knowledge of MS Excel, as well as problem solving and analytical skills Should be flexible to work in US (6:30 PM - 3:30 AM IST) shift NA Shift Timing: 6.00 pm – 3.00 pm IST Work Location: Bangalore Education & Preferred Qualifications: University degree in Business majoring in Accounting, Finance, or other Financial-related programs Overall experience of 7+ years in Agency Lending, Stock Loan, Trade Settlements, Mark to Market and