SUMMARY
Support of the Securities Lending Middle Office section in Database Management, Regulatory Reporting, Accounting and Audit/Compliance efforts in a manner that aligns with the Sumitomo Mitsui Trust Group’s “Our Standards of Conduct” as well as all SMTBUSA Policies. Serves as back-up to the Database Management Manager.Responsible for project management and project management support. Comply with the following Securities Lending Desk Philosophy:
Since we function in an industry whose challenge are increasingly integrated across the trade life cycle, we need to adapt our mindset to this changing landscape and formulate strategies and goals that are sustainable, comprehensive and wholistic in nature as opposed to short-term, compartmentalized and fragmented in order to successfully serve our customers.
JOB FUNCTIONS/DUTIES AND RESPONSIBILITIES
- Responsible for all FIS\Global One Database Management functions.
- Responsible for all internal and external components related to regulatory and compliance related issues (CSDR, SFTR, ALD, SRDII, SEC 10c-1a) and Counterparty (know-your-customer) reporting.
- Responsible for interacting with Securities Lending Front Office and Trade Support as well as Custody, Regulatory Compliance, Legal, IT and related departments to address any problems or concerns.
- Responsible for reviewing and updating all SLMO Database Management procedures.
- Responsible for Dev and UAT testing in Global One.
- Serves as back-up to the Database Management Manager
- Prepare/review/report general ledger entries and balances.Assist in Financial Administration accounting, reconciliation, including f\x and fee payments.
- Addresses any issues raised in the Internal Audit Reports and Third-Party Audit Reviews (i.e. SOC1).
- Responsible for managing regulatory related MoBetter Database Management functions.
- Responsible for settlement related functionality in DTCC that is related to Loanet and Global One for counterparties.
- Cross-train on all Middle Office customer and management reporting functions,
- Performs all duties and responsibilities and projects as assigned by management.
- Provides high quality work by ensuring accuracy and seeking to continuously improve our processes and platforms by embracing new and better ways of doing things.
REQUIREMENTS
1.At least five years related operations experience in securities lending: database management, counterparty onboarding, settlement instructions and regulatory reporting\reconciliation.
2.Strong knowledge of FIS\Global One Lending System including counterparty, fund and agency lending disclosure modules.
3.Strong analytical/problem solving skills.
4.Strong PC skills. MS Excel and MS Access a plus.
5.Strong oral and written communication skills.
6.Bachelor’s degree either in business, finance, accounting, or mathematics preferred.
