Securities Lending Middle Office Analyst

SUMMARY

Support the Securities Lending Middle Office section in reporting, reconciliation, accounting, database and project management in a manner that aligns with the Sumitomo Mitsui Trust Group’s “Our Standards of Conduct” as well as all SMTBUSA Policies.

Comply with the following Securities Lending Desk Philosophy:

Since we function in an industry whose challenges 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 holistic in nature as opposed to short-term, compartmentalized and fragmented in order to successfully serve our Customers.  In order to support this philosophy, SLD members contribute to the Bank’s Continuous Improvement Program (CIP) by reviewing and suggesting improvements to existing workflows, procedures, and processes in LAVA, MO-Better and other SLD related systems. Routine knowledge sharing and cross-training of these workflows, procedures, and processes further augment the stability and quality of daily operations.

JOB FUNCTIONS/DUTIES AND RESPONSIBILITIES

1. Assist with customer and management reports.
2. Assist with end-of-day reporting.
3. Assist with accounting reconciliation.
4. Assist with the calculation and reconciliation of receivable/payable balances.
5. Assist with the verification and reconciliation of customer fee statements.
6. Interact with Front Office, Trade Support, and other teams within the bank in resolving daily operational issues.
7. Interact with IT and PPM as it relates to project management and project development support.
8. Assist in identifying accounting and control enhancements that can contribute to the quality and stability of daily operations.
9. Assist with audit, compliance, and regulatory reporting efforts related to Securities Lending activity.
10. Cross-train in all Middle Office functions and perform all work as assigned by management.

11. Provide high quality work by ensuring accuracy and completing daily tasks in a timely and efficient manner.

     

REQUIREMENTS

1.       Strong analytical/problem solving skills.

2.       Strong PC skills. MS Excel, MS Access a plus.

3.       Strong oral and written communication skills.

4.       Bachelor’s degree either in business, finance, accounting, or mathematics preferred.

Why you should join :
We embrace flexible ways of working when business and role permits. We provide employees with a hybrid working model, allowing for in-office work and work from home. Our diverse and inclusive environment along with our global presence enables us to collaborate and communicate to meet our business needs. We believe that efficient teams need truth, loyalty, and a strong sense of purpose to balance risk and their targets. We believe that each person brings a unique value that drives the business through their creativity and passion.

The Employee Benefits package includes: Paid Time Off, medical, HSA, vision, dental, FSA, 401(k), profit sharing, legal plan, cancer indemnity plan, disability insurance, life insurance, employee assistance program, commuter benefits, business travel accident, paid volunteer day, paid memberships, paid seminars, and tuition assistance.
We offer many socialization opportunities for wellness, financial wellbeing, runs/walks, team building, and activities to support the Sustainable Developmental Goals.
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. The Bank provides reasonable accommodation for employees and applicants with disabilities consistent with applicable law. If you need reasonable accommodation during the application, please contact us.