Front Office Trading Services, VP - EFC (Agency Lending) - State Street Markets
Core
Provide day-to-day support for Client Management and Sales & Trading teams within the Execution, Financing, and Clearing business, specifically focusing on Agency Lending lifecycle management and operational integrity.
Role type
Senior IC front-office trading services specialist (Agency Lending)
Builds
Operational support for securities lending transactions, rate break resolution, and collateral management for institutional clients.
Domain
Capital Markets / Securities Lending
Required skills
Securities lending lifecycle management, trade discrepancy resolution, settlement exception handling, contract alignment, collateral optimization, regulatory compliance, stakeholder management, process improvement, risk control monitoring, data reconciliation
Preferred skills
Client-facing experience, financial services industry background, system learning agility, multi-priority management
Technologies
Industry platforms, tri-party account systems, reporting tools
Responsibilities
Partner with Agency Lending Trading desks to support the lifecycle management of securities lending transactions; Manage daily front-office support activities including rate break resolution, contract comparison, loan amendments, and trade cancellations; Review, investigate, and resolve trade discrepancies, settlement issues, and collateral exceptions; Serve as a primary escalation point for operations on Agency Lending trade support matters; Monitor and manage loan activity approaching key market events and corporate actions; Oversee loan recalls, return activity, and inventory-related adjustments; Manage front-office contract alignment processes by reviewing and resolving loan fee and rebate discrepancies; Support broker onboarding and borrower account maintenance; Perform control and oversight activities related to dividend processing and loan inventory management; Investigate and resolve settlement and collateral-related inquiries; Produce, review, and maintain business-critical reports and reconciliations; Participate in regular business governance forums and client service initiatives; Act as a subject matter expert for Agency Lending processes; Partner with Trading, Risk, Technology, and Operations on collateral optimization and workflow improvements; Identify opportunities to improve automation and streamline end-to-end securities lending processes; Build and maintain strong working relationships with trading desks, operations teams, clients, and counterparties; Adhere to all business controls, policies, and regulatory requirements.
Seniority
Senior, hands-on IC
