Securities Lending Global Oversight Manager, Vice President - State Street Global Advisors
Boston, MA, United States
The Securities Lending Oversight Manager is a key leader in the Securities Lending Group at SSGA. In this role, you will leverage your leadership skills, knowledge of governance practices, and a deep expertise in securities lending to design, organize and execute an oversight program for governance of our securities lending programs. You will manage the relationships with the agent lenders, various boards of directors, and work with leaders around SSGA to respond to regulatory, risk, and control matters.
You will be responsible for managing a team that maintains risk controls, develops reporting, and assures compliance with various securities lending regulatory regimes globally. This is a First Line function, requiring diligence not only in anticipating and identifying issues, but also implementing solutions. You will strive to improve controls of the program, and document procedures and best practices, for governance of all lending programs globally.
You will be a representative of the Securities Lending Group and build relationships with Second Line functions throughout SSGA, Boards of Directors, and external Trustees based on your diligence, integrity, and trust.
This role is part of a team that designs, manages, and commercializes SSGA's securities lending programs to meet client needs. You will report to the Director of Securities Lending at SSGA, and lead the oversight efforts, while contributing to build and maintain the securities lending program at one of the world's leading asset managers.
Key Responsibilities include:
Manage an overseas team of two professionals focused on the monitoring and reporting on our securities lending programs
Oversee lending agents in the execution of SSGA managed lending programs
Present regularly to Boards of Directors on program performance and risks
Manage relationships with internal and external governing bodies
Work cross organizationally with key internal parties including legal, compliance, operations, portfolio management and funds management
Problem solve complex issues that arise within the securities lending programs and manage the process through resolution
Respond to regulatory and audit inquiries
Design and manage the governance process
Identify weaknesses in our current processes and ideate solutions
Respond to regulatory and internal audit requests
Take ownership of control environment
Develop and maintain business controls
Collaborate on product and business development projects
Contribute to development of more junior employees and firmwide culture initiatives
Qualifications:
10+ years of securities lending and business controls experience
knowledge of securities lending global regulatory regimes and global fund structures
Excellent presentation skills; experience with Fund Boards is important
Demonstrated leadership managing a team remotely
Solutions oriented mindset
Comfort delivering under deadlines
High degree of integrity and willingness to speak up and challenge the status quo
Undergraduate degree required, MBA/CFA preferred
Skills
Excellent communication and presentation skills (written and verbal)
Team management
Project management
Collaboration
Data analysis and root cause analysis
Time management
Microsoft Office Software
Salary Range:
$100,000 - $167,500 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
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