RFB Collateral and Securities Settlement

  • GBP40000 - GBP50000 per annum + Bonus
  • London, England, United Kingdom London England GB
  • Permanent, Full time
  • Lloyds Banking Group
  • 23 Apr 18 2018-04-23

RFB Collateral and Securities Settlement

At Lloyds Banking Group (LBG), we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities.

This team forms part of Markets Operations and has c150 colleagues based in both Edinburgh and London. The function provides a vital support service across multiple group business units within Commercial Banking Markets: Financial Institutions, Global Corporates, MM, SME and Group Corporate Treasury.

The function is accountable for the safe movement of £620bn of stock and cash on a daily basis and accountable for the confirmation and settlement of Markets products including Derivatives, Money Market, Foreign Exchange, Bonds & Gilts, the management of CLS Control Branch, administration of LBG's collateral management.

Within this role you'll manage high quality, accurate and timely settlement of all Bond and repo trades, ensuing they are processed as per established procedures and within market deadlines. Providing specialist support to CB Markets, financial Institutions, Global Corporates and Group Corporate Treasury you'll be responsible for monitoring and resolving all unmatched instructions via Euroclear/ Clearstream/Federal Reserve/DTCC markets and other depository/custodian systems on a daily basis.

You'll be responsible for ensuring the Bank's Depositories cash accounts are funded accordingly to ensure liquidity, working alongside the Money Flow team to advise on Group Funding on a daily basis. You'll monitor trade Blotters to ensure all trade exceptions are processed in a timely manner and correct SSI's are applied and static set up, performing Front to Back Office system reconciliations and resolution of any issues on a daily basis.

We will need you to have significant experience within a similar role and be able to identify potential risk s and highlight these to the management team. You'll also be expected to be knowledgeable of the business you support and display behaviours in line with Lloyds values and behaviours.

As a new colleague of Lloyds Banking Group, you'll receive an excellent remuneration and benefits package, enjoy a and inclusive culture where all colleagues feel welcomed and valued.

So if you have the skills and experience we are seeking we welcome your application.