Job Description

We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited). We are a fully owned subsidiary of the M&G plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. The company has rapidly transformed itself into a powerhouse of capability that is playing an important role in M&G plc\'s ambition to be the best loved and most successful savings and investments company in the world. Our diversified service offerings extending from Digital Services (Digital Engineering, AI, Advanced Analytics, RPA, and BI & Insights), Business Transformation, Management Consulting & Strategy, Finance, Actuarial, Quants, Research, Information Technology, Customer Service, Risk & Compliance and Audit provide our people with exciting career growth opportunities. Securities Lending Administrator Work within a small busy team ensuring all securities lending loans are collateralised on a daily basis as well as managing settlement of the reinvestment portfolio, providing a high level of customer service to the Securities Lending Desk. The role will include liaison with other teams within Investment Operations, the Front Office, Counterparties and Custodians, around failing repo trades and collateral shortfalls. A high degree of organisation skills and numeracy is required as well as being a self-starter. Management of tight deadlines and attention to detail is critical. Teamwork and customer service standards are a key part of this role. Knowledge And Experience A good understanding of Securities Lending and the International Securities markets. An understanding of market collateral procedures. Understanding of the workings of the Tri-party banks. An understanding of cash market procedures. Ability to work to tight deadlines and under pressure. Good understanding of spreadsheets and mathematical ability. Good negotiation / communication skills Knowledge of Equilend Spire would be a favourable skill. Key Responsibilities/Deliverables To ensure that all securities lending transactions are fully collateralised. To ensure that limits set by risk are not breached. Responsible for all aspects of collateral control. Ensure satisfactory collateral reporting from tri-party agent banks. Ensure accurate pricing of collateral. Responsible for the settlement of cash trades. Ensure receipt and disbursements of cash resulting from repo trades and reinvestment of funds. Monitor all cash activity with HSBC, Money market funds and Euroclear. Ensure accurate recording of all cash trade To ensure that all securities lending cash transactions are settled and accounted for We live by four behaviours at M&G Global Services and we ask all our employees to: Inspire Others - Support and encourage each other, creating an environment where everyone can contribute and succeed Embrace Change - Be open to change, willing to be challenged and able to adapt quickly and imaginatively to new ideas Deliver Results - Focus on outcomes, set high standards and deliver with energy and determination Keep it Simple - Cut through complexity and bureaucracy, be clear and decisive and never overcomplicate things

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