Job Title: Executive Director
Location: New York, NY
Duration: 12 Months
 
JOB PURPOSE 
Reporting to the Executive Director / Head of Product Development, Prime Services Group, the Contractor will work with the Global Prime Services team as well as Securities Lending, Operations, Technology, Finance, Credit, Risk and other business and infrastructure partners to implement a Global Securities Lending platform.
 
KEY ACCOUNTABILITIES

• Partner with and provide front office leadership to infrastructure groups involved in initiatives sponsored by PSG
• Subject matter expertise in Securities Lending, Collateral & Inventory Management and a strong working knowledge of Cash Prime Brokerage (multiple asset classes) and Synthetic Prime Brokerage
• Solid understanding of Capital Markets, Broker/Dealer Operations, Finance, Risk, Technology and how these infrastructure components are important to PSG
• Apply experience and best practices to solve problems and deliver solutions in support of the near and long term objectives of the Securities Lending business within PSG
• Deliver business functional architecture, identify integration points with infrastructure groups and systems and define requirements for key components of the Securities Lending platform
• Document business requirements prioritize and manage deliverables
• Communicate business objectives to stakeholders, vendors and infrastructure groups
• Lead cross-functional teams to deliver specific work packages and coordinate and conduct user acceptance testing to insure deliverable meet business expectations

 
CROSS-FUNCTIONAL RELATIONSHIPS
This job requires extensive collaboration with colleagues in Securities Lending, PSG as well as infrastructure and technology groups in Canada, the United States and the UK.
 
KNOWLEDGE AND SKILLS

• Bachelor’s Degree
• 10+ years progressive industry experience with demonstrated subject matter expertise in Securities Lending trading, middle and back office process and best priactices, Capital Markets
• Experience in the end-to-end design, development, and integration of capital markets software applications at large financial institutions
• Experience with Global One / Loanet or similar securities finance applications
• Thorough knowledge of brokerage operations and experience with Broadridge BPS
• Familiarity with US and/or Canadian and/or European regulations governing Securities Lending and Prime Services products
• Experience leading in-house or outsourced development initiatives
• Proficiency in Excel and SQL
• Strong verbal and written communication skills
• Strong multitasking and time management skills
• Work well in a team environment

 
WORKING CONDITIONS

• Open concept trading floor environment with exposure to noise and distractions (the entire team is in the office 5 days/week)
• Often required to work beyond normal business hours
• Required to make frequent decisions in a fast paced work environment
• Occasional to frequent travel may be required

 
  
 
At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws. This position’s starting pay is: $ 85.00/hr.