Employer Active
Job Alert
You will be updated with latest job alerts via emailJob Alert
You will be updated with latest job alerts via emailNot Disclosed
Salary Not Disclosed
1 Vacancy
Job Summary:
Our client is seeking a seasoned Securities Borrowing and Lending (SBL) expert to advise on the strategic development and launch of our SBL product. The ideal candidate will have extensive experience in SBL product development regulatory compliance and operational management in both regional and global contexts.
Professional Background & Experience:
10 years of experience in securities services specifically in SBL
Background in global custodians prime brokerage units securities finance divisions or major regional banks with developed SBL offerings
Proven experience launching or enhancing SBL programs at reputable institutions
Strong understanding of SBL product structures collateral management and counterparty risk mitigation
Technical Expertise:
Deep knowledge of regulatory frameworks for SBL in the GCC region (KSAs CMA regulations) and international best practices (ISLA standards)
Familiarity with operational and settlement mechanisms including CSDs and securities lending platforms
Understanding of SBL product structures collateral management practices and counterparty risk mitigation
Market Knowledge:
Insight into local regional and global demand dynamics for SBL
Strong awareness of institutional investor behaviors hedge fund practices and brokerage firms usage of SBL
Extensive network among institutional investors hedge funds prime brokers custodians and regulators
Key Responsibilities:
1. Advise on strategic development and launch plans for SBL products
2. Design product frameworks operational models and collateral management processes
3. Guide on regulatory licensing compliance and interactions with regulators
4. Define technology infrastructure requirements
5. Provide market intelligence and benchmark analysis
6. Train internal teams on SBL operations risks compliance and best practices
Skills & Qualifications:
Technical Skills:
Deep expertise in securities finance collateral management systems and trading platforms
Familiarity with ISDA GMRA GMSLA and similar contractual frameworks
Proficiency in risk management and compliance frameworks specific to SBL
Soft Skills:
Strong stakeholder engagement and communication skills
Ability to present complex financial concepts clearly
Demonstrated leadership capabilities
Preferred Previous Employers:
Global Custodians/Prime Brokers: State Street JPMorgan Chase Citi HSBC Northern Trust BNY Mellon
Regional Leaders: Saudi National Bank Capital (SNBC) Riyad Capital HSBC Saudi Arabia First Abu Dhabi Bank (FAB)
Securities Lending Platforms and Associations: EquiLend International Securities Lending Association (ISLA)
Full Time