Manager - Securities Based Lending

Guide a dynamic Securities Based Lending team, dedicated to providing excellence in loan servicing and credit transactions.

Job Summary

As a Manager of the Securities Based Lending team in Wealth Management Operations, you will guide operations to handle a high volume of lower risk credit transactions. Your role will be crucial in enhancing the client experience by facilitating swift credit approvals and expediting delivery of loan documentation. You will also play a key role in the underwriting process through the evaluation of collateral holdings.

Job responsibilities

• Lead a team of  Lenders and Analysts dedicated to the seamless delivery of the Securities Based Lending products to Wealth Management
• Provide the highest level of service to our internal partners and clients while adhering to credit quality standards 
• Maintain a consistently high level of awareness around any potential credit issues and to resolve exceptions. These exceptions include effectively managing under margin situations, past review facilities, past due principal/interest and documentation exceptions
• Partner with Global and Domestic SBL leadership to provide appropriate oversight of credit and operational risk

Required qualifications, capabilities, and skills

• Bachelor degree required.
• Candidates should have a minimum of 5 years of private banking/asset management, and mastery level credit/lending experience 
• Proven ability to effectively communicate with senior managers and sales personnel
• Ability to effectively document and implement new and updated processes
• Strong understanding of financial markets and securities industry 
• Exercise stringent judgment to ensure business is conducted in compliance with all applicable government regulations, corporate policies and operations risk management
• Possess strong skills in Excel, Word, Visio, Outlook and PowerPoint.

Preferred qualifications, capabilities, and skills

• Previous management experience preferred