Associate, Securities Finance

  • Location

    London

  • Sector:

    Banking, Financial Services

  • Salary:

    Competitive salary

  • Published:

    about 1 month ago

  • Expiry date:

    2020-11-10

  • Client:

    #

At a glance

GM UK aims to be the leading Capital Markets service provider to the Clients of the bank.  Securities Finance UK (SFUK) seeks to provide a professional and sustainable service offering to its clients and strong and consistent returns to the bank on designated trading books within the approved mandate and the bank’s risk management framework.  This is achieved by providing securities and cash liquidity to the bank’s internal and external clients through SFUK’s extensive access to their Financial Institutions relationships.

Your job

Securities Finance (SF) is one of the core product offerings within ALM/Treasury.  Global Markets is the heart of ABN AMRO’s Corporate & Institutional Banking (C&IB).
London is the home to the largest number of the bank’s Financial Institution clients and the global hub for the Securities Finance industry, as such SFUK plays a pivotal role in the bank’s desire to have a sustainable Securities Finance offering to their clients.  The department’s main clients are clearing banks, prime brokers, banks, pension funds, asset managers, central banks, and insurance companies. Internally GM and ABN AMRO Clearing rely heavily on services offered by SF.  Securities Finance activities are delivered through Stock Loans, Repurchase Agreements, and any other products recorded on the approved products list.

Servicing the bank’s clients’ securities finance requirements with a view to achieving the bank’s annual prudential and commercial Securities Finance goals whilst adhering to the bank’s risk limits and the department’s trading mandate.

  • Assist desk in activities relating to execution of Securities Finance transactions to fulfil the bank’s clients requirements

  • Undertake all allocated regulatory training

  • Adhere to all risk limits, procedures, and parameters set in the GM UK Trading Mandate

  • Manage designated trading book(s) to minimise risk to the bank whilst optimising the banks prudential and return & revenue opportunities. Endeavour to meet financial targets set by Management

  • Provide professional service to the bank’s internal and external clients to create sustainable value to client and bank

  • Keep up to date on any regulatory and industry developments to enable continued professional client service and high risk management standards required

  • Seek process improvements and value chain optimisation opportunities

  • Where required participation in projects and initiatives relating to SFUK business

Your working environment

ABN AMRO is a Dutch Bank offering a full range of services to retail, private, commercial and merchant banking clients. We are also active internationally in a number of specialist activities, such as Corporate and Commercial Banking, Asset Based Finance and Clearing.

The culture we aim for within the Bank is one in which we strive to strengthen our clients’ position. Our success is based on our  client’s success. We want clients to perceive us as a trusted partner, professional and ambitious - our core values.

At ABN AMRO UK we follow the Banks global strategy. We always aim to put our customers first and to create sustainable, long-term value for all our stakeholders – customers, shareholders, employees and society at large; it is our people that we rely on to help us achieve this ambition.

We concentrate on our strategic priorities:

  • Client focus

  • Invest in our future

  • Maintain a moderate risk profile

  • Selectively grow our businesses

  • Improve profitability


ABN AMRO UK is part of the Corporate Banking business line and operates the following businesses in the UK:

  • Corporate and Institutional Banking – which includes  Corporate Banking, Clearing Global Markets - Sales & Trading, Escrow & Settlement, and Financial Institutions 

  • Commercial Banking which includes Asset Based Finance and International Desk, which provides transactional banking services

Our business lines are supported by a number of functions such as Risk, Compliance, Legal, IT, Finance (Including Tax), Business Management and Human Resources. We currently employ approx. 380 individuals in the UK.

Your profile
  • University education or professional qualification

  • Certification required (as part of SMR & Certification Regime)

  • Knowledge and understanding of IT

  • Financial insight and affinity with related products

  • Experience within front office environment or part of a capital markets product value chain

  • Knowledge of Securities Finance industry and/or products an advantage

  • Ability to communicate clearly and openly within a professional environment

  • Competencies to include: Customer Orientation, Performance Orientation, Risk Consciousness, Stress Resistance, Networking and Cost Consciousness

What we offer

Opportunity to work in a dynamic environment, where flexibility is highly appreciated. We encourage you to grow and develop as a person and as an employee.

We have identified that the following types of flexible working may be suitable for this role. Any requests will be determined in line with our Flexible Working Policy:

Type of Flexible Working         Likely to be Suitable

Job Sharing                                Yes

Part Time                                    Yes

Remote Working                         Yes

Flexitime                                      Yes

Unpaid Leave                              Yes

Staggered Hours                         Yes

Other                                           Yes

 

Equal opportunities for all

The success of our organisation depends on the quality of our people and the ideas that they have. Truly surprising insights and innovative solutions for our clients result from an interplay of cultures, knowledge and experience. Diversity is therefore extremely important to our organisation. To ensure that everyone at ABN AMRO can develop their talents, we encourage an inclusive culture in which all colleagues feel engaged and appreciated.