Principle Lending Associate

5 - 7 years

4 - 7 Lacs

Posted:1 month ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

  • Role

    : Associate Principal Lending (Billing Operations)
  • Department

    : Principal Lending (part of MFS Securities Lending function)
  • Location

    : Chennai
  • Reports to

    : Assistant Manager, Principal Lending Operations

Position Purpose

  • Handle

    back-office billing operations

    for Principal Lending.
  • Ensure process productivity, risk management, and governance.
  • Drive

    strategic projects

    with global stakeholders.

Responsibilities

1. Operations

  • Billing & contract compare processes (settlements, payments, clearing breaks).
  • Root cause analysis of contract/accounting breaks.
  • Standardize processes across teams.
  • Update procedures/skill matrix; reduce operational dependencies.

2. Risk Management

  • Monitor SLAs, trade breaks, pending fees.
  • Manage collateral non-cover reports for high-value clients.
  • Handle audits and regulatory compliance.
  • Implement risk reduction and automation strategies.

3. Budget & Governance

  • Conduct calls with Paris/global heads and local teams.
  • Business continuity planning.
  • Manage departmental budgets.

4. Recruitment & People

  • Hire, train, mentor, appraise, and build succession plans.
  • Encourage diversity, staff mobility, and performance development.

Qualifications

  • Education

    : Graduate (Commerce/MBA Finance preferred).
  • Experience

    : Minimum

    5 years in capital market operations

    , ideally with securities lending/custodian operations.

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