Global Securities Lending Oversight Director

1686 SSGA Trust Company; Boston (MA); On-site; USD 110,000 - 189,000; Full time

Benefits offered by this job

401K with company match

Insurance: medical, dental, vision, LT

Paid time off

Employee Assistance Program

Incentive compensation

Tax-advantaged savings plans

Job summary

State Street is seeking a Global Securities Lending Oversight Lead to own and advance an established oversight framework for our securities lending programs. You will provide independent challenge, risk insight, and governance across the program while collaborating with Frontline Risk Management, Legal, Compliance, and Investment Management.

You will interact regularly with senior management, Boards of Directors, Independent Trustees, and external partners, driving issues to resolution and

Qualifications

• 10+ years of relevant experience in securities lending, securities finance, investment risk, or related financial services.
• Strong knowledge of securities lending mechanics, program structures, market practices, and associated risks.
• Experience in governance, oversight within securities lending or investment management.
• Knowledge of global securities lending regulatory requirements and fund structures.
• Ability to assess risk, exercise independent judgment, and drive remediation.
• Excellent executive communication and presentation skills with senior stakeholders.

Responsibilities

• Lead the global oversight of securities lending activities with independent judgment and effective challenge across the program.
• Oversee agent lenders and evaluate structure, performance, and risk of managed lending programs.
• Continuously enhance the oversight framework to reflect evolving market practices and regulatory requirements.
• Identify emerging risks and control weaknesses; drive issues to remediation.
• Provide perspectives and recommendations to senior leadership on performance, risk, governance and controls.
• Present program performance and regulatory developments to Boards and Independent Trustees.
• Research and benchmark global securities lending programs and market practices.
• Monitor regulatory developments and assess impacts on programs and fund structures.
• Partner with Legal, Compliance, Operations, Investment Management, Funds Management, and Risk on complex matters.
• Respond to regulatory and audit inquiries and maintain oversight documentation.
• Lead, develop, and mentor a team responsible for global securities lending oversight.

Skills

Securities lending expertise

Executive communication

Independent judgment

Leadership

Risk management

Governance

Regulatory knowledge

Education

Undergraduate degree

MBA or CFA or equivalent

Job description

State Street is seeking a Global Securities Lending Oversight Lead to own and advance an established oversight framework for our securities lending programs. You will provide independent challenge, risk insight, and governance across the program while collaborating with Frontline Risk Management, Legal, Compliance, and Investment Management.

You will interact regularly with senior management, Boards of Directors, Independent Trustees, and external partners, driving issues to resolution and