Department Description
LCH Ltd (LCH) is a leading, independent clearing house, serving major international exchanges and platforms, as well as a range of OTC markets. It clears a broad range of asset classes including equities, exchange-traded derivatives, foreign exchange derivatives, interest rate swaps, and Euro and Sterling bond and repo markets. The firm’s employees serve members and clients worldwide including many of the major financial groups consisting of almost all of the major investment banks and broker dealers.
Within the wider LCH Operations function, Collateral Operations provides collateral and investment services to internal and external customers and stakeholders across all asset classes. The department spans three time zones with teams in Manila, Sydney, London and New York. The first priority of our Collateral Operations team is to provide excellent day-to-day services. However working in Collateral Operations involves much more than providing daily processing services. The team works on a variety of projects in which we engage a range of other teams, such as IT and product development, to create real solutions for our members and clients.
LCH is strengthening its Collateral & Treasury Operations function by adding dedicated expertise in asset servicing, tax operations, and complex cash and securities handling. This role is critical to ensuring the accuracy, resilience, and tax compliance of the collateral and investment flows that underpin our clearing services.
We are looking for an experienced professional who understands how securities move, how entitlements behave and how tax regimes affect collateral and settlement outcomes across global markets. If you can translate asset-servicing and tax complexities into clean, controlled operational processes, we want you.
The Role
As an Asset Servicing and Tax Operations Specialist, you will play a key role in supporting LCH's collateral, settlement, and cash management activities. You will bring subject-matter expertise across withholding tax, corporate actions, and cross-border securities movements to enhance completeness, accuracy, and compliance of our operational workflows.
You'll partner with colleagues in Treasury (CaLM - Collateral and Liquidity Management), Risk, Legal, Static Data, and our network of global custodians to ensure our collateral and settlement processes are aligned with regulatory requirements and industry best practice.
This is an opportunity to shape how LCH manages its global securities as we expand our collateral connectivity.
Key Responsibilities
Asset Servicing & Tax Operations
Collateral & Securities Settlement
Cash, Liquidity & Reconciliations
Governance, Controls & Change
Member & Client Engagement
What we're looking for
Career Stage:
Senior Associate
London Stock Exchange Group (LSEG) Information:
Join us and be part of a team that values innovation, quality, and continuous improvement. If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you.
LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.
Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.
Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce.
We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.
You will be part of a collaborative and creative culture where we encourage new ideas. We are committed to sustainability across our global business and we are proud to partner with our customers to help them meet their sustainability objectives. Our charity, the LSEG Foundation provides charitable grants to community groups that help people access economic opportunities and build a secure future with financial independence. Colleagues can get involved through fundraising and volunteering.
LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.
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