About the role
AI summarisedThis role is for a Collaterals Management Analyst at the Assistant Manager to AVP level within Markets Operations at a bank. The position involves managing collateral processes, ensuring timely margin calls, and supporting trade operations.
BusinessFull-timeGeneral
Key Responsibilities
- Manage daily collateral management processes including margin calls, collateral substitutions, and disputes.
- Ensure timely and accurate settlement of margin calls across various product types.
- Monitor and reconcile collateral positions with counterparties and internal systems.
- Support the implementation of new collateral management systems and process improvements.
- Prepare and present collateral reports to senior management and stakeholders.
- Liaise with internal teams such as trading, credit, and legal to resolve collateral issues.
- Ensure compliance with regulatory requirements and internal policies related to collateral management.
- Participate in projects related to collateral optimization and risk mitigation.
Requirements
- Bachelor's degree in Finance, Economics, Business, or a related field.
- Minimum 3-5 years of experience in collateral management or related operations within financial services.
- Strong understanding of derivatives products and margin methodologies.
- Proficiency in Microsoft Excel and experience with collateral management systems.
- Excellent analytical and problem-solving skills.
- Strong communication and interpersonal skills.
- Ability to work under pressure and meet tight deadlines.
- Knowledge of regulatory frameworks such as EMIR, Dodd-Frank, and Basel III.
- Experience with ISDA/CSA agreements is preferred.
- Prior experience in a similar role at a global bank is an advantage.