Margin and Collateral Associate
Margin and Collateral Associate
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
Derivative Operationsprovides operational support across CIB covering key product areas including FX OTC Derivatives Principal Collateral 3rd Party Derivatives Cleared Derivatives Agency Collateral Billing and CASS.
Job Description
As an Associate in Collateral Operations you will be responsible for Margin calls Settlements Nostro reconciliation adherence for all controls and regulations cross LOBs metrics and projects and building the culture of continuous improvement supporting business across Back Office Middle offices as well as Global teams.You will be interacting with multiple Operations & Technology teams within the organization to (re)design process.
Job Responsibilities
- Responsible for same day settlement/exception management of Margin Calls.
- Investigation of Nostro on VD1.
- Supervisory controls around collateral exposure management.
- Supervise MTM breaks including data quality and strategic projects.
- Continuous Focus on deep dive and fixing on upstream issues to keep the breaks to minimum.
- Resolve breaks with CSRs.
- UAT testing.
- Improve controls in the process & ensure 100 accuracy and compliance to Regulatory rules.
- Manage any new analysis requirements across multiple stakeholders.
- Provide regular update to senior management on BAU projects etc.
- Manage strategic automation projects.
Required qualifications capabilities and skills
- CA/ MBA with 6 years / Graduate or PostGraduate with 8 years experience in operations.
- Experience on CollateralManagement and Derivative Settlements.
- Familiarity with a Capital Markets & OTC Derivatives i.e. Investment Banking including OTC product process and system knowledge.
- Ability to drive results through a handson approach.
- Excellent verbal and written communication skills and adept at communicating with all levels of the business and technical parts of the organization.
- Skilled in MS office applications including Outlook PowerPoint Excel Word Access and Project.
- Can operate effectively in a dynamic environment with tight deadlines and can prioritize ones own and teams work to achieve them.
- Flexibility to work global hours and willing to travel globally if needed.
Required Experience:
IC
Employment Type
Full-Time
