216249 Business Analyst (Collateral Analyst) Chicago, IL
216249 Business Analyst (Collateral Analyst) Chicago, IL
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1 Vacancy
Job Description
POSITION: Business Analyst (Collateral Analyst)
FULLTIME/PARTTIME: Full Time
LOCATION: Chicago IL
SCHEDULE: Mon- Fri 8am- 5pm (onsite training and will change to Hybrid after training finished)
ASSIGNMENT: 09/12/2025 to 12/31/2025 (temp to hire)
PAY RANGE: $40.36 hourly paid weekly.
(Exact compensation may vary based on skills experience and location. Base pay information is based on market location.)
About the Role:
We are seeking a highly motivated and detail-oriented Collateral Operations Analyst to join our Global F&O & OTC Funding & Optimization team. This team plays a critical role in collateralizing the firms liabilities efficiently while ensuring compliance with regulatory requirements. You will be responsible for supporting day-to-day funding processes optimizing collateral usage and partnering with trading treasury and settlement teams across global regions.
Key Responsibilities:
Manage daily collateral optimization ensuring both pre- and post-margin call assets are efficiently utilized.
Support rehypothecation of assets to maximize collateral efficiency and reduce unused assets.
Collaborate with internal trading desks treasury and settlement teams to source collateral and ensure timely settlement.
Monitor and ensure all client margin calls are appropriately covered daily.
Investigate and resolve discrepancies in margin calls escalating issues to Credit/Risk Management as needed.
Book and request FX transactions for clients and manage collateral bookings and releases.
Respond to client inquiries and coordinate with front/middle office teams to facilitate resolution.
Partner with global peers to maintain consistent operational processes and controls.
Identify opportunities for process improvements to increase efficiency and reduce operational risk.
Required Skills & Experience:
Experience in financial markets with strong understanding of collateral operations.
Previous experience in cleared collateral security operations or middle office operations is highly beneficial.
Strong controls background with experience implementing and maintaining key business controls.
Excellent verbal and written communication skills; confident interacting with senior stakeholders (Sales Trading Product Control Credit Legal).
Analytical and strong problem-solving abilities with meticulous attention to detail.
Ability to prioritize responsibilities meet deadlines and deliver high-quality output.
Collaborative adaptable and client-focused with excellent organizational skills.
Preferred Skills:
Familiarity with trade lifecycle management for F&O and OTC derivatives.
Experience using Excel (advanced) SWIFT Murex Calypso or other treasury/operations platforms.
Knowledge of risk mitigation strategies and operational best practices in financial services.
Education Requirements:
Undergraduate degree in Finance Business Economics or related field or equivalent professional experience.
WORKING CONDITIONS:
- May on occasion be exposed to loud sounds and distracting noise levels such as from office equipment.
- The ability to lift up to 30lbs
- Use of computers and technology
Here at Canon Recruiting People are our priority and we are committed to Include Diversity in every segment of who we are. It is only through our Diversity we are made a stronger organization and increase our ability to provide top tier candidates that our clients have come to know Canon for. We have an inclusive environment all employees are celebrated for their unique differences. The different perspectives and experiences of our workforce give us the competitive advantage that is essential for success in an ever-changing market. By promoting inclusion with the same enthusiasm we devote to quality and competency and using the experience from a diverse assortment of backgrounds and experiences Canon is able to improve the services and value we deliver to clients employees and customers. At Canon Diversification and Inclusiveness are much more than a corporate ambition; they are a critical component in our daily corporate life. Canon Recruiting is committed to a diverse and inclusive workplace. Canon Recruiting is an equal opportunity employer and does not discriminate on the basis of race national origin gender gender identity sexual orientation protected veteran status disability age or other legally protected status. The pay range for this position is listed above. Base pay information is based on market location. We will consider for employment qualified applicants with arrest and conviction records. Our range of benefits may include health care and 401(k) savings plans. For individuals with disabilities who would like to request an accommodation please email
Required Experience:
IC
Employment Type
Full Time
