Intermediate Collateral Management Analyst

Tech Talent International (SI) supplies technical talent to a variety of clients ranging from Fortune 100/500/1000 companies to small and mid-sized organizations in Canada/US and Europe.

We currently have permanent role as a Intermediate Collateral Management Analyst with our large consulting client on a long term project with a major financial services client in the downtown Montreal area.

Role: Intermediate Collateral Management Analyst

Type: Fulltime Perm

Location: Hybrid - Downtown Montreal QC -(roles starts off 5 days in office for 1st 3 months then turns into hybrid setup 3 days onsite 2 days from home)

Salary: $70000 - $75000 9% bonus 3-4 weeks paid vacation RRSP contribution benefits sick/personal days

Position Overview

• Deliver day-to-day operational services to clients Banking and Investor Solutions (GBIS) business lines supporting their transformation through agile industrialized and technology-driven approaches.
• Ensure operational processing and control of activities across Capital Markets Financing and ex-Newedge business lines.
• Perform operational administrative and financial processing of capital markets and credit operations.
• Ensure control and security of transaction processing in compliance with current financial regulations and act as first level of control on operations and booking quality.
• Provide full lifecycle transaction support including Know Your Customer (KYC) processing and general client relationship management.
• Support regulatory projects and oversee external service providers.
• Reduce counterparty risk by negotiating and administering collateral annex provisions for master agreements across derivatives repo securities lending clearing and prime brokerage.
• Monitor exposure levels versus collateral balances across multiple asset classes including equities rates FX credit commodities fixed income structured and financing products.
• Instruct margin calls calculate interest and process payment/receive orders in accordance with collateral documentation.
• Book collateral movements as agreed with counterparties.
• Interact with Front Office Middle Office Back Office Risk Legal Compliance and Audit teams globally.
• Take required actions in the event of counterparty default.
• Select optimal collateral based on contract terms collateral optimization processes and defined strategies.
• Raise alerts for unusual client activity and monitor key performance indicators (KPIs).
• Attend client meetings to represent collateral activities.
• Manage collateral disputes including reconciliation of trade and MTM discrepancies investigation follow-up and coordination of remediation plans.
• Ensure all client and internal requests are addressed in a timely manner.
• Write operating procedures and relay daily issues to identify and implement process improvements.
• Champion initiatives to improve client service process efficiency controls and cost savings.
• Assist with and/or train collateral analysts in a global operating environment.

Requirements

• 15 years of experience in the financial services industry.
• Strong knowledge of Investment Banking and Capital Markets.
• Excellent analytical problem-solving organizational accounting and financial analysis skills.
• Ability to assess changing market conditions and their impact on clients.
• Strong attention to detail numeracy skills and ability to prioritize work in a dynamic deadline-driven environment.
• Ability to apply procedures and guidelines while assessing risks and opportunities.
• Proficiency with Microsoft Word Excel Outlook and PowerPoint.
• Professional and mature communication skills when interacting with clients team members and internal stakeholders.
• Collaborative working style with the ability to influence negotiate and build strong relationships across organizational boundaries.
• Bachelors degree in Finance and/or Business.
• Fluency in English and French.

Nice to have

• Strong knowledge of collateral management legal documentation including CSAs MSFTAs MRAs securities lending agreements and clearing agreements.
• Experience across derivatives repo securities lending and financing products.
• Good working knowledge of VERMEG Colline collateral management platform.