Collateral Management Operations Specialist

Job Description

Job Description

NO H1S OR 3RD PARTIES.

THIS ROLE WILL BE ONSITE 3-4 DAYS PER WEEK.

Key Responsibilities:

• Process and manage margin calls, collateral movements, and substitutions across multiple entities in accordance with governing legal agreements and internal procedures, ensuring accuracy, timeliness and compliance with regulatory and control standards
• Review margin calls bookings for accuracy and completeness when authorizing the margin in internal systems and external platforms
• Review and investigate margin disputes, ensuring accurate, well-documented commentary on breaks and underlying drivers, with notes captured and maintained within the collateral system
• Regular communication with Treasury, Repo, XVA & Trading Desks, to ensure collateral posted is aligned with their optimization objectives
• Investigate and manage cash and non-cash collateral settlement fails, ensuring accurate resolutions and adherence to internal controls
• To actively participate in both the development and delivering of comprehensive solutions to support new business initiatives
• Performing and reviewing daily reconciliations that serve as key controls to our margin process and to actively assist management with the design of the Collateral Management control set.

Qualifications:

• 3-5 years of collateral management experience.
• Bachelor's degree in Finance, Business Administration or a related discipline preferred
• Strong working knowledge of bilateral and cleared OTC margin processes, including experience with Acadia Margin Manager and Triresolve
• Familiarity with collateral-management systems required, with experience using Colline is A MUST.
• Working knowledge of segregated collateral structures and processes, including initial margin exchange for UMR-in-scope counterparties and 40 Act segregation requirements for applicable funds
• Understanding of collateral related documentation, CSA, MSFTA, GMRA etc.