Collateral Management Consultant

Job Title

BizTek People is in search for an experienced Collateral Management Consultant (Contract) for our client in NYC!

Job Description

BizTek People is in search for an experienced Collateral Management Consultant (Contract) for our client in NYC! Benefits: Healthcare, dental, vision, 401k. Start Date: ASAP Duration: 6–12 months Location: Metro Park, NJ Schedule: Hybrid (5 days on-site per 10 business days; additional in-office time may be required during training) Job Overview The Collateral Management Consultant will support daily collateral operations, ensure accuracy of margin processes, and coordinate directly with counterparties and custodians. This role requires strong attention to detail, knowledge of collateral requirements, and the ability to manage time-sensitive financial transactions. Key Responsibilities Review system-generated collateral calls for accuracy before issuing margin calls Communicate directly with counterparties to confirm proper collateral exchange Post margin requirements across triparty and third-party custody platforms and monitor settlement Prepare release authorizations for third-party custodians Investigate, document, and escalate disputes or discrepancies Settle month-end collateral margin interest with counterparties Perform reconciliations between custodians, counterparties, and internal systems Support additional tasks as assigned Required Experience & Skills 2+ years of collateral management experience Experience with Acadiasoft Margin Manager and Agreement Manager Background working with MSFTA, MRA, and CSA margin exchange Familiarity with '40 Act margining Strong analytical, communication, and reconciliation skills Education Bachelor's degree, preferably in a business-related field (Finance, Economics, etc.)