Capital Markets Middle Office Analyst

Capital Markets Middle Office Analyst - Collateral Management

The Derivative Collateral Management department supports the collateralization of the derivative, repurchase agreement (repo), forward, TBA Agency MBS and foreign exchange (FX). This group is located in Charlotte and supports nearly 30,000 clients across all businesses product lines, and multiple legal entities. WF DCM actions approximately 700 margin calls daily and responsible for the settlement and front to back management of the collateral for those clients.

Daily Responsibilities:

• Compare trade position files from external counter-parties to resolve timely margin call disputes
• Perform trade decompositions to validate current mark-to-market exposures
• Review and present collateral margin calls and respond the demands submitted by our counterparties
• Work with internal departments (various Middle Offices, Documentation, Marketers, Legal) to resolve all discrepancies
• Produce and distribute ad-hoc reporting requirements to clients
• Cross-train future staff members to assist and independently perform daily Derivative Collateral Management margin responsibilities
• Consistently seek opportunities to improve processes, controls and procedures within the Collateral Management team
• Partner with the project team to develop requirements for system enhancements and assist with user acceptance testing

Team members support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.

Desired Qualifications

• 1 year of capital markets industry or similar experience
• Ability to work in a fast-paced deadline driven environment
• Effective organizational, multi-tasking, and prioritizing skills
• Excellent verbal, written, and interpersonal communication skills
• Extensive knowledge and understanding of loan, securities, and derivative products
• Intermediate Microsoft Office skills (Macros, V-Lookups, etc)
• Strong analytical skills with high attention to detail and accuracy

Other Desired Qualifications

• Strong client services skills
• College degree with concentration in finance and business
• Understanding of Calypso, Imagine, Opics, Endur, and other mainframe trading systems
• Firm understanding of derivative trading (Interest Rate Swaps, Swaptions, Floors, Caps, Commodities Cross-currency, FX, Equity, etc.) mechanics and payment reset schedules
• Knowledge of and possess ability to interpret executed International Swaps and Derivatives Association Master Agreements (ISDA) and Credit Support Annex (CSA), MSFTA and GMRA documents
• Self-starter and aggressive work ethic with self-discipline follow up skills
• Experience with Lombard Risk’s Colline Collateral Management platform is a plus
• Tableau and SQL
• FINRA Series 7 licensed