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Collateral Associate

Posted 3 hours 59 minutes ago by Robert Walters UK

Permanent

Full Time

Academic Jobs

London, United Kingdom

Job Description

Overview

A globally recognised financial institution is looking to hire a Collateral and Margin Associate. Please reach out if you have: Direct experience with both OTC derivatives and repo; Strong knowledge of initial margin and variation margin; Familiarity with ISDA and GMRA documentation.

COLLATERAL AND MARGIN ASSOCIATE

We have an exciting opportunity for an Associate Collateral and Margin professional to join a globally recognised financial institution in London. This role sits within a large, supportive Global Market Operations team that underpins the success of Financial Markets, Trade Finance, and Treasury businesses worldwide. You will be part of a collaborative environment where your expertise in collateral management and margining will directly contribute to the smooth functioning of global OTC derivatives operations. If you are looking for a position that values your analytical abilities, attention to detail and commitment to teamwork while offering the chance to work on meaningful projects with real impact, this could be the perfect next step in your career.

Location: London

What you'll do

Perform daily margining activities for counterparties across the group, ensuring all calculations and settlements are accurate and timely.
Monitor counterparty exposures closely and manage collateral movements to ensure compliance with both internal policies and external regulations.
Oversee portfolio reconciliations under various regulatory regimes such as Dodd-Frank (DF) and EMIR, maintaining up-to-date records and resolving discrepancies efficiently.
Contribute to the preparation of comprehensive daily, weekly, and monthly statistics that inform business decisions and operational improvements.
Collaborate with different business units and operational teams to identify new opportunities for process enhancement or service expansion.
Support the rollout of new regulatory requirements including Initial Margin (IM), Segregated Variation Margin (Seg VM), and MarginSphere initiatives.
Stay informed about evolving market practices within collateral management to ensure best-in-class service delivery.
Maintain robust controls over daily reconciliations by following up on exceptions promptly, escalating issues when necessary, and ensuring thorough audit trails are kept at all times.
Represent the team in project meetings, sharing insights and helping drive forward key initiatives that align with strategic objectives.

What you bring

At least 2+ years of experience working in collateral management roles with direct exposure to OTC and repo products.
A broad understanding of operational functions within financial services environments is required to navigate diverse streams effectively.
Demonstrable knowledge of financial markets products and associated risk factors is vital for making informed decisions.
Excellent analytical skills paired with clear communication abilities enable you to interpret data accurately and share findings constructively within teams.
Proficiency in Microsoft Excel, Word, Access, as well as general database systems is necessary for handling complex datasets efficiently.
Meticulous attention to detail ensures accuracy in all aspects of margining, reconciliation, and reporting tasks undertaken.
A collaborative approach makes you a valued team member who contributes positively towards shared goals.
A bachelor's degree in business administration or a related discipline provides a solid academic foundation for this role.

If you are ready for your next step in collateral management, please apply today!

Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates

About the job