Role details

AVP - Collateral Management/Margin

Manhattan   •  Permanent

Bullet points

  • Global Investment Bank - New York City
  • AVP - Collateral Management

About Our Client

This role is with a large global investment bank located in Midtown Manhattan. The AVP of the Collateral Management Operations groups is responsible for collateral management operations based on ISDA, Credit Support Annex (CSA).

Job Description

  • Perform all processes related to margin call, portfolio reconciliation and margin settlement with counterparty in accordance with the margin regulations for non-centrally cleared derivatives
  • Additionally support/execute OG's day to day operation, such as back office functionality for derivatives, bond, FX and money market products
  • Communicate with colleague in OG and Head Office to share, proceed and complete routine tasks
  • Make, control and maintain OG's policies and procedures based on the business and ensure they are in compliance with regulatory requirements, industry standards and branch and head office requirements
  • Responsible for archiving, retention, and record keeping of documents/files
  • Other special projects such as UAT for new application/system and other duties as assigned by management.
  • Due to time difference between global offices, this position is to collaborate with global Head Office to assume processing from them for any remaining margin call, margin negotiation and settlement for the day with counterparties.
  • Must have good understanding of the operational procedures for both collateral and margin management and market products.

The Successful Applicant

  • Over 5 years experiences in Collateral Management Operations
  • Knowledge for regulatory VM and IM, and the skill for negotiating and disputing delivery margin amount
  • Experience with Tri-Resolve, Swift and Microsoft Office
  • Possess good understanding of settlements for cash and bonds (wire transfer and bonds settlement through custodian)
  • Experience in processing FX and Money Market products will be helpful
  • Excellent technical skill / MS Office: Word, Excel, PowerPoint, Access, Visio and others

What's on Offer

Competitive Compensation + Bonus + Benefits

Apply for this job

Click the Apply or LinkedIn button below or contact Ian Jump quoting job reference 1210336
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