Role details

Derivative Margin Analyst

New York   •  Permanent

Bullet points

  • Tier 1 Investment Bank
  • Derivative Margin Group

About Our Client

Tier 1 Investment Bank

Job Description

  • Manage and execute daily margin process from calculation of to the execution of margin call, follow-up with counterparties and coordination with settlements as necessary.
  • Work closely with Front & Middle Office, Product Control, Sales, Trading, Ops and Clients to resolve disputes on margin calls to understand what is causing the dispute along with taking the appropriate action to fix the dispute.
  • Manage trade cycle including settlements and various life cycle transactions
  • Manage collateral process including tracking of existing collateral held and instruction of new collateral pledged or received
  • Reconcile and transact daily margin movements with various counterparties and custodian banks
  • Management of outstanding trade and reconciliation breaks
  • Assist in new account on-boarding with both internal and external business partners and clients
  • Provide reporting of collateral and exposures
  • Monitor and implement changes in regulatory and market practices.
  • Perform reporting and risk mitigation processes to meet regulatory requirements
  • Ensure suitable procedures and controls for all processes
  • Communicate with various parties such as counterparties and custodians to follow-up on collateral related matters
  • Conduct analysis that will help identify opportunities to more efficiently and effectively manage margin processes.

The Successful Applicant

  • Knowledge of capital markets and fixed income products is a plus.
  • Advanced Excel and computer skills
  • Excellent organizational skills and inbox management
  • Meticulous and deadline oriented
  • Excellent problem solving and analytical skills with the ability to multi-task
  • Ability to learn quickly in a fast paced environment and manage responsibilities efficiently in time pressures situations
  • Must have excellent interpersonal skills, including strong verbal and written communications skill and the ability to effectively convey information and message
  • Customer oriented (internal and external) with a commitment to quality

What's on Offer

Competitive Base Salary + Bonus + Benefits

Apply for this job

Click the Apply or LinkedIn button below or contact Ian Jump quoting job reference 1200265
As you are using an Apple iOS device we are unable to offer you the CV upload function. Please apply with your Linkedin profile below or contact Ian Jump quoting job reference 1200265