Collateral Analyst II - Banking - NYC

New York Permanent USD100,000 - USD120,000 per year Hybrid working
  • observe and report on collateral levels through data analysis
  • competitive compensation in world class investment bank

About Our Client

Congressionally-chartered, nationwide Federal Home Loan Bank System to provide a flexible liquidity source for member community lenders engaged in home mortgage and neighborhood lending.

Job Description

  • Accurate and efficient processing of security loans, repayments and collateralWork closely with the Repo trading desk to project collateral position intraday ensuring appropriate collateral for triparty allocationsSet-up agreement terms regarding collateral in credit systems for ongoing compliance monitoringManage requests for intraday transactions and approve if collateral position and/or covenant compliance is adequateManage requests for intraday transactions and approve if collateral position adequateReconcile and report on internal and external data (custodian, collateral vendors, service's reporting)Monitor collateral daily and identify non-compliant scenariosAnalyst within Collateral Management will primarily be focused on the mitigation of counter party credit risk through performance of a number of operational processesPledge and release of collateral at DTC, ensuring settlement activities occur as expectedRun advanced data analysis in Excel, SQL, Python, etc to create detailed reports of collateral positions and standings on a daily, monthly, quarterly, and annual basis

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

The Successful Applicant

Undergraduate degree in finance, accounting, or business.

3-5 years relevant experience, preferably banking

Proactive - forward thinking individual. Ability to pick-up concepts, learn quickly and run with things

Understanding and experience of business controls and processes in banking

Ability to understand business drivers and working knowledge of financial products and services. Understanding of the banking industry, and market drivers

Good experience of process and project management skills (preferable, not mandatory)

Ability to execute against tight deadlines and remain agile to evolving requirements

Knowledge of SQL, Excel, Python for advnaced data analysis

What's on Offer

Very competitive salary in an international investment bank

exposure to internal processes within the regulaotry, liquidity, and treasury function

long term career advancement would be AVP of Collateral Management in other banksIf you are interested in this position please apply or contact Brandon Egervari at MichaelPage: 212-771-6051

Brandon Egervari
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Job summary

Banking & Financial Services
Sub Sector
Quantitative Analysis
Financial Services
New York
Contract Type
Consultant name
Brandon Egervari
Job Reference
Job Nature
Hybrid working