Collateral Management

Hays are currently recruiting for a Collateral Margining Analyst for a contract at a recognised bank in London.

Responsibilities will include;

• Oversee the management of margin calls and ensure all margin movements are captured i
• Ensure data has fed from in-house systems to external vendors and controls utilised /exception management remediation is actioned.
• Ensure all payments/ receipts are actioned within the agreed deadlines.
• Ensure all Triparty movement instructions have been released to our relevant custodians, and matched and covered where applicable.
• All disputes are reconciled and reported to relevant departments for remediation and action.
• Ensure 'cleared' margin movements reflected in internal systems and reconciled on a daily basis.
• Monitor any custodian systems to ensure security activity has matched for settlement and ensure position for settlement.
• Follow up on and escalate any cash margin and security fails.

To be considered for this role you will need to have the following experience;

• Experience within Operations and knowledge of operational functions.
• Experience with daily functions around OTC collateral
• Solid understanding of OTC Derivative products.
• Sound knowledge of regulatory framework affecting collateral i.e. EMIR uncleared margin rules and experience with Triparty initial margin process.
• Dispute management, escalation & resolution experience. Knowledge of relevant stakeholders concerned with the dispute process.
• Detailed knowledge of CSA agreements.

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