Finance Administrator

Client Margin Administrator

Chester/Hybrid

6 months contract

Salary from £31,000pa, dependant on experience, plus benefits (as below)

Pontoon is an employment consultancy, we put expertise, energy, and enthusiasm into improving everyone’s chance of being part of the workplace.We respect and appreciate people of all ethnicities, generations, religious beliefs, sexual orientations, gender identifies, and more. We do this by showcasing their talents, skills, and unique experience in an inclusive environment that helps them thrive.

My client is on the world’s leading financial institutions united in their purpose to help make financial lives better through the power of every connection. They are dedicated to helping teammates be their best at work and at home. It starts with having a diverse, inclusive workplace where employees are valued for their individual strengths and perspectives.They firmly believe all employees should be treated with respect, live free of discrimination and be able to bring their whole selves to work. This is core to who they are as a company and how they drive responsible growth.

An excellent opportunity for a Client Margin Administrator to join the Collateral/Margin Operations unit. Their main function is to mitigate exposure to counterparty risk on OTC derivative trades. You will join the team monitoring daily margin for customers across various products (Rates, Commodity, Structured Credit, Equity, and Foreign Exchange). You will be working Monday to Friday, 9am to 5pm, 3 days a week, 2 days working from home, however you will be expected to be fully office based whilst undergoing training and on occasion on request.

Deliveries and Responsibilities:

The Collateral Unit interacts with a variety of different groups within the bank:

• Office/Middle office Operations – stores copies of all confirmations of each transaction and can verify market values and rate for individual trades.
• Treasury/Global Securities Operations – determines collateral allocation and delivery of securities.
• Transfer – send/receives cash collateral.
• – trade and market derivatives with Financial Institutions and Corporate Customers.
• – monitors credit exposure on derivatives.
• Markets Documentation – negotiates the collateral agreements.

Due to the amount of interaction with their counterparts and other groups, excellent communication skills are necessary. An open flow of communication, specifically relating to new issues or problems, is necessary between team members.

Aside from daily position monitoring and counterparty contact, you will be required to investigate mark discrepancies, maintain current procedure manuals and look for methods of improving efficiency. Additional responsibility will arise as projects are mastered and time permits.

Required Skills

Previous experience working in Investment Operations, Banking Operations, Banking environment is essential.

• communication skills.
• Office including Outlook and Excel skills.
• to meet deadlines, handle high pressure situations, and juggle multiple tasks.
• oriented - specifically the ability to recognize unusual flows/triggers for collateral in agreements and new trade structures.

You will be an integral part of Ajilon (Adecco), a FTSE500 Global organisation with over 52 clients and sole supplier to the biggest organisations in the country and the world. You will be employed by ourselves as an Ajilon Consultant working onsite with our client where you will receive a regular salary, pension contributions, holiday and sick pay, plus a number of additional benefits such as medical insurance, income protection, critical illness and life insurance, access to our discounted benefits website and library of online training materials and future career and certification opportunities.

Please apply with an up-to-date CV which must show evidence of the above to be considered. Please be advised if you haven't heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you.