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Collateral Analyst - Asset Management - London

Job Title: Collateral Analyst - Asset Management - London
Contract Type: Permanent
Location: London
Industry:
Salary: £45000.00 - £55000.00 per annum
Reference: BBBH14892_1491580632
Contact Name: Tom Baker
Contact Email: tom.baker@twentyrecruitment.com
Job Published: April 07, 2017 16:57

Job Description

Twenty Financial Services are currently working with one of the UK's leading Institutional Investment Managers who are looking to bring in a Collateral Analyst due to growth of the team.

Job Duties

  • Mitigate exposure risk through the daily collateral margin process across OTC bilateral, OTC Cleared, Repo and ETD.
  • Actively manage margin calls with counterparts and either formally agree or dispute in line with agreement timescales and the internal procedure.
  • Book cash and stock collateral movements within Lombard Colline ensuring instructions are issued to the market in time to meet settlement deadlines.
  • Management of settlement fails for both cash and stock collateral movements by communicating with counterparts to achieve settlement in a timely manner.
  • Agree interest payments on cash positions with counterparts ensuring these are posted within Colline and internal accounting systems to ensure timely settlement.
  • Review TriResolve Trade and Collateral breaks
  • Challenge existing processes and look to make improvements to deliver efficiency savings and strengthen the control framework.
  • Ensure any changes/improvement to processes are recorded in the team procedures.


Skills Required
Essential

  • Strong understanding of:
  • Key Collateral operational processes e.g. settlements/reconciliation/margin workflow
  • OTC Derivatives / Repo products
  • Legal, Credit and Operational risks associated with Collateral
  • Proactive approach to work with a focus on improving processes and key controls


Desirable

  • 2:1 Degree or equivalent.
  • Previous use of Lombard Colline