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CSA Client Service Associate - Banking - London

Job Title: CSA Client Service Associate - Banking - London
Contract Type: Permanent
Location: London
Industry:
Salary: £40000.00 per annum + bonus & benefits
Start Date: ASAP
Reference: BBBH14829_1491223884
Contact Name: Anai Patel
Contact Email: anai.patel@twentyrecruitment.com
Job Published: April 03, 2017 13:51

Job Description

An exciting opportunity has arisen for a motivated and hardworking individual to join the CSA Operations team at a leading Wholesale and Corporate Bank based in the City.

The role is mainly to support the CSA (Credit Support Annex) function for all clients that involve daily valuation of non-centrally clearing OTC trades and receiving or posting cash collateral between the Bank and clients counterparty. The team itself also supports the Front Offices through on-boarding services and static data registrations such as payment charges, waiver and indemnity applications.

Responsibilities:

  • Negotiation and preparation of collateral exchange for CSA process.
  • Preparation of CSA monthly interest statements to Counterparty and Finance.
  • Understanding of current and future regulation changes
  • On-boarding new clients, ensuring that all operational processes have been adopted.
  • Supporting the CSA operations function (valuations, negotiations, payments, confirmations)

Experience:

  • Experience within a Banking Operations role
  • Knowledge of CSA and Collateral essential
  • Ability to demonstrate process improvement and suggestions
  • Proactive, team player with excellent communication skills
  • Knowledge of Microsoft Suite
  • Basic understanding of OVS