OTC and Repo Collateral Management Associate (Investment Banking)

TL;DR

OTC and Repo Collateral Management Associate (Investment Banking): Managing counterparty credit risk through active monitoring of derivative and securities financing portfolios with an accent on collateral calls and margin calculations. Focus on optimizing collateral, resolving client disputes, and ensuring regulatory compliance across multiple jurisdictions.

Location: London, United Kingdom

Company

A leading global investment banking, securities and investment management firm founded in 1869.

What you will do

• Monitor client portfolios daily, issuing and receiving collateral calls to mitigate the firm's credit risk.
• Partner with professionals from Credit Risk Management, Legal, Compliance, Sales, Trading, and other Operations departments.
• Interact extensively with clients to resolve disputes, queries, and manage new client on-boarding.
• Execute margin calculations, NPV control validations, and SIMM calculations.
• Perform monthly interest and coupon settlements and reconcile portfolios for collateral optimization.
• Identify operational inefficiencies and propose strategic improvements to management.

Requirements

• 2-3 years of experience in collateral or margin management.
• Proficiency in Excel, including VBA and vlookup.
• Proven experience interacting with external clients and coordinating with cross-functional internal teams.
• Ability to identify and propose solutions to complex operational problems.
• Demonstrated ability to adapt to rapid changes in market conditions.

Culture & Benefits

• Commitment to fostering and advancing diversity and inclusion in the workplace.
• Access to extensive training and professional development opportunities.
• Comprehensive benefits, wellness, and personal finance offerings.
• Access to firmwide networks and mindfulness programs.
• Support for candidates with special needs or disabilities during the recruiting process.