Senior Collateral Management Specialist
3 weeks ago
Critical Role in Collateral Management
The Collateral Management Specialist will play a crucial part in ensuring the smooth operation of our collateral processes. This involves daily monitoring and reconciliation of client, counterparty, fund admin, and prime broker data. Additionally, the specialist will investigate pending trade settlements, cash, and position breaks, and trade discrepancies. Effective communication with external sources, including clients, is essential for resolving breaks. The specialist will also provide hands-on support to team members in query resolution and assist the manager in meeting SLA, ad-hoc processes, and UAT. Training new joiners and managing the team are key responsibilities of this role.
Requirements
- MBA (finance) with 4-6 years of experience in collateral and reconciliation processes.
- Knowledge of CDS, IRS, EQ Swaps, OTC Options, and FX Options product life cycle.
- Experience with OMGEO, DTCC, MTM, and market trade processing applications like Imagine and Ezecastle.
- Hands-on experience with MS Excel and ability to write macros.
- Experience in settlement wire processing.
- Excellent written and verbal communication skills.
Desirable Skills
- Experience in reconciliation of exchange trade product cash and position reconciliation.
- Experience in client onboarding.
- Initiated or participated in process automation.
- Prepared process documents.
- Experience in preparing MIS.
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