Collateral Analyst, NCT

Job Title: Collateral Analyst

Corporate Title: NCT

Location: Bangalore, India

Role Description

Collateral management

• Collateral Managements principal function is risk mitigation, covering all currency, equity, rates and credit derivatives as well as FX, repo and commodity products traded across the world.
• The Collateral Teams primary role is to aggregate and manage the banks exposure across its entire collateralized portfolio.
• The implementation of our effective collateral management agreements with our clients has dramatically reduced the amount of credit risk associated with a transaction. Our successful collateral management program lowers the banks credit line utilization and significantly reduces regulatory capital charges, which in turn leads to greater trading capacities and higher returns on capital.
• The team is responsible for monitoring the margin calls, feeds & uploading / processing various trades feeds into the Collateral Systems to enable smooth & timely functioning of the various downstream functionalities. Pricing of securities held as collateral, performing reconciliation between various systems. Static data setup for new clients and maintenance of static data.

Securities Lending

CONTRACT COMPARE & BILLING

• Daily compare and reconciliation of Contracts with various brokers.
• Working on various Financial Products for Securities Lending
• Liaising with clients/ prime brokers for any issue with Contract Reconciliation.
• Liaising with Trading Desk and resolving Complex Reconciliation breaks.
• Reconciliation and validation of brokerage invoices.
• Ensuring high value breaks are resolved on time to avoid risk
• Reconciling breaks manually with counterparties who are not present on vendor platforms
• 4 level control check while releasing payment to avoid incorrect amount being to be paid to client.
• Reporting to senior Management on weekly basis
• Analysis of Key Risk Indicators and root cause for trade failure & Managing Financial Risk post trade settlement
• Analyzing the risk and control factors of the process of trade
• Liaising with internal stakeholder for increasing controls to avoid risk for process

Coupon Claims

• Knowledge on Income Receivables would be an added advantage.

Your key responsibilities

• Understanding and identifying gaps within the current securities settlements workflow vs expectation of the new regulation.
• Organize training for the lager team to understand the impact of the new regulation.
• Identify ways to improve the settlement efficiency.
• Look to improve the STP rate within the securities life cycle.
• Work with custodians to ensure accurate static is maintained in Alert.

Your skills and experience

• Collateral Management Experience,
• Trade life cycle management
• Knowledge on Securities lending
• Trade analysis
• Experience range: 0- 2 years