Collateral Management, AVP

Role Description

• 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 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.

Your key responsibilities

Working in a team performing the following functions:

• Uploading trades into the Collateral System.
• Monitoring of feeds from various source systems.
• Reporting breaks to the senior management in terms of missing MTM, large swings in the MTM as compared to previous day & likes.
• Escalation to IT, BAC (Business Area Control), Support teams to ensure timely resolution of discrepancies encountered.
• Security pricing to ensure correct collateral valuation.
• Performing reconciliation between various books of accounts, reporting and investigation of breaks.
• Agreement/Static data setups in Collateral Systems on the basis of executed ISDA, CSA documents.
• Data maintenance tasks.
• Adherence to TAT is of utmost importance.
• Handling of various projects initiated by Deutsche Bank & maintaining a progress charter for the same.
• Internal clients including, Margin Managers, Project Stakeholders, Valuations, IT & BAC.

Your skills and experience

• Team Player.
• Strong communication skills.
• Fluency in Microsoft Office
• Should be open to working in shifts.
• Ability to understand the working of Derivative Products & related concepts.
• Analytical and problem solving skills essential.
• Good with numbers & logical reasoning.
• 0 1 years of operations experience, preferably in collateral management or Derivative Ops or Risk management or Security Operations