Margin and Collateral Associate I

6 - 10 years

0 Lacs

Posted:2 days ago| Platform: Shine logo

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On-site

Job Type

Full Time

Job Description

As an Associate in Collateral Operations at Derivative Operations, your role involves managing Portfolio Reconciliation, Margin call management, and ensuring Regulatory adherence for upcoming regulations. You will also be responsible for supervising MTM breaks, improving controls in the process, and managing any new analysis requirements across multiple stakeholders. Your key responsibilities will include: - Manage Portfolio Reconciliation and Collateral Dispute. - Manage daily Margin Exchange - Same day Settlement and Exception management. - Perform supervisory controls around Collateral exposure. - Supervise MTM breaks including data quality and strategic projects. Partner with Middle Offices, Credit risk, VCG, etc. - Focus on deep dive and fixing on upstream issues to keep the breaks to minimum. - Play a key role in regulatory compliance CFTC, EMIR, NCMR, etc. - Improve controls in the process & ensure 100% accuracy and compliance to Regulatory rules. - Manage any new analysis requirements across multiple stakeholders. Provide regular update to senior management on BAU, projects, etc. - Supervise UAT testing. - Manage strategic automation projects. Qualifications and Skills required for this role: - CA/ MBA with at least 6 years / Graduate or Post-Graduate with at least 8 years experience in operations. - Familiarity with a global bank's process & operational environment including management and external reporting is a must. - Strong business knowledge i.e. Investment Banking, including OTC product, process and system knowledge. - Ability to think and act strategically: Deal with day-to-day issues as well as planning and executing projects / initiatives, ensuring the team's activities support Operations in attaining its strategic goals, excellent attention to detail, and an ability to know when a deep-dive approach is appropriate. - Ability to drive results through a "hands-on" approach. - Skilled in identifying talent, recruiting, coaching, mentoring, and developing team members. - Ability to manage a team of high achievers with diverse experience and skill sets. Successful in team environments with matrix reporting structures. - Excellent verbal and written communication skills, and adapt at communicating with all levels of the business and technical parts of the organization. - Skilled in MS office applications including Outlook, PowerPoint, Excel, Word, Access and Project. - Can operate effectively in a dynamic environment with tight deadlines, and can prioritize one's own and teams work to achieve them. - Flexibility to work global hours and willing to travel globally, if needed. Preferred qualifications, capabilities and skills: - Knowledge on CFTC, EMIR, NCMR regulations preferable. - Experience on OTC Confirmations, Collateral Management and Reconciliation platforms will be an advantage.,

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