Senior Associate - Margining - Collateral Management

The process requires comparison of exposures with the value of the assets pledged, in accordance with the parameters specified in the legal agreement. Changes in exposure will generate changes in collateral balance. The collateral teams will call for or post additional collateral. This daily margin call process ensures that the Bank is covered in terms of excessive credit risk exposure.

Responsibilities

Shift: APAC / NY Shift

• Performing Portfolio Reconciliation and Dispute investigation based on EMIR Regulation
• Should be well versed in systems like Trioptima and Acadia
• Performing daily margin call process front to back for specified clients.
• Margin Call issuance and chasing clients for unanswered margin calls.
• Investigating on disputed calls and liaising with client, MO and legal on various aspects of disputed margin calls.
• Chasing clients on failed/missed payments.
• Investigating with settlements team on all bonds that have not settled in the market.
• Working on Substitution requests sent by clients/traders.
• Booking interest for all monthly clients.
• Investigating on Interest discrepancies.
• Perform and respond to control report to ensure effective break, fails and exception management.
• Presenting findings to the managements during meetings.
• Creating and maintaining KPIs and also perform quality checks.

• Point of escalation for client queries, trade breaks and fails resolution.
• Work closely with other managers in Collateral Operations to perform effective capacity management.
• Working on developing and implements new controls / processes based on Business/ Risk / Industry evolution to better support the risk management needs of BNPP.

• Strong Communication skills required for an effective liaison with counterparties and internal stakeholders to the reconciliation process. (Middle offices, marketers, traders, credit, compliance and legal)
• Knowledge of derivative products (Credit, Interest Rate, FX , Equities)
• Strong knowledge of Trade Life Cycle.
• Experience in Portfolio Reconciliation Operations, Collateral Management Operations or another Middle Office Operation functions within Investment Banking is favorable.
• Basic Excel skills required.
• Experience of ISDA /GMRA documentation.

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Attention to detail / rigor

Organizational skills

Personal Impact / Ability to influence

Critical thinking

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Analytical Ability

Ability to develop and leverage networks

Ability to develop others improve their skills

Ability to manage / facilitate a meeting, seminar, committee, training

Education Level:

Bachelor Degree or equivalent

Experience Level

Beginner

Other/Specific Qualifications