Who we are looking for
We are looking for a candidate with experience in Collateral Management to join our team in Ireland, the candidate must exhibit a strong understanding of Collateral Management Operations specific to Bilateral OTC, Repo and two way Reg Initial Margin Calls issuance and dispute resolution.
Why this role is important to us
The Collateral Management team you will be joining is a part of Global Delivery (GD) Alpha Operations which is a fast growing business across the globe. We are a leading provider of Collateral Services to a wide range of clients and operationally support from three different regions, NA, EMEA and APAC.
What you will be responsible for
Margin call processing - Process daily margin calls daily for all agreed clients, who will include banks and fund clients and both cash and security margin calls.
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Reconcile collateral balances, investigate and solve discrepancies; be the main point of contact/ escalations
Serve as a single point of contact providing inquiry and operational support to our internal and external clients.
Reporting - Generate a variety of reports, which includes client and internal
Interest Processing - Month end interest statement generation, settling interest, updating interest agreements, and updating and validating interest rates.
Onboarding and set up for new business and existing.
Works independently and with the team to establish firm and well-tested controls and procedures
Implements and supports client-specific service requirements; understands the client's operational process and enhances the service accordingly
Supports the review and validation of collateral data as needed; anticipates and resolves impactful events to the client
Validates and reviews all daily activity while maintaining all required controls
Interprets client needs and works to meet those needs offering assistance and advice on standard practical issues and non-standard tasks or queries
What we value
Knowledge of OTC markets/ derivatives instruments
Familiarity with Hedge Fund products, structures and financial instruments
Experience in finance and custody
Proficient knowledge of MS Excel and Outlook; Power Point and Word will be an advantage
Proficient knowledge of MS Access and VBA
Effective communication
Numeracy skills; attention to details
Accuracy and ability to work with tight deadlines
Risk excellence mindset
Ability to collaborate and teamwork; organizational skills; supervising group of specialist if need be
Self-motivated and reliant, flexible
Education & Preferred Qualifications
Bachelor's degree is required
Relevant years of work experience with direct experience in Collateral Management
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