Capital Markets Middle Office Associate - Collateral Management

Daily Responsibilities:

• Compare trade position files from external counter-parties to resolve timely margin call disputes
• Perform trade decompositions to validate current mark-to-market exposures
• Review and present collateral margin calls and respond to the demands submitted by our counterparties
• Work with internal departments (various Middle Offices, Documentation, Marketers, Legal, Sales) to resolve all discrepancies
• Produce and distribute ad-hoc reporting requirements to clients and internal partners
• Cross-train future staff members to assist and independently perform daily Derivative Collateral Management margin responsibilities
• Consistently seek opportunities to improve processes, controls and procedures within the Collateral Management team
• Partner with the project team to develop requirements for system enhancements and assist with user acceptance testing
• Participate in research and resolution of issues including, profit and loss generation, profit and loss attribution and trade capture
• Identify opportunities to resolve complex confirmation and related trade issues
• Review tactical business challenges related to complex derivative products
• Receive direction from manager and exercise independent judgement while developing an understanding of procedures
• Provide information to managers and the Capital Markets Middle Office

Required Qualifications, US:

• 6+ months of Capital Markets industry experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Derivative Collateral Management margin experience
• Knowledge and understanding of loan, securities, and derivative products
• Understanding of derivative trading (Interest Rate Swaps, Swaptions, Floors, Caps, Commodities Cross-currency, FX, Equity, etc.) mechanics and payment reset schedules
• Ability to work in a fast-paced deadline driven environment
• Effective organizational, multi-tasking, and prioritizing skills
• Excellent verbal, written, and interpersonal communication skills
• Intermediate Microsoft Office skills
• Strong analytical skills with high attention to detail and accuracy
• Strong client services skills
• Understanding of Calypso, Mercury, Opics, Endur, and other mainframe trading systems
• Knowledge of and possess ability to interpret executed International Swaps and Derivatives Association Master Agreements and Credit Support Annex documents
• Experience with Vermeg's Colline Collateral Management platform
• FINRA Series 7/99

Corporate & Investment Banking delivers a comprehensive suite of capital markets, banking, and financial products and services. A trusted partner to our clients, we provide corporate and transactional banking; commercial real estate lending and servicing; investment banking; equity; foreign exchange, rates and fixed income solutions including sales, trading, and research capabilities to corporate, commercial real estate, government, and institutional clients across the globe.

This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CRF 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

Posting End Date:
3 Apr 2025
*Job posting may come down early due to volume of applicants.

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