Margin Operations Collateral Management Analyst, Financial Markets
- Newark, NJ, USA
- Permanent, Full time
- Standard Chartered Bank
- 11 Jan 17
Please view Job Description for details.
Support the margin operation for US based clients, reporting to the US Head, Margin Operations
Key Roles and Responsibilities
* Ensure all margining procedures locally are executed within local policy and exceptions and issues resolved or escalated.* Ensure policies and procedures are current, relevant and maintained as per company or industry standards.* Key internal stakeholders are satisfied and provide positive feedback.* Assist when needed with training and provide ideas and suggestions to help achieve deal execution.* Ensure that good and positive relationships are maintained with counterparties and associated industry bodies.* Assisting newcomers with training around collateral management using tailored training material and presentations.* Identify and raise any concerns to relevant stakeholders.* Escalate all Non policy issues to the right reporting chain.* Ensure tasks are carried out within policies and procedures avoiding costs due to delays, compensation claims and operational losses.* Escalation to Operational Risk and Credit Risk teams as appropriate and in accordance with defined procedures.
Qualifications and Skills
Required:* Knowledge of Derivatives Markets and/or related products and/or broad general experience of Financial Markets* Knowledge and understanding of Collateral Management, the importance of the function and its life-cycle* Importance of credit and limits, to have an understanding of the consequences if key tasks are not completed* Excellent written and verbal communication skills* Knowledge of operational processes, operational risks and controls* Pays attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills* Proven ability to support identification of operational risks and to suggest control enhancements* Excellent communication skills to clearly articulate issues and ideas Operations supervisors and management* Sound time management skills to be able to effectively prioritize and multi-task* Proven track record of improving processes and demonstrating successful teamwork* Inquisitive and able to learn quickly * Ability to work well under pressure and meet tight deadlines* High level of PC literacy with a strong understanding of Microsoft ProductsDesired:* Algorithmics, Murex CMS or other collateral system* AcadiaSoft* TriOptima TriResolve* SWIFT, SSIs* Tri-Party* Stock Loan and Repo* Knowledge of regulations relating to non-cleared derivatives
How To Apply
You can search and view current opportunities across our organisation and apply immediately by visiting www.standardchartered.com and selecting Careers. To help speed up your application, please note the following:
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It usually takes 15 - 20 minutes to complete the application form; you can save your application at any time and return to complete it at your convenience.
The closing date for applications is 05/01/2017. Please note all closing dates are given in Hong Kong time (GMT + 8 hours). We aim to respond to successful applicants within four weeks and will keep a record or your application in our database so that we can contact you when suitable vacancies arise in future.
Diversity and Inclusion
Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.
Equal Opportunity Employer
Standard Chartered is an equal opportunity employer. We have a meritocratic culture where each individual employee is valued and respected for who they are as a person and for what they bring to the organisation.