FINANCIAL SERVICES RECRUITMENT

LONDON | NEW YORK

JOB SUMMARY

Collateral Margin Analyst

My client, a large Investment Bank in London, is looking for a Margin Analyst to join their Core Margin team. The team sits in wider Collateral, Margin and Valuation (CMVS) Services within the Investment Bank Middle Office, responsible for mitigating the risk of the Investment Bank by issuing and receiving Margin Calls across a wide variety of asset classes.

JOB TEXT

SUMMARY

My client, a large Investment Bank in London, is looking for a Margin Analyst to join their Core Margin team.

The team sits in wider Collateral, Margin and Valuation (CMVS) Services within the Investment Bank Middle Office, responsible for mitigating the risk of the Investment Bank by issuing and receiving Margin Calls across a wide variety of asset classes. It's a client facing group that also interacts with a variety of internal teams including but not limited to Legal, Credit, Trade Support and Settlements.

The team requires a close working relationship with Credit Risk, Collateral Optimisation Desk, Counterparty Risk Trading and Treasury. This is to ensure that CMS are managing risk, optimising collateral inventory, minimising the impact on derivative trading prices and RWA costs to the business. The regulatory rules on Margin for Uncleared Derivatives has increased the focus and importance for a robust and rigorous collateral and margin process and the market as a whole.

RESPONSIBILITIES

  • Ensuring client's margin calculations are performed daily, to reduce the risk, satisfy client's requirements, and comply with Margin for Uncleared Derivative regulatory rules.
  • Familiarity with legal documentation including ISDA CSA.
  • Ensuring controls and break management related tasks are performed to the highest standards to mitigate further operational and reputational risk.
  • Ensuring all client queries are dealt with in a timely and professional manner.
  • Manage the margin trading book, ensuring that assets are rehypothecated, and all collateral shorts are covered to maximise collateral optimisation.
  • Support various non standard client specific requests, which are critical for future business growth.
  • Core Margin deals with "Diamond, Platinum and Gold" clients, and need to ensure all client queries are dealt with in a timely and professional manner.
  • Working within a control focused environment, with processes that are performed at the highest level, minimising any operational risk and closing key breaks in a timely manner.
  • Building and maintaining solid internal and external relationships to aide with fluency of process.
  • Show ability for streamlining process flows and solid problem solving skills, while providing flexibility for change management when necessary.
  • Liaising with Risk, Credit and Relationship management teams to ensure client margin accuracy
  • Building and maintaining solid internal and external relationships to aide with process maintenance and improvement.
  • Supporting both EMEA and Global strategic initiatives

SKILLS AND EXPERIENCE

  • Basic knowledge of collateral, cash & derivatives trading products.
  • Candidate should be able to show ability for streamlining process flows
  • Excellent verbal and written communication skills
  • Bachelor's degree. Finance, Accounting, Economics or Mathematics preferred.
  • Self-starter with the ability to work on their own initiative as well as being a solid team player
  • Candidate should feel comfortable working in a fast paced environment
  • Due to potential regulatory and reputational risks, candidate should feel comfortable escalating concerns and fails in a timely manner.
A DIFFERENT APPROACH TO HUMAN CAPITAL MANAGEMENT
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  • Negotiable
  • London, England, United Kingdom
  • Permanent, Full time
  • Charles Levick
  • 2018-10-15