At a Glance
- Tasks: Manage daily collateral activities and oversee outsourced operations.
- Company: Join a dynamic team focused on innovative financial solutions.
- Benefits: Enjoy 28 days of leave, pension plans, and comprehensive insurance options.
- Why this job: Be part of impactful change initiatives in a collaborative environment.
- Qualifications: Experience in banking or asset management with knowledge of derivatives is essential.
- Other info: Opportunity to work with cutting-edge collateral management tools.
The predicted salary is between 43200 - 72000 £ per year.
We have a great opportunity for a Derivatives Operations Analyst responsible for daily collateral management activities as well as oversight of outsourced collateral management activities. You will collaborate with PIC’s Investments and Finance teams to secure their buy-in and implement improvements to systems, processes, and technology, as appropriate.
Responsibilities
- Daily collateral management together with oversight of outsourced collateral management activities including reconciliation and resolving of failed settlements.
- Work with counterparties and reference CSAs and valuation sources to assist in the resolution of collateral disputes.
- Oversee that posted collateral portfolio is consistently optimal and initiate substitutions in the event it is sub-optimal.
- Involvement in change initiatives; specifically, around design and documentation of new collateral processes.
- Provide support to PIC’s Investment Team (Markets Solutions) dealing desk, managing post-trade activities as well as change requests to support new business requirements.
- Perform daily liquidity management processes, ensuring accurate and timely information is available for Portfolio Managers.
- Effectively collaborate with the team, outsourced service providers and the Investment, Finance and Origination teams.
Technical Requirements
- Good technical knowledge of derivatives, collateral management and optimisation.
- Experience using collateral management tools such as Tri Optima, Deco & Apex.
- Experience with the Aladdin platform, ideally.
- Familiar with derivatives regulation, including EMIR, SFTR and Solvency II.
- Familiar with derivatives documentation, including ISDAs, CSAs, CDEAs, GMSLAs, GMRAs.
Personal Requirements
- Experience of delivering change and projects.
- Strong organisational and communication skills.
- Ability to persuade and influence both directly and indirectly.
- Ability to organise work to meet deadlines.
- Commercial judgement.
- Proactive approach to risk management.
Benefits
- 28 days’ annual leave plus bank holidays.
- Pension.
- Insurance for Travel, Private Medical, Critical Illness, Life Assurance and Income Protection.
- Save As You Earn (SAYE).
- And more.....
Derivates Operations Collateral Analyst employer: Pension Corporation
Contact Detail:
Pension Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Derivates Operations Collateral Analyst
✨Tip Number 1
Familiarise yourself with the specific collateral management tools mentioned in the job description, such as Tri Optima, Deco, and Apex. Having hands-on experience or even a basic understanding of these platforms can set you apart during discussions.
✨Tip Number 2
Brush up on your knowledge of derivatives regulations like EMIR, SFTR, and Solvency II. Being able to discuss these regulations confidently will demonstrate your expertise and show that you're well-prepared for the role.
✨Tip Number 3
Network with professionals in the banking and asset management sectors. Engaging with individuals who work in similar roles can provide insights into the industry and may even lead to referrals or recommendations.
✨Tip Number 4
Prepare to discuss your experience in delivering change and managing projects. Be ready to share specific examples of how you've successfully implemented improvements in previous roles, as this is a key requirement for the position.
We think you need these skills to ace Derivates Operations Collateral Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in derivatives operations and collateral management. Use specific examples that demonstrate your skills in managing collateral disputes and working with investment teams.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and how your background aligns with the responsibilities outlined in the job description. Mention your familiarity with collateral management tools and regulations to show you are well-prepared.
Highlight Technical Skills: Clearly outline your technical knowledge of derivatives and collateral management in your application. If you have experience with specific tools like Tri Optima or the Aladdin platform, make sure to mention these prominently.
Showcase Change Management Experience: Since the role involves delivering change initiatives, provide examples of past projects where you successfully implemented changes in processes or systems. This will demonstrate your ability to contribute to improvements within the company.
How to prepare for a job interview at Pension Corporation
✨Showcase Your Technical Knowledge
Make sure to highlight your understanding of derivatives and collateral management during the interview. Be prepared to discuss specific tools you've used, like Tri Optima or Aladdin, and how they relate to the role.
✨Demonstrate Collaboration Skills
Since the role involves working closely with various teams, be ready to share examples of how you've successfully collaborated in the past. Discuss any experiences where you influenced decisions or improved processes through teamwork.
✨Prepare for Change Management Questions
Expect questions about your experience with delivering change and managing projects. Have specific examples ready that showcase your ability to implement improvements and handle challenges effectively.
✨Understand Regulatory Frameworks
Familiarise yourself with relevant regulations such as EMIR and SFTR. Being able to discuss these regulations and their impact on collateral management will demonstrate your expertise and preparedness for the role.