At a Glance
- Tasks: Join our OTC team to manage daily margin processes and client interactions.
- Company: Hays is a leading recruitment agency with a strong reputation in the industry.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and development.
- Why this job: Be part of a collaborative team that drives innovation in collateral management.
- Qualifications: Experience in Collateral Management and knowledge of OTC derivative products required.
- Other info: This role offers exposure to various internal departments and exciting projects.
The predicted salary is between 36000 - 60000 Β£ per year.
Job Description
Hays are currently recruiting for a Collateral Analyst to join an OTC team in London. You will join a team who are responsible for managing all exposures resulting from OTC trading
Responsibilities will include;
- Running daily margin process and releasing margin reporting.
- Analysing changes in client equity and margin requirements.
- Issuing margin calls directly to clients and responding to client queries.
- Authorisation of release of equity from client accounts (both cash and free of payment stock).
- Liaising with other internal departments including Onboarding, Risk, Client Service and Account Management.
- Involvement in ad hoc projects for new processes or industry initiative
To be considered for this role you will need to have the following experience;
Direct experience in Collateral ManagementOTC derivative products knowledge
Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk
Collateral Management (OTC) - Hays employer: Hays
Contact Detail:
Hays Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Collateral Management (OTC) - Hays
β¨Tip Number 1
Familiarise yourself with OTC derivative products and the collateral management process. Understanding the nuances of these financial instruments will not only boost your confidence but also impress the hiring team during any discussions.
β¨Tip Number 2
Network with professionals in the collateral management field. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities within Hays.
β¨Tip Number 3
Prepare for potential interview questions by practising how you would handle specific scenarios related to margin calls and client queries. Demonstrating your problem-solving skills and ability to communicate effectively will set you apart.
β¨Tip Number 4
Stay updated on market trends and regulatory changes affecting collateral management. Showing that you are proactive about your professional development can make a strong impression on the hiring team at Hays.
We think you need these skills to ace Collateral Management (OTC) - Hays
Some tips for your application π«‘
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Collateral Analyst. Familiarise yourself with OTC trading, margin processes, and client interactions to tailor your application effectively.
Highlight Relevant Experience: In your CV and cover letter, emphasise any direct experience you have in Collateral Management and your knowledge of OTC derivative products. Use specific examples to demonstrate your skills and achievements in these areas.
Craft a Strong Cover Letter: Write a compelling cover letter that outlines why you are a great fit for the role. Mention your analytical skills, ability to manage client queries, and experience liaising with internal departments, as these are key aspects of the job.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail.
How to prepare for a job interview at Hays
β¨Know Your OTC Derivatives
Make sure you brush up on your knowledge of OTC derivative products. Be prepared to discuss how they work and their implications in collateral management, as this will likely come up during the interview.
β¨Demonstrate Analytical Skills
Since the role involves analysing changes in client equity and margin requirements, be ready to showcase your analytical skills. You might be asked to solve a hypothetical scenario or provide examples from your past experience.
β¨Prepare for Client Interaction Questions
As you'll be issuing margin calls and responding to client queries, think about how you would handle difficult client interactions. Prepare examples that demonstrate your communication skills and ability to resolve issues effectively.
β¨Familiarise Yourself with Internal Processes
Understanding how different departments like Onboarding, Risk, and Client Service interact is crucial. Research Hays' structure and be ready to discuss how you would collaborate with these teams to enhance the collateral management process.