At a Glance
- Tasks: Monitor and collect collateral, resolve client queries, and ensure accuracy in processing.
- Company: Join a leading financial services firm focused on mitigating counterparty risk.
- Benefits: Enjoy a controlled work environment with opportunities for professional growth and development.
- Why this job: Make impactful decisions while building relationships with clients in a dynamic team setting.
- Qualifications: Experience in client services, strong communication skills, and attention to detail are essential.
- Other info: Flexible working hours and a supportive team culture await you!
The predicted salary is between 36000 - 60000 £ per year.
As a Margin and Collateral Analyst in the Collateral Operations team, you will support the management of collateral processes and client relationships, ensuring accuracy and compliance with firm policies. You will collaborate with colleagues across the globe, leverage digital tools, and proactively identify opportunities for process improvement. Together, we will deliver outstanding service to our clients and maintain the highest standards of operational control.
Job Responsibilities
- Build understanding of relevant businesses, product definitions, and standard operating procedures.
- Collaborate with high-performing teams across diverse cultures to accomplish common goals.
- Comply with policies, controls, regulations, and escalation protocols.
- Manage client requests with accuracy and within defined timelines and service level agreements.
- Generate collateral statements and send calls to clients for both standard and non-standard agreements.
- Answer incoming collateral calls, compare them to firm exposure, and agree on collateral movement.
- Resolve incoming queries, elevate issues, and support reconciliation and dispute resolution.
- Agree on coupons due on securities held as collateral and process month-end tasks, including interest on cash collateral.
- Participate in projects and testing to enhance and develop operating infrastructure, including occasional weekend support.
- Build awareness of digital operations tools through online and classroom training.
- Proactively identify areas for improving process quality, control, and productivity.
Required Qualifications, Capabilities, and Skills
- Bachelor’s degree or equivalent experience.
- Experience in external client services or similar roles interacting with senior or demanding clients.
- Strong client communication skills and ability to build effective client relationships.
- High level of accuracy and attention to detail, with the ability to work independently and follow procedures.
- Highly numerate with proficiency in Outlook, Excel, and Word.
- Ability to work as part of a team and demonstrate flexibility during busy periods such as month end.
- Self-motivated with a flexible approach to working hours.
Preferred Qualifications, Capabilities and Skills
- Working knowledge of Repo and/or OTC Derivatives Collateral Management.
- Familiarity with supporting legal documentation such as ISDA or GMRA.
- Experience with process improvement initiatives.
- Exposure to digital operations tools and platforms.
- Strong organizational and time management skills.
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Margin and Collateral Analyst employer: Jpmorgan Chase & Co.
Contact Detail:
Jpmorgan Chase & Co. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Margin and Collateral Analyst
✨Tip Number 1
Familiarise yourself with the key concepts of collateral management and counterparty risk. Understanding these terms will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the finance industry, especially those who work in collateral services or similar roles. Attend relevant events or join online forums to gain insights and potentially get referrals.
✨Tip Number 3
Brush up on your Excel skills, as this role requires a high level of numeracy and attention to detail. Consider taking an online course to enhance your proficiency, which can set you apart from other candidates.
✨Tip Number 4
Prepare for behavioural interview questions that focus on client communication and relationship-building. Think of specific examples from your past experiences where you successfully managed client expectations or resolved disputes.
We think you need these skills to ace Margin and Collateral Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience, especially in client services and collateral management. Use specific examples that demonstrate your communication skills and attention to detail.
Craft a Strong Cover Letter: Write a cover letter that addresses the key responsibilities of the Margin and Collateral Analyst role. Emphasise your ability to build relationships with clients and your experience in mitigating counterparty risk.
Highlight Relevant Skills: In your application, clearly outline your proficiency in tools like Excel and your numeracy skills. Mention any experience you have with processing collateral or resolving disputes, as these are crucial for the role.
Proofread Your Application: Before submitting, carefully proofread your application for any errors. A well-presented application reflects your attention to detail, which is essential for this position.
How to prepare for a job interview at Jpmorgan Chase & Co.
✨Showcase Your Client Communication Skills
Since the role requires strong communication with buy-side clients, be prepared to discuss your previous experiences in client interactions. Highlight specific examples where you successfully built relationships or resolved issues.
✨Demonstrate Attention to Detail
Accuracy is crucial for a Margin and Collateral Analyst. During the interview, mention instances where your attention to detail made a significant impact on your work. This could include examples of how you ensured accuracy in processing collateral or resolving disputes.
✨Prepare for Technical Questions
Expect questions related to financial concepts, particularly around collateral management and risk mitigation. Brush up on relevant terminology and processes, and be ready to explain how you would handle specific scenarios that may arise in the role.
✨Exhibit Your Problem-Solving Skills
The ability to resolve queries and disputes is key in this position. Prepare to discuss challenges you've faced in previous roles and how you approached problem-solving. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.