At a Glance
- Tasks: Manage daily collateral processes and support the operational lifecycle of investment trades.
- Company: Join a leading fixed income asset manager with a dynamic team.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Great opportunity for career growth in a fast-paced environment.
- Why this job: Make an impact in the finance world while enhancing your skills in collateral management.
- Qualifications: 3+ years in asset operations or collateral management; strong attention to detail.
The predicted salary is between 55000 - 65000 £ per year.
Miryco Consultants are working with a leading fixed income asset manager to add a Collateral Specialist to their Investment Operations team. You should have experience supporting the full lifecycle of trading events as well as collateral processes.
Responsibilities:
- Manage daily collateral processes including margin calls, settlements, substitutions, and returns
- Perform collateral eligibility, valuation, concentration, and haircut checks
- Monitor and resolve margin disputes with counterparties and clearing brokers
- Ensure compliance with collateral agreements (CSAs, GMRAs, GMSLAs) and internal policies
- Reconcile collateral balances and investigate breaks in a timely manner
- Liaise with custodians, tri-party agents, and counterparties to resolve operational issues
- Support collateral-related reporting to Risk, Treasury, and senior management
- Maintain robust controls, documentation, and audit trails across collateral activities
- Support the operational lifecycle of investment trades from execution through settlement
- Coordinate with front office, Risk, Finance, and external service providers on asset servicing matters
- Oversee post-trade processes including confirmations, settlements, and reconciliations
- Monitor and resolve operational breaks and exceptions across asset classes
- Support NAV, cash, and position reconciliations where required
- Assist with regulatory, audit, and internal control reviews
- Contribute to process improvements, automation initiatives, and operating model enhancements
Experience:
- 3 years plus experience in asset operations, collateral management, or a related middle-office role
- Strong academic background from a leading university
- Good understanding of collateral mechanics, margining, and operational risk
- High attention to detail with a strong control mindset
- Proficient with Excel and operational systems; familiarity with custodians or tri-party agents is beneficial
Location: London, 4/1
Please note, should you not be contacted within five working days of submitting your application, then unfortunately you have not been shortlisted for this position. We will, however, be in touch should there be any other opportunities of potential interest suiting to your skills.
For similar opportunities, follow Miryco Consultants on LinkedIn.
Collateral Specialist - Operations - Fixed Income Investment Management in Cardiff employer: Miryco Consultants Ltd
Miryco Consultants offers a dynamic and supportive work environment for Collateral Specialists in the heart of London, where you can thrive in a culture that values collaboration and innovation. With a strong focus on employee growth, we provide ample opportunities for professional development and career advancement, alongside competitive benefits that enhance work-life balance. Join us to be part of a leading fixed income asset manager that prioritises excellence and integrity in all operations.
StudySmarter Expert Advice🤫
We think this is how you could land Collateral Specialist - Operations - Fixed Income Investment Management in Cardiff
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and investment sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your collateral management knowledge. Be ready to discuss your experience with margin calls and settlements. Practise common interview questions and think of examples that showcase your attention to detail and problem-solving skills.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in leaving a positive impression. Mention something specific from your conversation to remind them of your fit for the role.
✨Tip Number 4
Don’t forget to check our website regularly for new opportunities! We’re always updating our listings, and applying directly through us can give you an edge. Plus, it shows you’re proactive and genuinely interested in joining the team.
We think you need these skills to ace Collateral Specialist - Operations - Fixed Income Investment Management in Cardiff
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Collateral Specialist role. Highlight your experience with collateral processes, margin calls, and any relevant operational roles. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about fixed income investment management and how your background makes you a great fit for our team. Keep it concise but impactful!
Showcase Your Attention to Detail:In this role, attention to detail is key. Make sure your application is free from typos and errors. We appreciate candidates who take the time to present their best selves, so double-check everything before hitting send!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts!
How to prepare for a job interview at Miryco Consultants Ltd
✨Know Your Collateral Inside Out
Make sure you brush up on your knowledge of collateral processes, margin calls, and settlements. Be ready to discuss specific examples from your experience that demonstrate your understanding of these concepts and how you've managed them in the past.
✨Showcase Your Attention to Detail
Given the importance of accuracy in this role, prepare to highlight instances where your attention to detail made a difference. Think about times when you caught errors or improved processes, and be ready to share those stories.
✨Familiarise Yourself with Relevant Regulations
Understanding compliance is key for a Collateral Specialist. Brush up on collateral agreements like CSAs and GMRAs, and be prepared to discuss how you've ensured compliance in previous roles. This will show that you’re not just knowledgeable but also proactive.
✨Prepare Questions for Them
Interviews are a two-way street! Prepare insightful questions about their operational processes, team dynamics, or future projects. This shows your genuine interest in the role and helps you assess if it’s the right fit for you.
