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.
- Why this job: Make an impact in the finance world while enhancing your skills in a fast-paced setting.
- Qualifications: 3+ years in asset operations or collateral management; strong attention to detail required.
- Other info: Great opportunity for career growth in a supportive and innovative environment.
The predicted salary is between 36000 - 60000 Β£ 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 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
Collateral Specialist - Operations - Fixed Income Investment Management employer: Miryco Consultants Ltd
Contact Detail:
Miryco Consultants Ltd Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Collateral Specialist - Operations - Fixed Income Investment Management
β¨Tip Number 1
Network like a pro! Reach out to your connections in the finance and investment sectors. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
β¨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, as well as how you handle operational issues.
β¨Tip Number 3
Showcase your attention to detail! Bring examples of how you've maintained robust controls and documentation in past roles. This will demonstrate your strong control mindset to potential employers.
β¨Tip Number 4
Don't forget to apply through our website! Itβs the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Collateral Specialist - Operations - Fixed Income Investment Management
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights your experience in collateral management and asset operations. Use keywords from the job description to show that youβre a perfect fit for the role.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Explain why youβre interested in the Collateral Specialist position and how your background aligns with the responsibilities listed. Keep it concise but impactful.
Showcase Your Skills: Donβt forget to mention your proficiency with Excel and any operational systems youβve used. If you have experience with custodians or tri-party agents, make sure to highlight that too!
Apply Through Our Website: We encourage you to apply directly through our website. Itβs the best way for us to receive your application and ensures youβre considered for this exciting opportunity!
How to prepare for a job interview at Miryco Consultants Ltd
β¨Know Your Collateral Inside Out
Make sure you brush up on your knowledge of collateral processes, including margin calls and settlements. Be ready to discuss your experience with collateral eligibility and valuation checks, as this will show that you understand the core responsibilities of the role.
β¨Showcase Your Attention to Detail
Given the high attention to detail required in this position, prepare examples from your past work where your meticulousness made a difference. Whether itβs resolving disputes or reconciling balances, having specific instances ready will demonstrate your control mindset.
β¨Familiarise Yourself with Relevant Regulations
Understanding collateral agreements like CSAs and GMRAs is crucial. Brush up on these regulations and be prepared to discuss how you've ensured compliance in previous roles. This will highlight your ability to navigate the operational landscape effectively.
β¨Prepare for Process Improvement Discussions
The job mentions contributing to process improvements and automation initiatives. Think about times when youβve identified inefficiencies and implemented changes. Sharing these experiences will show that youβre proactive and can add value to their operations.