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 and process improvement initiatives.
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 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
Collateral Specialist - Operations - Fixed Income Investment Management in London 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 in London
β¨Tip Number 1
Network like a pro! Reach out to your connections in the finance and investment sectors. Attend industry events or webinars, and donβt be shy about introducing yourself. You never know who might have the inside scoop on job openings!
β¨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their collateral processes and be ready to discuss how your experience aligns with their needs. Practise common interview questions and have your own questions ready to show your interest.
β¨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to remind them why youβre a great fit for the Collateral Specialist role.
β¨Tip Number 4
Donβt forget to apply through our website! Weβve got loads of opportunities that might just be perfect for you. Keep an eye on our listings and make sure your application stands out by tailoring it to each role.
We think you need these skills to ace Collateral Specialist - Operations - Fixed Income Investment Management in London
Some tips for your application π«‘
Tailor Your CV: Make sure your CV is tailored to the Collateral Specialist role. Highlight your experience in collateral management and asset operations, and donβt forget to mention any relevant skills like Excel proficiency and attention to detail.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why youβre the perfect fit for the role. Mention specific experiences that relate to the responsibilities listed in the job description, like managing margin calls or resolving operational issues.
Showcase Your Achievements: When detailing your past roles, focus on your achievements rather than just duties. Did you improve a process? Reduce errors? Quantify your successes to make your application stand out!
Apply Through Our Website: We encourage you to apply through our website for the best chance of being noticed. Itβs straightforward and ensures your application goes directly to us, so we can review it promptly!
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, margin calls, and settlements. Be ready to discuss specific examples from your past experience that demonstrate your understanding of these concepts.
β¨Showcase Your Attention to Detail
Given the high stakes in collateral management, it's crucial to highlight your attention to detail. Prepare to share instances where your meticulousness helped prevent operational issues or resolved disputes effectively.
β¨Familiarise Yourself with Compliance Standards
Understand the compliance frameworks relevant to collateral agreements like CSAs and GMRAs. Be prepared to discuss how you've ensured compliance in previous roles and how you would approach it in this position.
β¨Demonstrate Your Teamwork Skills
This role involves liaising with various teams, so be ready to talk about your collaborative experiences. Share examples of how you've worked with front office, Risk, and Finance teams to resolve operational issues or improve processes.