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 with 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 Stevenage employer: Miryco Consultants Ltd
Miryco Consultants offers a dynamic and supportive work environment for Collateral Specialists in the heart of London, where employees are encouraged to grow and develop their skills in fixed income investment management. With a strong focus on collaboration and innovation, the company provides ample opportunities for professional advancement, alongside competitive benefits and a culture that values integrity and excellence. Join us to be part of a team that is committed to operational excellence and making a meaningful impact in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Collateral Specialist - Operations - Fixed Income Investment Management in Stevenage
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and investment sectors. You never know who might have a lead on a Collateral Specialist role or can put in a good word for you.
✨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've handled operational issues in the past.
✨Tip Number 3
Showcase your attention to detail! During interviews, highlight specific examples where your strong control mindset helped prevent issues or improved processes in your previous roles.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step!
We think you need these skills to ace Collateral Specialist - Operations - Fixed Income Investment Management in Stevenage
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:Given the nature of the role, it's crucial to demonstrate your attention to detail. Whether it's in your CV or cover letter, make sure to highlight specific examples where you've successfully managed complex collateral processes or resolved operational issues.
Apply Through Our Website:We encourage you to apply through our website for the best chance of being noticed. It streamlines the process for us and ensures your application gets to the right people quickly. Don’t miss out on this opportunity!
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 past experience that demonstrate your understanding of these concepts.
✨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. Bring up any experiences where you successfully reconciled balances or resolved operational breaks.
✨Familiarise Yourself with Compliance Standards
Understand the collateral agreements like CSAs, GMRAs, and GMSLAs. Be prepared to discuss how you've ensured compliance in previous roles, as this will show your potential employer that you take regulations seriously.
✨Prepare for Technical Questions
Since proficiency in Excel and operational systems is key, expect technical questions during the interview. Brush up on your Excel skills and be ready to explain how you've used technology to improve processes in your previous roles.
