At a Glance
- Tasks: Provide analytical support and manage collateral processes in a dynamic financial environment.
- Company: Global leader in financial technology with a focus on innovation and inclusivity.
- Benefits: Competitive day rate, hybrid working, and opportunities for professional growth.
- Other info: Exciting contract role with potential for extension and career development.
- Why this job: Join a team that powers commerce globally and make a real impact in finance.
- Qualifications: Experience in collateral management and strong communication skills required.
Senior Collateral Analyst
Birmingham or Edinburgh/Hybrid
6 months contract
Day rate £400 via Umbrella Company
Pontoon is an employment consultancy, we put expertise, energy, and enthusiasm into improving everyone’s chance of being part of the workplace. We respect and appreciate people of all ethnicities, generations, religious beliefs, sexual orientations, gender identities, and more. We do this by showcasing their talents, skills, and unique experience in an inclusive environment that helps them thrive.
My client powers businesses of all sizes to make, take and manage payments. They are a global leader in financial technology with unique capabilities to power omni-commerce. Whether online, in store or mobile, they are at the heart of great commerce experiences in 146 countries and across 135 currencies. They help our customers become more efficient, more secure and more successful.
They are looking for a Senior Collateral Analyst to join the team on an initial 6 month contract with the potential to extend. You will be working Monday to Friday, 9am to 5pm, hybrid working being office based at one of the above locations a minimum of 2 days a week.
The Team
Collateral Management Operations Team, responsible for the daily processing, agreement and settlement of margin calls to mitigate the organisations credit risk exposure. On an average day the team will process c. 1,000 margin calls with an average combined monthly settlement value of c £14bn.
The Role
- To provide specialist technical, analytical and transaction management support to key stakeholders and business partners.
- Dispute Management, including Regulatory reporting.
- Ownership of collateral, supporting and coordinating with MO teams involved in the end-to-end collateral journey to ensure seamless delivery for our clients.
- Act as central point of contact for collateral ensuring queries are dealt with on a timely basis.
- Identify and deliver Continuous Improvement opportunities to increase efficiency of processes, and reduce risk.
- Trusted partner for counterparties and internal and external stakeholders.
Accountabilities:
- Technical knowledge of the post trade landscape, with comprehensive knowledge of collateral management and settlement activity.
- Responsible for enabling daily exchange of collateral (Cash or Securities) to reduce credit risk associated with Markets Trading activity.
- Management of collateral disputes process.
- Coordination of collateral activity across internal departments including Onboarding, Risk, Operations and Finance.
- Analyse issues to identify best solution, driving solution through to completion.
- Provides advice on designing new processes and systems including supporting new product requests.
- Support Group audit activity, including balance sheet substantiation.
- Support and coach colleagues supporting the end to end collateral journey.
- Assist collateral response to Group incidents, including extraction and provision of MI to support wider Group response.
- Ensure compliance with Group policy, procedures and guidelines, quality standards and all regulatory and statutory requirements.
Key Capabilities/ Knowledge:
- Comprehensive understanding of collateral management lifecycle ideally gained in a banking environment.
- In depth understanding of legal agreements underpinning the Collateral product.
- Experience in the use of collateral systems eg Murex, Colline, Acadia.
- Strong stakeholder management and communication skills.
- An understanding of market products eg Derivatives, FX, Repo.
Please apply with an up-to-date CV which must show evidence of the above to be considered. Please be advised if you haven't heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you.
We use generative AI tools to support our candidate screening process. This helps us ensure a fair, consistent, and efficient experience for all applicants. Rest assured, all final decisions are made by our hiring team, and your application will be reviewed with care and attention.
Analyst (Contract, Temporary) employer: Pontoon Solutions
Contact Detail:
Pontoon Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Analyst (Contract, Temporary)
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and tech 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 researching the company and its culture. Understand their products and services, especially in collateral management. This will help you tailor your answers and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your responses to common interview questions, but keep it natural. Use the STAR method (Situation, Task, Action, Result) to structure your answers, especially when discussing your experience with collateral management and dispute resolution.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Analyst (Contract, Temporary)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Senior Collateral Analyst. Highlight your experience in collateral management and any relevant technical skills. We want to see how your background aligns with what we're looking for!
Showcase Your Skills: Don’t just list your skills; demonstrate them! Use specific examples from your past roles that showcase your analytical abilities and stakeholder management. This helps us see how you can contribute to our team.
Be Clear and Concise: When writing your application, keep it clear and to the point. Avoid jargon unless it's relevant to the role. We appreciate straightforward communication, so make it easy for us to understand your qualifications.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Pontoon Solutions
✨Know Your Collateral Management
Make sure you brush up on your knowledge of the collateral management lifecycle. Be ready to discuss your experience with systems like Murex or Colline, and how you've handled margin calls in the past. This will show that you’re not just familiar with the concepts but have practical experience too.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess by discussing specific examples where you've identified issues and driven solutions. Think about times when you improved processes or resolved disputes effectively. This will highlight your problem-solving abilities, which are crucial for this role.
✨Communicate Like a Pro
Strong stakeholder management is key in this position. Practice articulating your thoughts clearly and confidently. You might be asked how you would handle communication with internal teams or external partners, so have some scenarios ready to illustrate your approach.
✨Understand the Regulatory Landscape
Familiarise yourself with the regulatory requirements related to collateral management. Be prepared to discuss how you ensure compliance in your work. This shows that you understand the importance of regulations and can navigate them effectively in your role.