At a Glance
- Tasks: Process margin calls, manage portfolio reconciliations, and ensure regulatory compliance.
- Company: Join a global bank with a dynamic operations team.
- Benefits: Competitive daily rate, hybrid work model, and potential for contract extension.
- Other info: Ideal for graduates or early-career professionals looking to make a difference.
- Why this job: Kickstart your career in banking with impactful responsibilities and growth opportunities.
- Qualifications: Experience in collateral management or regulatory operations preferred.
The predicted salary is between 44000 - 66000 € per year.
Overview
Location: London (Hybrid - 2/3 days onsite)
Rate: £220.00 per day (PAYE)
Contract: Until 31st March 2026 (potential for extension)
Division: Operations
Level: Associate
*Ideal for graduates or early careers banking professionals/associates*
About the Role
SMBC is seeking a detail-oriented and proactive Collateral Associate to join our Operations team on a contract basis. This role is critical in ensuring the accurate and timely processing of margin calls, portfolio reconciliations, and compliance with EMIR and MiFIR regulations. You will work closely with internal and external stakeholders to support the bank\\\'s regulatory and operational requirements.
Responsibilities
- Process daily CSA and GMRA margin calls and interest calculations.
- Administer EMIR portfolio reconciliations, including dispute resolution and escalation.
- Liaise with Treasury to ensure funding and timely collateral delivery.
- Monitor Nostro accounts and resolve reconciliation breaks.
- Support User Acceptance Testing (UAT) for system upgrades and process improvements.
- Maintain and enhance desktop procedures and operational workflows.
- Ensure compliance with all relevant regulatory and contractual obligations.
- Collaborate with team members and stakeholders to deliver high-quality service.
Skills & Experience
- Previous experience in collateral management or regulatory operations within banking or financial services.
- Strong understanding of CSA, GMRA, and ISDA documentation.
- Hands-on knowledge of EMIR and MiFIR regulatory requirements.
- Proficiency in Microsoft Excel for data manipulation and reporting.
- Experience with User Acceptance Testing (UAT).
- Excellent communication and stakeholder management skills.
- Self-motivated, collaborative, and detail-oriented.
Working Pattern
Hybrid: 2-3 days onsite in London, remainder remote.
How to Apply
If you meet the above criteria and are interested in joining a global bank in a high-impact role, please confirm your interest and send your CV for consideration
Junior Collateral Analyst in City of London employer: Pontoon
SMBC is an exceptional employer that fosters a dynamic and inclusive work culture, ideal for graduates and early-career professionals looking to make a meaningful impact in the banking sector. With a hybrid working model based in London, employees benefit from a collaborative environment that encourages professional growth through hands-on experience in regulatory operations and access to ongoing training opportunities. The company prioritises employee well-being and offers competitive rates, making it a rewarding place to build a career in finance.
StudySmarter Expert Advice🤫
We think this is how you could land Junior Collateral Analyst in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking sector, especially those who work in collateral management or regulatory operations. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of CSA, GMRA, and EMIR regulations. We want you to feel confident discussing these topics, as they’re crucial for the Junior Collateral Analyst role. Practice common interview questions with a mate!
✨Tip Number 3
Showcase your Excel skills! Since proficiency in Excel is key for this role, consider creating a portfolio of projects or examples that highlight your data manipulation abilities. This will impress potential employers and set you apart from the crowd.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our platform. Let’s get you that Junior Collateral Analyst position!
We think you need these skills to ace Junior Collateral Analyst in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience in collateral management or regulatory operations. We want to see how your skills align with the role, so don’t be shy about showcasing your understanding of CSA, GMRA, and EMIR!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re excited about the Junior Collateral Analyst position and how your background makes you a great fit. We love seeing genuine enthusiasm!
Show Off Your Excel Skills:Since proficiency in Microsoft Excel is key for this role, consider mentioning specific projects or tasks where you've used Excel for data manipulation and reporting. We appreciate candidates who can demonstrate their technical skills!
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 a few clicks and you’re done!
How to prepare for a job interview at Pontoon
✨Know Your Regulations
Make sure you brush up on EMIR and MiFIR regulations before the interview. Being able to discuss these in detail will show that you're not just familiar with the terms, but that you understand their implications in collateral management.
✨Excel Skills are Key
Since proficiency in Microsoft Excel is crucial for this role, be prepared to demonstrate your skills. You might be asked about specific functions or how you would handle data manipulation, so think of examples from your past experiences.
✨Show Your Detail Orientation
As a Junior Collateral Analyst, attention to detail is vital. Prepare to share examples of how you've successfully managed tasks that required precision, whether in your studies or previous roles. This will highlight your proactive approach.
✨Communicate Effectively
Strong communication skills are essential for liaising with stakeholders. Practice articulating your thoughts clearly and concisely. You might even want to prepare a few questions to ask the interviewer about team collaboration and stakeholder management.
