At a Glance
- Tasks: Manage collateral for clients, ensuring accuracy and integrity in a fast-paced environment.
- Company: Join a leading Tier One Investment Bank with a global presence.
- Benefits: Competitive salary, professional development, and a dynamic work culture.
- Other info: Collaborate with global teams and enjoy opportunities for career advancement.
- Why this job: Make a real impact in risk management while delivering top-notch client service.
- Qualifications: 5 years in finance, with strong knowledge of collateral management and excellent problem-solving skills.
The predicted salary is between 54000 - 66000 £ per year.
Overview
An exciting opportunity has arisen for an experienced Collateral Management Associate to join a leading Tier One Investment Bank within its Global Markets Operations function.
The Collateral Services team operates within a global model and is responsible for all aspects of collateral management, including direct client interaction relating to the issuance, receipt and settlement of margin activity across OTC Derivatives, Repo and Prime Brokerage products.
Working within a senior London-based team and partnering with global service centres, you will play a key role in mitigating operational, market and counterparty risk while delivering a first-class client experience.
This is a fast-paced, client-facing environment requiring strong problem-solving abilities, attention to detail and excellent stakeholder management skills.
Key Responsibilities
- Accountable for the support of Equity Prime clients, FX Prime clients, OTC and REPO clients
- Responsible for the accuracy and integrity of margin calls, interaction with internal stakeholders, ensuring credit and market risk is effectively mitigated, whilst providing a maximum level of client service.
- Escalate all disputes & default situations through the appropriate reporting lines
- Develop key relationships with other support functions as well as Front Office teams across HSBC.
- Expedite resolution of all disputes with counterparts, investigating haircuts and MTM differences in an efficient manner.
- Produce monthly MI using internal systems and basic excel.
- Review client queries and respond in a timely manner.
- Ensure procedures are maintained and appropriate controls are followed to eliminate operational and counterparty credit risk
- Attending client reviews and meetings as required
- Knowledge & Experience / Qualifications
- Minimum of 5 years’ experience in an Investment Banking / Financial Services environment with 3-4 years of experience in Collateral Management
- Excellent knowledge of OTC derivative products, Equities, FX and Bonds.
- Good understanding of ISDA CSA and other margin related documentation
- Working knowledge / experience in a PB environment.
- Good knowledge of Excel
- Excellent problem solving skills
- Ability to work independently and as part of a team to manage multiple tasks in a high pressure environment
- Excellent communication skills, both verbal and written
- #J-18808-Ljbffr
Collateral Management Associate employer: Undisclosed
Experis is an exceptional employer, offering a dynamic work environment in London or Manchester where collaboration and innovation thrive. With a strong focus on employee growth, we provide comprehensive benefits including a contributory pension programme, medical and dental cover, and generous holiday allowances, ensuring our team members feel valued and supported in their professional journey.
StudySmarter Expert Advice🤫
We think this is how you could land Collateral Management Associate
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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We think you need these skills to ace Collateral Management Associate
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Undisclosed.
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How to prepare for a job interview at Undisclosed
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Undisclosed.
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✨Network with Industry Professionals
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