Collateral Management Analyst - Investment Banking

Collateral Management Analyst - Investment Banking
London - 6 months

RESPONSIBILITIES
* Responsibility for day to day Collateral Management MTM functions for both Cash & Non-Cash Collateralized trades, including Tri-Party. With appreciation and inclusion of pre-pay items, haircuts, margins, while conforming and adhering to Collateral Mandatesbooking trades on time with settlement deadlines in mind, plus Lender deadlines for same-day trading.
* Agreement of fee marks with Lenders - which ensures there are no month-end differences with the Lenders in PnL, on fixed or floating price trades
* Manage recalls initiated by the Front Office by; finding suitable & eligible replacements, pricing positions, while adhering to collateral mandates & schedules, marginsGSL Slate, ICS & Global 1, so that we limit downstream breaks in the depots, plus do not impact Credit & Regulatory reporting performed by INSIGHT

SKILLS AND EXPERIENCE
* Like for like experience in Stock Loan/Collateral management function
* Complete and total understanding of daily Collateral Mgmt function, with appreciation of haircuts, margins, credit ratings and pre-pays, and business risk of exposure differences
* Firm Settlements understanding on all markets - how markets are processed, deadlines, limitations in some, and the impact they have on Collateral requirements each day.
* Understanding of trading strategies, and why we need to trade non-cash vs cash.
* Understand G7, G10, Equity Indexes in terms of rating and therefore optimisation
* Understanding of Tri-Party agreements and processing via Escrow's COMET process, but also other providers platforms
* Products - Experience of Equities, Fixed Income, Letters of Credit, ETF's, DBV's, UST's
* Systems - extensive use of Excel, Global 1, Equilend, PIRUM, Bloomberg, Reuters
* Knowledge of Cash-pool/Cash Rebate & Fee Accruals & functions

Hy-phen Limited is acting as an Employment Business in relation to this vacancy.

The Adecco Group UK & Ireland is an Equal Opportunities Employer.